Startups in Ghana will now benefit from one more new investor in town.
Quick Angels Limited is a fully owned Ghanaian angel investor company which provides services, including start-up equity financing, early stage equity financing, business growth equity financing, Small and Medium Enterprises (SME) equity financing and buying and selling of businesses.
Richard Nii-Armah Quaye, Board Chairman of Quick Angels
The company promises to provide more seed capital for startups; to rapidly expand existing businesses by making available the requisite capital and premium management expertise; partner already existing businesses and startups with the aim of providing strong financial returns and creating institutionalized entities over long periods.
The new company is located along the Ring Road close to Ernest Chemist, Ring Road Central, Accra, Ghana.
A New Ponzi Scheme In Town?
For those thinking that there is a new Ponzi Scheme in town, Mr.
Richard Nii-Armah Quaye Board Chairman of Quick Angels said:
‘‘Quick Angels Limited has not been established to defraud people but rather, to help young entrepreneurs with brilliant business ideas to thrive.People will think that perhaps, we have also come here to bring a Ponzi scheme. Our mission is to drive innovative commercial Angel Investments that seek to propel Ghanaian start-ups and also restore promising businesses through strategic partnerships that exceed expectations.”
The best way to go about believing them is to do background checks on the company to get dig out more information about who are and their operation, although the CEO of the Ghana Investment Promotion Corporation (GIPC), Yoofi Grant has praised the new company for the initiative.
What The Company Does
“Quick Angels is a God sent company at this time where startups in Ghana need long term financial sources to grow their businesses and to scale it up. They are coming with equity funding and not loans which means that startups can comfortably think about how to scale up their businesses and grow it,’’ the Chief Executive Officer (CEO) of National Entrepreneurship and Innovation Plan in Ghana, Mr John Kumah noted.
Also See: Zipline in Ghana: What is Left For Africa Entrepreneurs?
The company stated in its website to be providing the following services:
- The Startup Equity financing
- Early Stage Equity Financing
- Business Growth Equity Financing
- SME Equity Financing
- Buying and selling of Businesses
Startups in Ghana can check up on them to know what difference they are bringing to the table.
Charles Rapulu Udoh
Charles Rapulu Udoh a Lagos-based Lawyer with special focus on Business Law, Intellectual Property Rights, Entertainment and Technology Law. He is also an award-winning writer. Working for notable organisations so far has exposed him to some of industry best practices in business, finance strategies, law, dispute resolution and data analytics both in Nigeria and across the world.