The Fourth Mainland Fund, a new investment vehicle focused on African digital creators and storytelling ventures, has officially opened for applications. The fund is designed to support creators building sustainable businesses across the continent.
The fund is anchored by a minimum personal commitment of $500,000 from Chude Jideonwo, with capital to be deployed gradually as fund managers identify investible creators and ventures. According to the fund, it is structured as “an investment, not a grant,” with a focus on long term value creation rather than one off funding.
Fourth Mainland Fund targets storytellers and creators working primarily on digital platforms, paying close attention to subscription, community, and streaming based revenue models. It stated that there are no fixed requirements for audience size or existing revenue, noting that “each potential investment will be assessed on its own merits.”
The fund adopts a flexible investment approach, ranging from hands off backing to active operational support, depending on what best suits each creator or venture. Investment structures may include licence rights, equity investment, and intellectual property rights, depending on the specifics of the business.
Pitches will be accepted on a rolling basis, and only successful applicants will be contacted. Interested creators are advised to submit their pitches via https://www.fourthmainland.com/pitch.
Following the announcement, individuals expressed interest in contributing capital. As a result, the fund has been opened beyond the initial commitment through a closed investment club. Those interested can reach the team at ceo@joyinc.xyz.
