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Zidicircle launches the Diaspora Entrepreneurship Bootcamp in Germany

We are thrilled to announce that Zidicirclean Amsterdam based diaspora incubator has partnered with Deutsch Connect and AG Career Hub -both German-based, to launch the diaspora entrepreneurship Bootcamp and incubation programme in Germany.

Started in Amsterdam about 5 years ago, Zidicircle launched the diaspora entrepreneurship Bootcamp, a semi-annual diaspora training and incubation programme aimed at supporting migrants, diaspora and under-represented founders with resources to enable them to launch businesses in the Netherlands or in their Country of Origin. The programme has so far trained over 324 diaspora entrepreneurs into launching businesses in their countries of residence, internationally or in their African countries of origin. The programme has in the past years grown beyond the Netherlands to become one of the most sort after entrepreneurship programme by the diaspora globally. The Germany chapter now joins the other chapters in The Netherlands, Kenya, & Ghana.

“More often than not, diaspora and migrants are in between two worlds. This is a great place to be, but if not natured and supported it can be a lost opportunity. Zidicircle strives to capitalize on the diaspora know-how, mobility and talent in an inclusive entrepreneurship landscape that brings better economic outcomes both in the hosts and countries of origin. This partnership and entry to Germany spells this spirit, and we are very grateful to our partners”, says Fridah Ntarangwi, Zidicircle’s Founding and Managing Partner.

This Chapter is aimed at enabling the German diaspora entrepreneurs to have an entrepreneurship programme specifically designed to cater for the diaspora and migrant entrepreneurs needs. It is very common for starting entrepreneurs to get stranded, more so if they face other challenges as migrants, therefore, this programme provides training, mentorship, access to funding and markets. Participants get access to a diverse pool of entrepreneurs spread out globally and the benefits of collaborating with African small and medium enterprises through our match-making programme who offer a wealth of experience across sectors either as business partners, team members or markets entry focal points.

Kumbirai Chipadza, Founder and CEO of Deutsch Connect notes, “With the knowledge, skills, networks and experience gained in different parts of the world it is extremely important for Diaspora to play a more active role towards Africa,s success. We are the 6th region in Africa.” Continues Kumbirai.

We are also bringing the Diaspora Venture Backers programme on board so that aspiring diaspora investors in Germany can acquire the skills to enable them to invest in other diaspora startups and Africa’s SME’s thus making community capital accessible.

“With the skills acquired by African professionals abroad, there is a need to establish business ventures abroad and back in the countries of origin. Let us establish those business ventures, connect with the global markets and offer sustainable solutions,” Says Caroline Mwangi, CEO & Co-Founder of AG-Career Hub

This partnership is founded on a common goal to support early-stage diaspora startups in Germany and beyond. Participants who join the DEB 6 Months Incubation Programme access a blended package of 10 modules of business training, 4 months mentorship by experienced industry professionals, monthly group coaching sessions, fast-tracked fundraising, a chance to be matched with diaspora entrepreneurs/investors and exposure to a rich commercial network. They also get a Demo day, where they pitch to both national, diaspora and international potential partners, investors and clients.

A soft virtual launch is scheduled for August 13th, 2021, at 16:00CET and all questions about the September intake will be answered during the session. You can register to attend  here

About Deutsch Connect

Deutsch Connect is a German-based Afrocentric startup that links Africa and German businesses and people through B2B Matchmaking, Market Linkages, Talent Acquisition and Investment.

About AG-Career Hub

AG-Career Hub is an information and consulting platform that links professionals to career and business opportunities in Germany and in Africa with the goal of connecting them with companies, organizations & universities.

About Zidicircle

Zidicircle promotes inclusive entrepreneurship and financing for the diaspora entrepreneurs & SME’s in Africa through business training, mentorship, funding, match-making and venture partnerships for both diaspora entrepreneurs or investors & in-country programmes in Africa. Zidi has been recognized by the European Union’s Emen Project as one of the best migrant-led initiatives that promote inclusive entrepreneurship (2020) and Nominated by the European Women Payments & Fintech as Initiative of the Year (2018). Zidicircle has offices in Amsterdam representing the EU HUB, Nairobi representing the East African Hub and Accra serving the West African Hub

To enrol for Zidicircle’s Diaspora Entrepreneurship Bootcamp – Germany Chapter, simply read more and sign up here

Forward any comments or correspondence to Info@zidicircle.com

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Meet Aggrey Anduuru; Building Future work places

In one of our entrepreneur’s stories, we feature one of our spring cohorts, Aggrey Anduuru, the proprietor and CEO of Essential People.

We asked Aggrey a series of questions, whose answers we hope you, our Zidicircle community, will find enlightening, insightful, inspiring and motivating

Q: What is the name of your venture?

A: Essential People… trading as Essential Business Advisory Services Limited

Q: What does Essential People do?

A: We are a people business. We are into recruitment, selection, placement, compensation, learning and development services. Following the change in the workplace following COVID 19, we strive to build workplaces of the future… that value human capital as an asset and not as a liability

Q: What is the history of your business?

A: I have been in the family business for close to 30 years, but formally got involved in HR in 2008, following my graduation from USIU. In 2014, my mum and company CEO passed on following a long-term illness. I took over the leadership of the family business in October of that year. In 2020, in response to new challenges and opportunities in human development such as Digitalization, Biometrics, AI, Cloud computing…remote working: I took a look at the position of the business in this changing world and realized if we don’t pivot then in 5 years we would have lost our position in the market to agile competitors. We conceived Essential People to reflect a new focus on people-process engineering as opposed to just hiring to fire when the fit isn’t right…

Q: How did the idea for Essential People come about?

A: Essential People…is a tribute to the legacy of my mum. The family business is called Essential Management Consultancy Services Limited, but that is a mouthful and I wanted something that was easier to say…so Essential People was born. We also desired to repurpose ourselves, especially after COVID 19 broke out. New challenges arose such as Safety and Health at work, supply of manpower during the pandemic, and working from home. All these created a different business environment from that which we operated 20 years ago…and with that the realization that change was here

Q: What would be your 3 key pieces of advice from your journey to fellow entrepreneurs?

A:     

1) Never walk alone…and I don’t just say that because I’m a Liverpool fan ?

2) Seek advice and seek partnerships that will grow you and test you. Secondly don’t be afraid…

3) Thirdly be humble enough to say sorry when you mess up

Q: What triggered you to take part in the bootcamp?

A: I wanted to start afresh…and was looking for energy and ideas from the start up space. I also really want to work with Bhub to build a killer cloud based HRNIS system

Q: What have you learnt so far from the program and how have you applied the lessons learnt?

A: Pain points. I learned to listen to customer and client pain about my service delivery and it was humbling. Two clients; I’ve already written letters of apology for performance that was below expectation, and devised action plans to correct behaviour

Q: Where do you see your business in 3 years’ time? And what will it take for you to get there?

A: I want to build a business that provides solutions to human capital challenges such as recruitment and selection of talent that is the right fit, performance management systems that bring out the best of the employer-employee collaboration, learning and development opportunities that will empower all employees regardless of rank or position.

I want Essential People as a PEO that can be counted on to maximize the full potential of everyone… To get there we need assistance in putting in place systems and processes. We also need mentorship and partnerships more so to assist in the move to ultimately attain International Certification

Q: Would you recommend the program to other entrepreneurs?

A: Yes

Q: Do you have any advice for other starting entrepreneurs?

A: Don’t be afraid to explore new opportunities and relationships.

Q: How can interested parties find you? A: Our website is www.ebas.co.ke  Our physical address is Jogoo Rd Plaza, 2nd floor, Door 09.

Email:aanduuru@gmail.com

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Monday Mindset :

Kofi Annan's Quote

How these Successful African Entrepreneurs Raised Capital for Their Businesses?

“I don’t have the capital.”

“Nobody wants to give me capital.”

“The banks have turned me down five times.”

These are some of the most common reasons people give for not starting or growing their businesses.

Access to capital is arguably the biggest threat to entrepreneurs around the world. And every year, thousands of passionate people – especially in Africa – give up on their business ideas, projects, and dreams just because they can’t find capital.

Continue reading here: – https://www.smallstarter.com/get-inspired/10-super-success-african-entrepreneurs-and-how-they-raised-money-to-start-their-businesses/

Credits: – Small Starter www.smallstarter.com

This week’s theme: – THE RISKS AND REWARDS OF INVESTING IN STARTUPS

What are the risks and rewards of investing in startups?

KEY TAKEAWAYS

  • Startup companies are in the idea phase and do not yet have a working product, customer base, or revenue stream.
  • Around 90% of startup companies funded will not make it to initial public offering (IPO).
  • Investing in startup companies is a very risky business, but it can be very rewarding if the investments do pay off.

Feature Article: –

https://www.investopedia.com/articles/personal-finance/041315/risk-and-rewards-investing-startups.asp

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Meet Caitlin Seandel, The Founder of Kuungana Technology

Today, we feature one of Zidicircle’s entrepreneurs, Caitlin Seandel, the proprietor and CEO of Kuungana Technology.

We asked Caitlin a series of questions, whose answers we hope you, our Zidicircle community, will find enlightening, insightful, inspiring and motivating.

Q: What is the name of your business?

Kuungana Technology.

Q: What does your venture do?

We help micro-businesses operating in the informal sector in East Africa grow while uniting a fragmented financial sector. We do this through our value-added and scalable technology.

Q: What is the history of your business?

It starts with my background. I have work experience in teaching English abroad in Phnom Penh, tech sales experience for a start-up in San Francisco, and worked as a program manager for a CBO microlender in rural Eastern Uganda. It was there that the idea for Kuungana took hold.

Q: How did the idea for Kuungana Technology come about?

Kuungana is Swahili for unity, which is exactly what we do; unite business owners with their business’s earning potential and through doing this we will be able to unite a fragmented financial sector.

Q: What would be your 3 key pieces of advice from your journey to fellow entrepreneurs?

1) Don’t doubt your vision.

2) When speaking with potential partners/investors/customers and they question you, don’t take it personally. Understand that this is a perfect time to learn. If there are misunderstandings in what you are trying to accomplish chances are you are not presenting your vision and process clearly.

3) Joy, fun + self-care are important. There are great times of uncertainty make sure that through everything you are taking care of yourself and finding joy even in the stress.

Q: What triggered you to take part in the Zidicircle Bootcamp?

The mentorship really intrigued me as well as having the opportunity to interact with other entrepreneurs.

Q: What have you learnt so far from the program and how have you applied the lessons learnt? Give examples.

Understanding how to identify early tech adopters and your angel users. This has helped Kuungana really hone in on who our ideal user is helping out with our sales strategy and product development.

Kungaana’s past training session

Q: What‘s your highest business need at the moment

I am in need of an experienced banking industry professional in Kenya and East Africa. We are also shopping for a good mobile app developer

Q: Would you recommend the program to other entrepreneurs? Why?

If you are feeling stuck or having questions about what your technology should look like/do this is a great program for you!

It will help bring clarity to your companies’ vision and mission as well as what is needed from your service to make that happen!

Q: Do you have any advice for other starting entrepreneurs?

If you are excited about your vision and believe, just keep going. Even if you have to take a break, get back to it.

Q: How can interested parties find you?

Email: caitlinseandel@kuunganatech.com

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Digitalizing African creatives: Meet Caroline Kamya

Today, we feature one of Zidicircle’s Spring 2021 entrepreneurs, Caroline Kamya, the proprietor and CEO of I AM NATIV.

I AM NATIV ( NATIV for short) is a platform and organization that focuses on unleashing the talent of African creatives with the use of SaaS via the global internet. They are connecting buyers from all over the world with top-end media crew and related professionals in Africa. NATIV is a freelance service platform curating a network and marketplace for professional African media crew and associated creatives. With Africa in mind, NATIV is a place where creatives sell their services and content to buyers in an environment that is: Safe, secure and mobile-ready. NATIV is located in Kampala, Uganda & Amsterdam, The Netherlands.

We asked Caroline Kamya a series of questions, whose answers we hope you, our Zidicircle community, will find enlightening, insightful, inspiring and motivating.

Q: What is the name of your business?

I AM NATIV

Q: What does your venture do?

IAM NATIV brings talented media creatives (such as crew members) and buyers of services together on one platform to buy and sell freelance audio and visual services from Africa.

As I have worked on both sides as a seller and buyer of media services for the production of media content such as documentaries and TV commercials, I have a wealth of knowledge and awareness of some of the opportunity and pain points that are involved in this market.

Customers who want to sell their services globally will find great benefit in signing up and subscribing to the platform and buyers who are searching for a reliable space to access services and content from media crew in Africa will find it in one location and be able to pay them directly.

There is a huge need for African creative services and products such as film, tv, documentaries and promos filmed on the African continent for domestic and foreign markets. With mobile money becoming the preferred banking method, we overcome this barrier by making it fast and efficient to work with and pay for these services on one space.

What we are selling are freelancers services and content from media crew working and residing in Africa to a local and global market.

Q: What is the history of your business?

I am an award-winning filmmaker. I have run and owned a production company since 2004 which is based in Europe, with an office in Africa.

Having been trained at the BBC and HBO, I have over 17 years of work experience in making tonnes of content, e.g. promos, commercials etc. I have done this for brands, ad agencies, NGO’s and so on, in Africa and Europe. Some of these companies include drinks companies, telecoms, airlines as well as making the first feature by a Ugandan woman that helped to open some doors to the burgeoning industry.

Q: How did the idea for I AM NATIV come about?

I AM NATIV came about due to timing, my work in Europe and Africa, trying to find crew to work on Projects fast, and being proud to be a “native” of Africa.

As I worked in Europe focusing on content in Africa, I noticed that my business formula could be duplicated to scale to unleash the talent in Africa and use fintech to make this streamlined.

Q: What would be your 3 key pieces of advice from your journey to fellow entrepreneurs?

  1. Keep positive, any idea has its ups and downs
  2. Keep distilling your vision -the more you work on it the tighter it is before you build it
  3. Take on constructive critiques, listen more than speak to your target group

Q: What triggered you to take part in the Zidicircle Bootcamp?

The Bootcamp has a focus on Africa and Africa diaspora and my project focuses on African talent, the mentors have a strong track record and background so I can access advice. Opportunities for funding is also attractive to me as a startup.

Q: What have you learnt so far from the program and how have you applied the lessons learnt? Give examples.

So far, all areas have been very useful from concept – to pricing. Using Miro as a virtual board has been quite helpful as well as interactive aspects to the session sharing with other entrepreneurs.

Q: Where do you see I AM NATIV in 3 years’ time? And what will it take for you to get there?

In 3 years, my business will be a global go-to platform for African creatives. At least 1 million creatives in Africa will be using the platform to earn and collaborate successfully and over 6 million sales from customers buying their services and content. I see it as the GO TO PLATFORM for media companies who want virtual services from top-end crew from Africa.

Q: What’s the greatest need for your business at this moment?

At the moment we have a funding need of $250, 000 that will help in Operations, Marketing & Advertising, Pre- Onboarding Training of creatives Scaling, Maintenance, Customer & Client acquisition, Regional Scaling, Continuous R&D and App development.  We have been very lucky to have 3 early-stage investors on board already.

I am also looking for a mentor.

Q: Would you recommend the program to other entrepreneurs? Why?

Yes, I do recommend it. It has good facilitators and experts with a strong background, it is also interactive.

Q: Do you have any advice for other starting entrepreneurs?

My advice for other starting entrepreneurs: Do it if it’s your passion and you will do it even when the journey gets hard, get advice and mentorship.

Q: How can interested parties find you?

Email me – caroline@ceekayfilms.com  / caroline@iamnativ.com / caroline.kamya@gmail.com  

For any other correspondence about our programmes email contact@zidicircle.com

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