The Covid-19 Action Fund is designed as a bridge to capital for innovators on the frontlines of the pandemic, who are creating solutions for the biggest challenge we have confronted as a nation.
We are pleased to announce the launch of BACoAF: Bexley Advisors Covid-19 Action Fund, which went live yesterday at www.bexleyadvisors.com/bacoaf and is currently accepting applications from all innovators who are developing products and solutions to combat the Covid-19 pandemic, and are in need of capital to ensure maximum impact.
Bexley is a boutique investment bank that helps connect entrepreneurial ventures to capital. For the present, at what is probably the deepest end of this crisis, we are committing 75% of our staff and resource to rapidly identifying promising ideas and connecting them to the right kind of capital: a mix of equity, debt and grants.
We are waiving our engagement fee for all BACoAF applicants, and will serve to prepare the necessary investor material along with innovators for selected applications. Following this, we will run our standard investment banking process on your behalf, connecting you to the appropriate sources of capital.
Several marquee investors from a mix of backgrounds: traditional VCs, government and multilateral agencies, banks and venture debt funds have made commitments to support initiatives and companies identified through this initiative.
We are looking to play our small part in facilitating the most promising solutions to come to the fore and act on the frontlines of this battle without delay, helping arrest the pandemic and reverse its impact on the lives and wellbeing of our citizens.
How it Works:
We are accepting entries on a rolling basis: entries will be collected by C.O.B every Wednesday, collated and shared with participating VCs and investors every Friday.
We will circle back with respondents in the following week to share updates / feedback, if any.
We will forego our engagement fee for all entries, and work with you to make your pitch stronger and enable you on your journey to getting capital to fund your solutions.
Notes Before you Start:
The application form is designed to be quick - don't aim for perfection. We will help you get there.
Do not wait till you have all you need: you can edit and update your entries.
Be descriptive but specific, and avoid redundant information. Help us make quick decisions that will empower us to help you.
And lastly: thank you!
We are all grateful to you, the innovators,
who will find our path out of this crisis.