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Proud Day

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Today is a very proud day for Innovation SL and Innovations Axis. When we started this journey, it was about one thing-creating systemic change in… Read More »Proud Day

Building the next generation of entrepreneurs

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Building the next generation of  entrepreneurs – high growth (scalable) and value creating – in Sierra Leone is not a walk in the park; it is not just about incubating start-ups and or accelerating scale ups. It is about cultivating shared values; about connecting ecosystem actors, and about taking a long view.

The current cohort of 12 start-ups, have been with us from 6 months to 12 months. We have followed the Start-ups commons framework, and all but save 2 are well into the developing an MVP. We have created our own customised MVP development template that focuses on validation—validating the product/service, the target segment/customer. Building the framework for validation, our cohorts are developing User Personas and Empathy maps. These user personas are realistic as possible…with names such as Aminata and Sorie…or Mr. Davies. Our cohorts have developed group personas and single user personas so that the MVP captures the basic needs and goals of a single user or a defined group. Much of the “needs and goals” were already developed by our cohorts through their value proposition canvass (as part of defining the value proposition for the BMC). In the value proposition canvass they looked at the customer jobs, pain, gains etc…Read More »Building the next generation of entrepreneurs

PRELIMINARY REPORT 2019 AND OUTLOOK FOR 2020– INNOVATION SL

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Innovation SL Ltd is an Entrepreneur Support Organisation (ESO) established in March 2017. The founder is a Sierra Leonean born Norwegian with 20 years in Entrepreneurship ecosystem development. One of the primary motivations in establishing Innovation SL was to deviate from the standard approach to nurturing innovators in Sierra Leone- through innovation competitions and award ceremonies that focus on the top 3 winners out of 50 submissions. It was also the usual practice for cash prizes to be handed over to the winners with no proper or adequate follow up.Read More »PRELIMINARY REPORT 2019 AND OUTLOOK FOR 2020– INNOVATION SL

Startup Genome, GEN Launch 2019 Global Startup Ecosystem Report

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SAN FRANCISCO, Calif. — May 9, 2019 — Startup Genome’s highly anticipated 2019 Global Startup Ecosystem Report (GSER) has launched today at The Next Web Conference. The report (#GSER2019), from Startup Genome and the Global Entrepreneurship Network (GEN), is the world’s most comprehensive and widely-read research on startup ecosystems, and offers the very first global ranking of Life Sciences ecosystems, in partnership with Hello Tomorrow. Its findings are based on data from thousands of startup founders and research on over a million companies.

An ongoing effort since 2012, the GSER is the product of a global alliance of over 300 partner organizations working together to understand success factors for startups, scaleups, and startup ecosystems everywhere. 

This year, #GSER2019 looks at trends among startup ecosystems in areas such as funding and talent. It also examines the growth and decline of sub-sectors, both globally and in individual ecosystems. One key finding shows that Deep Tech startups — those relying heavily on intellectual property — are the fastest-growing group globally. The four fastest-growing Startup Sub-Sectors are Advanced Manufacturing & Robotics, Blockchain, Agtech & New Food, and Artificial Intelligence (AI). By contrast, Startup Sub-Sectors showing decline are Edtech, Digital Media, Gaming, and Adtech.Read More »Startup Genome, GEN Launch 2019 Global Startup Ecosystem Report