3x3x3 SCALE UP RESIDENCY LAUNCHES IN COLLABORATION WITH STANBIC BANK BOTSWANA TO SPOTLIGHT DIGITAL SOFTWARE STARTUPS
Some highlights on to the bigger picture as endorsed supported by the stanbic bank Botswana leadership at the highest leve of CEO in collaboration with our startup program;
- The tech start-up ecosystem in Botswana is nascent and emerging.
2. The (IDEs) innovation driven enterprises and (SAAS-Software-as-a-Service and digital technology-enabled businesses) facilitated with corporate venture capital funding could unlock pillars for entrepreneurship development and address the unemployment challenge in Botswana.
3.It is very important that there be a platform in Botswana to guide the various sources of finance available to entrepreneurs: Beyond basic bootstrapping, there should be corporate ventures, angel investors, crowdfunding platforms, accelerators, VCs, banks, public grants, co-investment funds, business plan competitions, technology transfer offices, family offices, private equity investors and stock exchanges in Botswana.
4. The program is built on a framework to strengthen the ecosystem framework for digital startups and seed stage ventures as a way of addressing the mentoring and investment gap identified as part of accelerating the development of digital products and startups ecosystem in Botswana
5. The 3x3x3 Scale Up Residency © by NGWANA AFRICA has clear outputs ;
a. Stimulating a range of support mechanisms for early-stage entrepreneurs, including incubators, angel investor networks, training programs and corporate accelerator programs.
b. Innovation Showcase that addresses AgriTech, FinTech, CleanTech and EdTech.
c. Corporate Venture Capital & Angel Investor Networks fast execution framework in writing cheques to startups
d. Success stories for startups as a measure of performance of ventures, value investing, scalability and follow-on investment gap
Welcoming all
Stanbic Bank Botswana NGWANA AFRICA Global Entrepreneurship Network
Buke Cuhadar
Samuel Addae Minta
#entrepreneurs #startups #crowdfunding #venturecapital #valueinvesting #business #innovation #finance #technology #investment
