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Entrepreneur Stories

Diaspora Pitch Winners: Meet Abelneh Teka from Ethiopia

What does your dream business in Ethiopia look like?

Many business process (e.g. construction management) in Ethiopia still uses manual, error prone and outdated practices. We, at Next System Solutions, aim at providing custom tailored and home made solutions to improve and automate these outdated business processes.

What are the assessed needs for your business

We need to hire sales personnel for promoting our MVP, and one extra web developer for adding features to our MVP. Office establishment and other operational costs are also among the reasons contributing for the needed of additional funding of 30,000 euros.

What impact does your business make (to local communities/creating employment/environment/economic development?

The key benefit for the local community is the creations of more sustainable cities through housing security. Are are also transferring practical and state-of-the art software development practices to young Ethiopian IT graduates ultimately creating employment opportunities for the youth.

How does your business benefit the country of implementation Ethiopia?

Construction in Ethiopia is marred with delays and cost overruns. By providing a better management platform, we will alleviate these delays and cost overruns, which will assist in tackling the infrastructure and housing problems of Ethiopia.

How does your business benefit the Netherlands?

Beside developing solutions for Ethiopian businesses, One of our other ambitions is to be a cheaper alternatives for western companies looking for outsourcing their IT projects. We expect high tech Dutch companies as our first potential beneficiaries.

How did the startup boot-camp help you?

The founders of the startup are technical professionals with limited business knowledge. The entrepreneurship training has helped us in grasping basic ideas about business models and other aspects of establishing and running a start-ups.

If you would like to support Abelneh please send us an email at info@zidicircle.com

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Diaspora Entrepreneur Stories: Meet Richard Dickens Agbenyo from Ghana

What does your dream business in Ethiopia/Ghana look like?

I see myself running the most efficient , mechanized self sustaining commercial farm in Ghana, with products that Ghanaian’s can be proud of as their very own, and with responsibility towards the environment and sharing that knowledge with the youth creating a win win for all, qua consumer responsibility and the environment. There is a need for food security and as a businessman and farmer it’s my passion to contribute to the agricultural sector.

What are the assessed needs for setting up your business? (I.e.Partners, co-founders, tools/assets, funding)

we have already acquired 52 acres of arable land. Now we need hard assets –  and funding , so namely equipment/machinery, and the working capital.

What impact does your business make (to local communities/creating employment/environment/economic development?

My business would address unemployment issues in the community, as well train/empower the youth within the community to become more responsible towards the environment through workshops and obvious improve the economic standing of the socioeconomic development.

How does your business benefit the country of implementation Ghana?

Overall based on the large scale in which l wish to farm and  develop my business to, it would save the national economy a lot on foreign exchange example high importation tax and levies  which currently takes away from areas like health care and education

How does your business benefit the Netherlands?

The Netherlands would benefit from fresh delivery of vegetables as that area would be the second phase of my Farming project. I would foster business relationship with the supermarket here in the Netherlands to which products I can supply them with. This is actually my main goal next to helping the local community.

How is this startup boot camp helping you?

I’m networking greatly with potential entrepreneur who can be partners . It has impacted my life in getting a helicopter view of my business.

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