Program · Scout Program

Microtraction Scout Program

Microtraction Scout Program is Microtraction's scout program offering venture-backed founders the opportunity to invest in and support startups across Africa.

Scout ProgramPre-seedSeedFintechCommerceAI

Overview

What Microtraction Scout Program offers

What Microtraction Scout Program is

Microtraction Scout Program is a venture scout initiative created to help Microtraction identify and invest in high-potential African startups beyond its original Nigeria-heavy pipeline. The program empowers venture-backed founders and operators to identify, invest in, and support high-potential startups across the African continent.

Operational profile

Program status and context

Program status describes the program itself. Application availability and deadlines remain separate.

Operational status
Active
Program type
Scout Program
Host organization
Microtraction
Last reviewed
July 12, 2026
What Scout program means

A scout program is a structured venture-capital program that recruits external people to help a fund discover, refer, evaluate, or sometimes invest in early-stage startups.

Open the glossary entry

Terms and economics

Published program terms

Investment
$50,000
Price
Unknown
Compensation
Carry Share

Compensation and economics

Scouts deploy their own capital with support from Microtraction and earn carried interest on successful investments. They also gain access to a high-quality investor network and opportunities for personal brand building.

Focus and fit

Who the program is for

Program thesis

The Microtraction Scout Program aims to leverage local expertise and networks to identify and support high-potential startups in Africa. By empowering founders and operators to act as scouts, the program enhances deal flow and fosters a more democratic venture capital structure.

Eligibility

Ideal scouts are venture-backed founders with successful exits or ongoing success, experienced operators from successful African tech startups, and individuals with deep local ecosystem knowledge.

Selection approach

Prospective scouts should demonstrate relevant founder or operator experience, show commitment to the African tech ecosystem, and have existing networks for deal sourcing. Applications can be made through the Microtraction website or via network referrals.

Stages
Pre-seed · Seed
Regions
Africa
Audience
Scouts · Investors · Operators · Founders
Geographic eligibility
Global
Career stage
Mid Career · Senior

Format and cadence

How participation works

Presence
Remote
Main location
Lagos, Nigeria
Cohort size
13
Engagement
Part Time

Delivery model

The program operates in a hybrid model, combining remote and in-person engagement.

Participation expectations

Scouts are expected to engage part-time as they balance their own ventures with scouting responsibilities.

Availability and engagement

Application timing and route

Application state
Accepting
Admissions
Application Only

Published timeline

The program has been operational since 2019 and continues to expand its geographic focus across Africa.

Application considerations

Prospective applicants should focus on demonstrating their commitment to the African tech ecosystem and their ability to source deals effectively.

Value and support

What participation may provide

Publicly described support is context, not a guarantee of current delivery or future benefit.

What participants may receive

Participants gain access to Microtraction's investor network, proven due diligence frameworks, operational support, and opportunities for personal brand building through visibility in the community.

Common questions

Program details at a glance

Microtraction Scout Program is published in Upseed as a scout program program hosted by Microtraction. Upseed treats the Program and its host Organization as separate records so each can have its own status and sources.

Next step

Continue through the program ecosystem

Review the host organization, then continue through a verified sector, place, or related program when one is available.

Source and update disclosure

Know what this page is based on

Source basis

Public organization and program material, official websites, and structured Upseed records.

Last reviewed

July 12, 2026

Known limits

Terms, deadlines, and application states can change. Confirm current details at the published destination before acting. Upseed does not yet classify every Program destination as official.

Upseed is an independent guide. It is not affiliated with, endorsed by, or the official representative of this program or its host.