Entrepreneur support has become an industry in Africa. The number of organizations dedicated to helping entrepreneurs scale has doubled in the past few years. But deal flow remains stubbornly low, especially at the early stage.
This report compiles lessons, case studies and trends gathered from our pioneering VilCap Communities Africa program and interviews with more than 300 stakeholders in our network.
The first section, Takeaways, is a playbook of best practices for ESOs, grantmakers and startup investors. The second section, Ecosystem Overviews, consists of high-level snapshots of the landscape today, and several in-depth case studies of ESOs.
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. Continue reading “Startup Genome, GEN Launch 2019 Global Startup Ecosystem Report”
Innovations axis is an impact focused Incubator and Accelerator combined with a Co-Working space and Networking Hub, Innovations Axis’ mission is to enable and empower entrepreneurs to solve problems with potential for disruption, impact and scale.
Innovations Axis has a team of experienced, accomplished, with proven track record individuals, partners that understand startups, early stage, and middle stage growth. Our founders, service providers and mentoring partners have extensive local and international networks and experience in diverse industries including ICT, agribusiness, sales and distribution, enterprise, innovation leadership and management, mobile payments, social entrepreneurship, healthcare, internet-based services, fisheries, telecommunications and multimedia, We have worked in small, medium and large organizations and have started more than one business – and can look back at at least one failure. Continue reading “Innovations Axis”
Here’s how Heussaff survived his failures to become a successful digital entrepreneur.
Erwan Heussaff was only 22 years old when he decided to quit his job overseas and return to the Philippines to put up his restaurant business.
Born to a French father and a Filipina mother, Heussaff opened his cocktail bar in 2013, which was the first of its kind in the country in Bonifacio Global City.
The business was so successful that Heussaff started getting offers to open more restaurant outlets. Seeing the potential growth in the mid-income market, he thought that he should focus on high-end, boutique restaurant concepts.
Soon after the success of his first restaurant, Heussaff, who graduated in France with an international business degree in hospitality, started developing new concepts and expanded to as many as eight restaurants.
WHAT IS THE CASA INITIATIVE?
IFC’s CASA Initiative, launched in 2008, is helping design and implement integrated strategies specially targeted to support economic recovery in conflict-affected countries. The Initiative is supported by Ireland, the Netherlands, and Norway, while Denmark and Sweden provide additional support in South Sudan and Liberia respectively.
The CASA Initiative focuses on:
• Improving the business environment
through regulatory reform
Global Entrepreneurship Week (“GEW” or “the Week”) is a large-scale campaign that is the world’s largest celebration of the innovators and job creators, who launch startups that bring ideas to life, drive economic growth and expand human welfare.
It occurs each November in more than 160 countries through roughly 25,000 events and 9 million participants – celebrating entrepreneurs, supporting entrepreneurial activity and fostering a greater understanding of the importance of entrepreneurship to innovation and economic growth.
GEW inspires people everywhere through local, national and global activities designed to help them take the next step in their entrepreneurial journey. These activities, from large-scale competitions and events to intimate networking gatherings, connect participants to potential collaborators, mentors and even investors—introducing them to new possibilities and exciting opportunities. Continue reading “GEW Sierra Leone 2018”