Funding
Amount & Allocation
Each venture receives USD 75,000, allocated to address its financial (direct funding) and non-financial (indirect funding) needs. During the development planning process, founders and their assigned Venture Builder jointly determine how this total is split between direct funding and non-financial support, with the investment instrument structured to reflect that agreement. Disbursement amounts, conditions precedent, and related parameters remain at Jasiri Growth Accelerator’s discretion.
Direct funding: Funds that flow straight to the venture, covering working capital for day-to-day operations and strategic capital expenditure for assets that unlock growth milestones.
Indirect funding: Funds that cover external expertise the venture needs but may not be able to access on its own, such as legal or specialised technical support, commissioned jointly by the Accelerator team and founders to help clear a specific growth milestone.
Investment Instrument: Simple Agreement for Future Equity (SAFE)
Jasiri Growth Accelerator invests through a SAFE, a Y Combinator-originated investment agreement that gives the investor the right to future equity without fixing a venture’s valuation at the time of investment. Valuation is instead determined when a predetermined trigger, or future conversion event occurs (e.g. equity investment round, initial public offering or acquisition).
Investment timing
Direct funding is disbursed upon signing of the Program Agreement and SAFE and finalisation of the development plans and growth milestones, with the timing and conditions of any subsequent disbursements or drawdowns agreed in advance. Non-financial support is paid directly to the relevant service provider, in line with the agreements founders have entered into with that provider.