A Resilient Africa 2020 - An AfriLabs Impact Report

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Projects under the Capacity Building Awards

JACARANDA HUB AND GODO HUB

CATEGORY

City: Lusaka and Lagos Country: Zambia & Nigeria Region: East Africa & West Africa Status: Yet to start

Investor & Mentor Networks Building and Matching

PROJECT SUMMARY

The project will involve a 6-month training program leveraging a structured curriculum in training selected startups for entrepreneurial success and investor readiness, building a network of selected mentors, funding from a social crowdfunding initiative for selected startups and matching trained and mentored startups with local and global investors.

PROJECTED IMPACT

Support 100 Zambian startups

Create a supportive and responsive mentor network of up to 200 Zambian, Nigerian and mentors of other nationalities Support the culmination of investments in 15% of startups in the program

Provide qualified startups with a one time grant of $10,000

ENNOVATE HUB

CATEGORY

City: Dar-es-salaam Country: Tanzania Region: East Africa Status: Ongoing

Investor & Mentor Networks Building and Matching

PROJECT SUMMARY

A project that leverages virtual venture building services and investors fireside sessions to amplify business operations of early stage startups, then connect them to a pool of active investors through an investment marketplace. The project is currently underway and is designed to run one cohort per quarter (that is 4 cohorts per year), where 10 startups are selected into each cohort through a defined due diligence process. Know more here: ventures.ennovatehub.com/startups

Build the capacity of 100 early stage underrepresented startups in East Africa, prepare them for investment and increase their chances of becoming successful companies. PROJECTED IMPACT

2020: A Resilient Africa: An annual report of AfriLabs impact

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