Five Tips to Make Better Financial Decisions

Five Tips to Make Better Financial Decisions

Business owners generally need to purchase assets or inventory or make other purchases to help their businesses grow. But resources are often scarce, so it is important, therefore, to ensure you’re making the best financial decisions you can.

If you manage resources appropriately, you will be able to better accomplish your goals and improve your company’s overall performance. Here are five tips to make better financial decisions.

  1. Pause: Before making a purchase for your business, the first thing you should do is pause and think about what your goals are for your business. Will the item you are purchasing support those goals or deter from them? Don’t pressure yourself or let other people pressure you.
  2. Ask: Ask questions about the costs and risks associated with a purchase. Keep asking more questions until you understand what you’re paying for and what you are receiving. Don’t be shy about asking many questions. Here are some ideas: What will happen if it doesn’t work out? Can I stop the transaction and get my money back? Are there fees, taxes, penalties, or other charges? What exactly am I receiving in return for the amount I am paying? What warranty or guarantee does this come with?
  3. Compare: Compare prices to make sure you are paying a fair price. Keep an eye out for anything that seems too good to be true. Ensure that the people and businesses with whom you are working are properly registered.
  4. Estimate: Estimate the costs associated with your purchase and make sure you are getting value for your money. You can find online tools and calculators to compare financial products or services. Compare the total cost, including fees and chargers, to the value you are receiving.
  5. Decide: If you thought about how a purchase will contribute toward your goals, asked all your questions, compared prices, and estimated your total costs, make a decision whether to move forward with the transaction or not. Write down all of the above and look at it objectively to help you decide.

We hope that by applying this method, you will be able to make better financial decisions to support your business.

 

 

 

 

 

 

 

 

 

 

 

Inama eshanu zifasha umucuruzi gufata ibyemezo byiza byo mu rwego rw’imari 

Kenshi na kenshi, abacuruzi bakenera kugura imitungo cyangwa ibicuruzwa bijya mu bubiko cyangwa bakagura ibindi bintu bagamije guteza imbere ubucuruzi bwabo. Ariko, kenshi na kenshi amikoro aba ari macye, kubera iyo mpamvu, ni ngombwa gufata ibyemezo byo mu rwego rw’imari byiza kurusha ibindi byose bishoboka.

Nimucunga amikoro yanyu uko bikwiye, muzabasha kugera ku ntego zanyu neza kandi mubashe  kunoza imikorere y’ikigo cy’ubucuruzi cyanyu muri rusange. Dore inama eshanu zabafasha gufata ibyemezo bitanu byo mu rwego rw’imari.

  • Ruhuka: Mbere yo kugira ibintu ugurira ikigo cy’ubucuruzi cyawe, ikintu cya mbere ugomba gukora ni ukuruhuka noneho ugatekereza ku ntego ufitiye ikigo cy’ubucuruzi cyawe. Ese igicuruzwa ugurira ikigo cyawe gishyigikira izo ntego cyangwa gihabanye nazo? Wikwishyiraho igitutu cyangwa ngo abandi bakigushyireho.
  • Baza: Baza ibibazo bijyanye n’ibiguzi n’ingorane zijyana n’ibyo ugomba kugura. Komeza ubaze ibindi bibazo kugeza igihe wumviye icyo wishyurira n’icyo uhawe. Wigira isoni zo kubaza ibibazo byinshi. Dore bimwe mu bitekerezo by’ingirakamaro: Bizagenda gute nibidakora? Ese nshobora guhagarika kugura iki gicuruzwa ngasubizwa amafaranga? Ese hari amafaranga y’igihembo, imisoro, ibihano, cyangwa andi mafaranga ajyanye n’icyo gicuruzwa? Mu by’ukuri ni iki mpawe kubera amafaranga nishyuye? Iki gicuruzwa gifite iyihe garanti?
  • Gereranya: Gereranya ibiciro maze urebe niba uri kwishyura igicuruzwa ku giciro gikwiye. Itegereze cyane maze urebe niba atari ikintu kigaragara nk’aho ari cyiza kurusha uko kiri mu by’ukuri. Genzura niba abantu cyangwa ibigo by’ubucuruzi mukorana byanditswe mu buryo bwemewe.
  • Cishiriza : Cishiriza ikiguzi cy’ibyo ushaka kugura noneho urebe niba kijyanye n’amafaranga usabwa kwishyura. Ushobora kubona kuri interineti ibikoresho n’ibyo ushobora kwifashisha ubara bikagufasha kugereranya ibicuruzwa cyangwa serivisi zo mu rwego rw’imari. Gereranya ikiguzi cya byose, harimo amafaranga y’ibihembo n’andi yose usabwa kwishyura n’agaciro k’igicuruzwa uhabwa.
  • Fata icyemezo : Niba watekereje ku byerekeranye n’uburyo igicuruzwa runaka cyagira uruhare ku ntego zawe, nyuma yo kubaza ibibazo byawe byose, nyuma yo kugereranya ibiciro, no gucishiriza ku bijyanye n’ikiguzi cyacyo, fata icyemezo niba ugomba gukomeza gukora igikorwa cyo kugura icyo gicuruzwa cyangwa kukireka. Andika ibi byose bimaze kuvugwa noneho ubirebe nk’uko biri koko kugirango ubashe gufata icyemezo.

Twizeye ko nimukoresha ubu buryo, muzabasha gufata ibyemezo byo mu rwego rw’imari birushijeho kuba byiza bizafasha ibikorwa by’ubucuruzi byanyu.


Startups Black Founders

Apply for Google for Startups Black Founders Fund Africa before 31 May 2022 

Startups Black Founders

Apply for Google for Startups Black Founders Fund Africa before 31 May 2022 

Google for Startups invites applicants for the Black Founders Fund Africa, a program that aims to support early-stage black-founded startups that benefit the black community on the African continent. The program seeks explicitly to bridge the existing fundraising gap for black startup founders in Africa’s fast-growing technology landscape. Google for Startups has set aside up to USD 100,000 in equity-free cash, up to USD 200,000 in Google cloud credits, and access to the best of Google – people, products, and practices. Additionally, participants will have the opportunity to receive mentorship support to accelerate business growth and to connect with Google for Startups Accelerator & Partner program alumni. 

The Black Founders Fund Africa is intended for startups in Africa seeking seed-stage funding that meet the following criteria:  

  • Be from the following African countries including Botswana, Cameroun, Cote D’Ivoire, Ethiopia, Ghana, Kenya, Mozambique, Nigeria, Rwanda, South Africa, Tanzania, Uganda, and Zimbabwe 
  • Have an existing product or service for Africa and the global market 
  • Demonstrate the ability to create jobs, raise more funding, and make an impact 
  • The founding team should at least have one black C-level founding member (COO, CEO, or CFO) 
  • The company should be operating as a technology startup or a business where technology is a core for the ability to scale  
  • Proposed startup products/services should be compatible with Google products 

To apply for this program, visit: Applications 


unique selling proposition

Intera enye zo gushyiraho Igitekerezo cyo gucuruza ikintu kimwe

Intera enye zo gushyiraho Igitekerezo cyo gucuruza ikintu kimwe

Igitekerezo cyo gucuruza ikintu kimwe gifatwa kandi nk’ikintu kihariye gishyira ku isonga ubucuruzi bwawe ugereranyije n’abo muba muhigana ku isoko.

Kimwe na benshi muri twe, abaguzi bananirwa gukora amahitamo y’ibyo baba bagomba kugura  noneho bagashaka guhita bareba ikintu gituma igicuruzwa kimwe cyangwa ubwoko bw’ibicuruzwa runaka bitandukana n’ibindi. Gushaka uburyo bwo kuzamura urwego rw’igicuruzwa cyangwa rwa serivisi ku buryo kirushaho kugaragara aho kugirango kivange mu bindi ni ingenzi. Kubera iyo mpamvu, ni ngombwa ko ba rwiyemezamirimo bashaka ingingo yo gucuruza ikintu kimwe ishobora gukoreshwa mu kuyobora ibyemezo bigamije gushyiraho izina ry’igicuruzwa cyangwa serivisi  no kuyamamaza.

Dore intera enye umuntu agomba gukurikiza mu ishyirwaho ry’igitekerezo cyo gucuruza ikintu kimwe gusa ( USP):

  • Kumva isoko ugambiriye: Kuba ufite ikintu kihariye kiranga igicuruzwa cyangwa serivisi yawe  nta gaciro bigira igihe abaguzi bawe bumva kitabareba cyangwa batakishimiye. Ibi bisobanura ko ugomba kumva abaguzi bawe. Ese bakeneye iki?Kubera iki bashaka kugura ibicuruzwa byawe? Ese ni kubera ko bihendutse? Ni ukubera ko bitabatwara umwanya? Cyangwa ni ukubera ko bakugirira icyizere? Baza abaguzi n’inshuti zawe noneho ukore urutonde rw’impamvu zituma bagura ibicuruzwa byawe. Reba impamvu ikunze guhora igaruka kurusha izindi.
  • Sesengura abo muhigana: Kuva umaze kugira urutonde rw’ibyo abaguzi bawe baba bifuza ku bicuruzwa cyangwa serivisi zawe, kora urutonde rw’abo muhigana noneho urebe ibikenewe buzuza. Ibi bizatuma ubasha kumva ibintu byihariye biranga ibicuruzwa byawe kandi bikabitandukanya n’iby’abo muhiganwa.
  • Tangaza USP yawe: Iyo umaze kubona impamvu abaguzi bawe bakunda kugura ibicuruzwa byawe aho kugura iby’abo muhiganwa, utegura ubutumwa butangaza USP yawe. Ubu butumwa bugomba kuba bwumvikana, ari bugufi kandi burasa ku ntego. Ugomba kubasha kubutanga mu buryo bworoshye ku buryo abaguzi bawe babasha kubwumva kandi bakaba babasha kubwibuka. Ugomba kwibaza niba izina ryawe ku isoko n’ikimenyetso cy’ubucuruzi cyawe ( logo) bigaragaza neza inyungu ibicuruzwa/serivisi zawe zitanga.    
  • Kora igerageza kandi usubiremo: Iyo umaze gutegura imvugo ukoresha utangaza USP yawe, usaba abaguzi bawe kuvuga icyo bayitekerezaho. Ibi biganiro bigufasha gufata icyemezo ku byerekeranye n’uburyo bwiza bwo kwamamaza ubucuruzi bwawe.

Igitekerezo cyawe cyo gucuruza ikintu kimwe ntikigomba guhinduka hato na hato. Ahubwo, ni ngombwa guhora gihuzwa n’igihe. Impinduka izo ari zo zose zibaho ku byerekeranye n’imiterere y’isoko  cyangwa abo muhiganwa nabo  zishobora kugira impinduka kuri USP yawe. Kubera iyo mpamvu, ugomba guhora witegereza ibigenda biba ku isoko noneho ugakora impinduka zikwiye.

Four Steps to Defining Your Unique Selling Proposition

A unique selling proposition, also known as a USP, is a specific thing that gives your business an edge over the competition.

Like many of us, customers are overwhelmed by choice, and they want to quickly figure out what makes one product or brand different from the rest. Finding out how to position your product or service so that it stands out rather than simply blends in is key. So, it’s crucial for entrepreneurs to identify a unique selling point that can be used to guide your branding and marketing decisions.

Here are four steps to keep in mind when defining your USP:

  1. Understand your target market: Having a unique feature has no value if your customers are not concerned about or interested in it. This means that you need to understand your customers. What do they need? Why do they buy your products? Is it because it is cheaper, saves them time, or because they trust you? Interview clients, and friends and make a list of the reasons they buy your products. Identify what comes up most frequently.
  2. Analyze your competition: Now that you have a list of what benefits your products or service brings to your clients, make a list of your competitors and identify the needs they are meeting. This will help you understand what characteristic distinguishes your products from those of your competition.
  3. Communicate your USP: c, come up with a message that communicates your USP. This message needs to be clear, concise, and straightforward. Make sure you can communicate it easily, that your customers can understand it, and that it is easy to remember. Ask yourself if your reputation in the market and your branding (logo) clearly demonstrate the benefit you are providing.
  4. Test and revise: Once you develop language to communicate your USP, talk to customers to get their thoughts. These interviews should help you decide on the best way to market your business.

Your unique selling proposition shouldn’t change too often, but it’s essential to keep it up to date. Any changes in trends or competitors could affect your USP, so keep an eye on what is happening in the market and adjust accordingly.

 

 

 

 

 

 

 

 

 

 

 

 


BeChangeMaker programme

Are you a social entrepreneur with a vision to solve global challenges? Apply for the BeChangeMaker programme

BeChangeMaker programme

Are you a social entrepreneur with a vision to solve global challenges? Apply for the BeChangeMaker programme before 6 June 2022

WorldSkills, an international training organization, invites applicants for the BeChangeMaker online training programme. Through the programme, participants are trained to take action on global challenges through social entrepreneurship and the power of skills development.

Successful applicants will access high-quality learning content on HP LIFE, an online learning platform for entrepreneurs, innovators, and small business owners. Additionally, participants will gain access to tools and technology for start-up acceleration, dedicated coaching and mentoring, and an opportunity to network with WorldSkills’ diverse global network of potential supporters and investors.

Interested applicants will go through three steps to complete an application:

  • Form a team of 2-5 people between the ages of 18 and 35 years who share a vision.
  • Introduce the team and share your social challenge in a one-minute video. Upload the video on Youtube as unlisted – this is to be included in your online application.
  • Submit your application. The team leader will submit the application on behalf of the team.

To submit your application for the programme, visit: BeChangeMaker Application


unique selling proposition

Four Steps to Defining Your Unique Selling Proposition

Four Steps to Defining Your Unique Selling Proposition

A unique selling proposition, also known as a USP, is a specific thing that gives your business an edge over the competition.

Like many of us, customers are overwhelmed by choice, and they want to quickly figure out what makes one product or brand different from the rest. Finding out how to position your product or service so that it stands out rather than simply blends in is key. So, it’s crucial for entrepreneurs to identify a unique selling point that can be used to guide your branding and marketing decisions.

Here are four steps to keep in mind when defining your USP:

  1. Understand your target market: Having a unique feature has no value if your customers are not concerned about or interested in it. This means that you need to understand your customers. What do they need? Why do they buy your products? Is it because it is cheaper, saves them time, or because they trust you? Interview clients, and friends and make a list of the reasons they buy your products. Identify what comes up most frequently.
  2. Analyze your competition: Now that you have a list of what benefits your products or service brings to your clients, make a list of your competitors and identify the needs they are meeting. This will help you understand what characteristic distinguishes your products from those of your competition.
  3. Communicate your USP: c, come up with a message that communicates your USP. This message needs to be clear, concise, and straightforward. Make sure you can communicate it easily, that your customers can understand it, and that it is easy to remember. Ask yourself if your reputation in the market and your branding (logo) clearly demonstrate the benefit you are providing.
  4. Test and revise: Once you develop language to communicate your USP, talk to customers to get their thoughts. These interviews should help you decide on the best way to market your business.

Your unique selling proposition shouldn’t change too often, but it’s essential to keep it up to date. Any changes in trends or competitors could affect your USP, so keep an eye on what is happening in the market and adjust accordingly.

 

 

 

 

 

 

 

 

 

 

 

 

 

Intera enye zo gushyiraho Igitekerezo cyo gucuruza ikintu kimwe

Igitekerezo cyo gucuruza ikintu kimwe gifatwa kandi nk’ikintu kihariye gishyira ku isonga ubucuruzi bwawe ugereranyije n’abo muba muhigana ku isoko.

Kimwe na benshi muri twe, abaguzi bananirwa gukora amahitamo y’ibyo baba bagomba kugura  noneho bagashaka guhita bareba ikintu gituma igicuruzwa kimwe cyangwa ubwoko bw’ibicuruzwa runaka bitandukana n’ibindi. Gushaka uburyo bwo kuzamura urwego rw’igicuruzwa cyangwa rwa serivisi ku buryo kirushaho kugaragara aho kugirango kivange mu bindi ni ingenzi. Kubera iyo mpamvu, ni ngombwa ko ba rwiyemezamirimo bashaka ingingo yo gucuruza ikintu kimwe ishobora gukoreshwa mu kuyobora ibyemezo bigamije gushyiraho izina ry’igicuruzwa cyangwa serivisi  no kuyamamaza.

Dore intera enye umuntu agomba gukurikiza mu ishyirwaho ry’igitekerezo cyo gucuruza ikintu kimwe gusa ( USP):

  • Kumva isoko ugambiriye: Kuba ufite ikintu kihariye kiranga igicuruzwa cyangwa serivisi yawe  nta gaciro bigira igihe abaguzi bawe bumva kitabareba cyangwa batakishimiye. Ibi bisobanura ko ugomba kumva abaguzi bawe. Ese bakeneye iki?Kubera iki bashaka kugura ibicuruzwa byawe? Ese ni kubera ko bihendutse? Ni ukubera ko bitabatwara umwanya? Cyangwa ni ukubera ko bakugirira icyizere? Baza abaguzi n’inshuti zawe noneho ukore urutonde rw’impamvu zituma bagura ibicuruzwa byawe. Reba impamvu ikunze guhora igaruka kurusha izindi.
  • Sesengura abo muhigana: Kuva umaze kugira urutonde rw’ibyo abaguzi bawe baba bifuza ku bicuruzwa cyangwa serivisi zawe, kora urutonde rw’abo muhigana noneho urebe ibikenewe buzuza. Ibi bizatuma ubasha kumva ibintu byihariye biranga ibicuruzwa byawe kandi bikabitandukanya n’iby’abo muhiganwa.
  • Tangaza USP yawe: Iyo umaze kubona impamvu abaguzi bawe bakunda kugura ibicuruzwa byawe aho kugura iby’abo muhiganwa, utegura ubutumwa butangaza USP yawe. Ubu butumwa bugomba kuba bwumvikana, ari bugufi kandi burasa ku ntego. Ugomba kubasha kubutanga mu buryo bworoshye ku buryo abaguzi bawe babasha kubwumva kandi bakaba babasha kubwibuka. Ugomba kwibaza niba izina ryawe ku isoko n’ikimenyetso cy’ubucuruzi cyawe ( logo) bigaragaza neza inyungu ibicuruzwa/serivisi zawe zitanga.    
  • Kora igerageza kandi usubiremo: Iyo umaze gutegura imvugo ukoresha utangaza USP yawe, usaba abaguzi bawe kuvuga icyo bayitekerezaho. Ibi biganiro bigufasha gufata icyemezo ku byerekeranye n’uburyo bwiza bwo kwamamaza ubucuruzi bwawe.

Igitekerezo cyawe cyo gucuruza ikintu kimwe ntikigomba guhinduka hato na hato. Ahubwo, ni ngombwa guhora gihuzwa n’igihe. Impinduka izo ari zo zose zibaho ku byerekeranye n’imiterere y’isoko  cyangwa abo muhiganwa nabo  zishobora kugira impinduka kuri USP yawe. Kubera iyo mpamvu, ugomba guhora witegereza ibigenda biba ku isoko noneho ugakora impinduka zikwiye.


AWIEF Awards

Africa Women Innovation and Entrepreneurship Forum Awards

AWIEF Awards

Do you know a women-led business that has impacted inclusive growth and social development in Africa? Nominate them for Africa Women Innovation and Entrepreneurship Forum Awards before 3 June 2022

Africa Women Innovation and Entrepreneurship Forum, an organization that empowers women entrepreneurs in Africa, invites nominations for the 2022 edition of the AWIEF Awards. The awards celebrate, recognize and honour women entrepreneurs and business owners across Africa for their achievements and contribution to the continent’s inclusive growth and social development.

Winners of the 2022 AWIEF Awards will be announced and celebrated at a special ceremony and gala dinner at the AWIEF2022 conference. The conference will take place on 26 and 27 September 2022, in Cairo, Egypt, with the theme ‘Advancing Africa through Gender Integration.’

The AWIEF Awards cover eight categories with the following criteria:

  • The Young Entrepreneur Award: Nominees must be between 18 and 35 years old and must exemplify leadership in their field and the importance of entrepreneurship to effect positive change. The young entrepreneurs must have achieved tangible and material success (revenue and number of employees can indicate this).
  • Tech Entrepreneur Award: Nominees should be female entrepreneurs who have built an innovative, groundbreaking, and game-changing technology venture or start-up.
  • Agri Entrepreneur Award: Nominees should be female entrepreneurs who have successfully started an agri-enterprise and have an innovative product or service in the Agriculture value chain with evidence of impact in their communities.
  • Creative Industry Award: Nominees should be female entrepreneurs who reflect outstanding success in the creative industry, including music, performing arts, film, television and radio, software and interactive content such as virtual reality and augmented reality, media writing, publishing, and print media, design and visual art.
  • Empowerment Award: Nominees should be women who have contributed significantly and invested in inspiring, mentoring, and empowering women and girls, thereby significantly impacting the communities in which they operate and society at large.
  • Energy Entrepreneur Award: Nominees should be female entrepreneurs in the oil & gas and green energy & renewable energy sectors operating successful businesses with an impact on energy access and the availability in their communities and countries.
  • Social Entrepreneur Award: Nominees should be female entrepreneurs who have developed an innovative, systemic and sustainable solution that directly tackles a social issue, thereby having a transformative social impact on their communities and countries.
  • Lifetime Achievement Award: Nominees should be established women entrepreneurs who have demonstrated prolonged and consistent achievements in business and exceptional business leadership. The award also recognizes significant contributions made to job creation and the economy.

To nominate a business, first, register here, and submit your nomination here


Financial

Kin BPR Landing Page

Abafatanyabikorwa ba BPR Bank Rwanda hamwe na SME Response Clinic

URIFUZA KUMENYA BYINSHI

“Twishimiye kuba turi kumwe muri ibingibi. Turifuza kwizeza abakiriya bacu ko tureba kure. Mukomeze mwitange.”

GEORGE ODHIAMBO, UMUYOBOZI MUKURU WA BANKI YA KCB RWANDA

Cunga Imari yawe ubifashijwemo na BPR Bank Rwanda

Electronic Warehouse Receipts Finance (eWRsF)

URIFUZA KUMENYA BYINSHI

Inguzanyo ya Zamuka Muhinzi

URIFUZA KUMENYA BYINSHI

Imari y’umutungo mu rwego rw’ikoranabuhanga rikoreshwa mu mazu yo guhingamo indabo

URIFUZA KUMENYA BYINSHI

Ishoramari rishingiye ku mutungo

URIFUZA KUMENYA BYINSHI

Kuri Biashara yawe

Ukorana umwete mu byo ukora, ntugira ubwoba mu byo ukora, ureba imbere, ushakisha amahirwe, uhora witeguye kugenda; niba icyo cyivugo gihuye n’imigambi yawe, na Biashara yawe, emera  Banki ya KCB  iguherekeze mu rugendo rwawe rwo kwiyemeza imirimo maze mujyane, komeza maze urusheho gutera indi ntambwe ijya ejuru.

Egera BPR Bank Rwanda

+250788140000

contactus@rw.kcbbankgroup.com

Reba FAQs


Financial

BPR Bank Rwanda Landing Page

BPR Bank Rwanda Partners with the SME Response Clinic

“We appreciate that we are in this together. We want to assure our customers that we are looking long-term. Keep engaging.”

GEORGE ODHIAMBO, MANAGING DIRECTOR, BPR BANK RWANDA

Managing Your Finances With BPR Bank Rwanda

In August 2021, KCB Bank Rwanda merged with Banque Populaire du Rwanda PLC to form a new bank, BPR Bank Rwanda. The new bank will benefit clients with a wide range of products and services, including access to a larger network of branches and banking agents across the country, as well the best-in-class digital offers, transactional banking solutions, trade finance expertise, and international banking offers from KCB Banking Group.

BPR Bank Rwanda is working on new and exciting financial products and services at the end of the year for SMEs. Here are the current offers.

Electronic Warehouse Receipts Finance (eWRsF)

Learn More

Zamuka Muhinzi Loan

Learn More

Asset Finance in Horticulture Sub-sector Greenhouse Technology

Learn More

Asset Based Financing

Learn More

For Your Biashara

Driven by passion, fearless in your pursuits, forward-thinking, opportunity-seeking, and always ready to go; if that description fits you and your Biashara, let BPR Bank Rwanda walk your entrepreneurship journey and, together, go ahead to scale new heights.

Contact BPR Bank Rwanda

Call us: +25078814000 / +250788187200

contactus@bpr.rw / info@bpr.rw


GoGettaz Competition

Are you an entrepreneur in the Agri-food sector interested in scaling up your business? Apply for the GoGettaz Competition by 6 June 2022

Are you an entrepreneur in the Agri-food sector interested in scaling up your business? Apply for the GoGettaz Competition by 6 June 2022

Generation Africa, a partnership initiative aimed at strengthening the ecosystem for young entrepreneurs in the agri-food sector, invites applicants for the GoGetttaz Agripreneur Competition. This year’s edition will focus on supporting entrepreneurs whose ventures battle climate change, hunger, and poverty. Interested applicants must join theGoGettaz community before applying. Through the GoGettaz community, they will gain access to education, mentorship, and investment networks to help them launch, grow and scale their agri-food ventures. Additionally, two successful participants (one female and one male) will win USD 50,000 as a prize for the most innovative and scalable business ventures.

Interested entrepreneurs must fulfill the following criteria to apply:

  • Be aged 35 years or younger on the date of submission and be legally recognized as an adult in the country of their nationality
  • Have nationality (with an official ID) from an African Union member country
  • Be a founder/co-founder of the venture he/she represents in the Competition and play an active role in its leadership and operations
  • Have no criminal record related to corruption, tax evasion, financial impropriety, felony, or other offense and be willing to offer a signed declaration to that effect, if requested

Additionally, the business venture must also fulfill the following criteria to be considered for the Competition:

  • Be legally registered in a country that is a member of the African Union or will have commenced with the registration of such a legal entity before 1 July 2022
  • Be headquartered in a country that is a member of the African Union
  • Be designed to be financially sustainable, either as a for-profit business or a non-profit generating some revenue and aiming not to be dependent on donor funding
  • Have a role to play in the agri-food sector and/or supports the development of the agri-food sector through an innovation or process improvement
  • The agri-food sector may be defined as businesses including:
    • Agri-food research & development
    • Primary food production (farming)
    • Crop nutrition
    • Irrigation
    • Mechanization, automation, or robotics, including drones
    • Crop protection
    • Hydroponics or urban farming
    • Transport, distribution, storage, or logistics
    • Food processing
    • Packaging or marketing
    • Food retail or service
    • Waste management or recycling
    • Digital or technology solutions/services to the agri-food sector
    • Innovative finance solutions/services to the agri-food sector
    • Renewable energy or environmental solutions/services to the agri-food sector

To apply for this Competition, visit: GoGettaz Competition Application


early-stage venture

Are you an early-stage venture interested in scaling up? Apply for the e-Track Programme before 29 April 2022

early-stage venture

Are you an early-stage venture interested in scaling up? Apply for the e-Track Programme before 29 April 2022

The University of Cape Town Graduate School of Business (UCT GSB) Solution Space, in partnership with Ayoba, a free instant messaging app, invites applicants for the e-Track Programme. The e-Track Programme is a three-phase early-stage venture accelerator and capacity-building programme for high-impact entrepreneurs in South Africa and beyond. It is designed to support participants in building scalable businesses with international potential.

Successful applicants take part in the following:

  • A five-week Venture Launch course that focuses on validating the venture concept
  • A twelve-week Venture Exploitation course aimed at accelerating the development of the validated venture
  • A twelve-week Venture Scaling course where ecosystem partners and investors support ventures to expand and thrive within their markets

Interested applicants should have solutions relevant to the African market and global potential. Applicants can apply in teams or as individuals as part of an existing venture. They should have a prototype or minimum viable product ready for early-market testing to further establish the product and market fit. Additionally, the initial concept should demonstrate a deep and intimate understanding of the problem and market need or opportunity.

Selected participants will benefit from the following

  • Access to technical support and mentorship from Ayoba field experts,
  • Workshops and clinics to learn fundamentals and core business skills
  • Access to pro-bono partners and a network of consultants to support with specialist expertise such as legal, human resource, digital user experience, and venture capital
  • Feedback from the Ayoba team and network of experienced mentors and industry partners
  • Networking with Ayoba’s community of vibrant entrepreneurs

To apply for this program, visit: E-track programme applications