01
Check your eligibility
Two minutes, no documents. If you qualify, the full application link arrives by email straight away. If not, we reply within 10 working days.
NextGen Match Funding
You've raised the money. We'll match up to the same amount and build your product.
NextGen matches up to the capital you have already raised, from R500,000 to R5,000,000. The condition: your capital is spent with NextGen on building your product. You own every line of code we write.
Check if you're eligible (2 minutes)
Cohort 1 closes 30 November 2026
The process
How it works
02
Complete the full application
About 45 minutes on a desktop, through the link we email you. You'll upload company documents, financials, your deck and proof of the capital you've raised.
03
Get your offer
We assess the business and offer a match built around it, up to the amount you've raised, in cash, build work or both. NextGen's return is equity, a convertible note, or repayment once you're earning, whichever suits the company. Offers go out about nine weeks after the cohort closes.
Fit
Is this for you?
Who it's for
You run a registered company. You have capital that is in the bank, signed, or on a term sheet. You have a product to build or rebuild, and you're happy to build it with us.
It isn't for you if
You need money for runway, salaries or marketing, you haven't raised anything yet, or you're applying as an individual. Come back when the cheque is signed.
For the full application
What you'll need
- Company registration documents and tax compliance status
- Shareholder agreement or MOI, and your cap table
- Investor deck, business plan and financial model
- Annual financial statements (or management accounts) and six months of bank statements
- Proof of the capital you've raised: signed term sheets, subscription agreements or bank confirmation
- ID or passport copies for each founder
Cohorts
Cohort dates
| Cohort | Applications close | Offers by |
|---|---|---|
| 1 | 30 November 2026 | 26 February 2027 |
| 2 | 29 January 2027 | 2 April 2027 |
| 3 | 26 February 2027 | 30 April 2027 |
Cohort 1
- Applications close
- 30 November 2026
- Offers by
- 26 February 2027
Cohort 2
- Applications close
- 29 January 2027
- Offers by
- 2 April 2027
Cohort 3
- Applications close
- 26 February 2027
- Offers by
- 30 April 2027
A new cohort closes at the end of every month except December.
Questions
Questions founders ask
Is this funding or a sales pitch?
Your capital pays for build work with NextGen, and we match up to the same amount in cash, build work or both. You get more product than your capital buys on its own, and we earn from the build and from the return agreed in your offer. You should know that before you apply.
What does NextGen take in return?
It depends on the business: equity, a convertible note, or repayment once you're earning. The terms are in your offer, and you're free to say no.
Who owns the code?
You do.
My investor has committed verbally. Should I apply?
Apply once it's signed. Verbal commitments usually roll to the next cohort.
Is there a fee to apply?
No.
What happens to my documents?
We use them only to assess your application, and we keep them confidential. If you're declined, we delete them after 12 months. The full terms are linked below.
Do you pay hubs to send founders to you?
No. If a hub recommended us, it's because they think you fit.
I missed this cohort.
A new one closes at the end of every month except December.