AfriLabs Capacity Building Needs Assessment

R E C O M M E N D A T I O N S F O R E N T R E P R E N E U R S

• Create an Open Startup Database: Partner with ESOs to create or leverage on an open database of both early stage and growth stage start-ups across Africa to enable investors to have access to promising ventures they can invest in. This will give investors across the world an opportunity to access start-ups, connect with them directly and possibly invest in the startup that meets their investment criteria. Taking sights from emerging practices, we noticed that Briter Bridges has launched Briter Intelligence Platform, where entrepreneurs can upload their companies to a larger global map of startups. Initiatives like this are important to expose invest- ment ready startups to potential investors from across the world. • Entrepreneurs Venture Clinics: Regional Venture Clinics will help entrepreneurs learn from successful ventures through physical workshops and access to top level business strategy mentorships from sector experts. The event will bring successful entrepreneurs and early stage entrepreneurs together, to network, learn from experienced entrepreneurs and build mentorship relationships to support early stage entrepreneurs. Female founder representation in Africa’s innovation ecosystem is still below 45%, and one of the ways to boost female engagement in business could be facilitating venture clinics where women can have access to mentorship by other successful entrepreneurs.

40

N E E D S A S S E S S M E N T R E P O R T

Trends and insights from ESOs, entrepreneurs, and investors

Made with FlippingBook Ebook Creator