Invest Africa: A micro-venture capital platform for African entrepreneurs
This project also has a Changeshop where you can read more about its latest progress.
Allez à Changeshop: Invest Africa.
Invest Africa is a micro-investment or micro venture capital platform dedicated to helping micro and small enterprises (MSEs) in Africa get the funding they need to expand, grow and create jobs.Invest Africa was started because while entrepreneurs sometimes receive start-up capital through micro-credit, these businesses often struggle to find funding to allow them to expand, grow and create jobs
A propos de vous
A propos de vous
Prénom
Sandra
Nom
Ntsonde
URL Twitter
URL Facebook
A propos de votre organisation
Nom
Invest Africa
Site Web
Pays
États Unis, NJ, East Orange
Pays dans lesquels ce projet crée un impact social
Ghana
Age de l'innovateur :
18 à 34 ans
Sexe de l'innovateur :
Féminin
Votre organisation est-elle une
Hybride
Depuis combien de temps votre organisation opère-t-elle ?
Moins d'un année
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Innovation
Intitulez votre soumission
Invest Africa: A micro-venture capital platform for African entrepreneurs
Sélectionnez la phase qui s'applique le mieux à votre solution
Création (un pilote qui vient juste de démarrer)
Depuis combien de temps le projet existe-t-il ?
En place depuis moins d'un an
Le besoin : quel problème tentez-vous de résoudre ?
The establishment of viable, thriving businesses is a crucial weapon in the fight against poverty in African communities. While micro-credit provides some of those without access to bank and financial services the initial funding to launch businesses, many struggle to find the support they need to sustain and grow their enterprises. Invest Africa aims to cater to the “missing middle” of finance and serve organizations caught in the gap between microfinance and traditional banking. With traditional banks serving the higher end of the market and microfinance institutions (MFIs) serving the poorest of the poor, there is a gap in the global financial services industry where entrepreneurs and their MSEs have little or no access to capital.
La solution: quelle solution proposez-vous ? Soyez précis !
To resolve this issue, Invest Africa offers financing to existing MSEs in need of capital to expand. By providing the entrepreneurs behind these enterprises with expansion capital, they can grow their business and create new jobs. Our micro venture capital platform intends to go beyond the scope of micro-credit financing as well as traditional international investor/entrepreneur relationships. By matching targeted investors with the most promising entrepreneurs and these entrepreneurs with leading organizations and institutions in microfinance, we anticipate measurable success of the Invest Africa initiative within the first year of implementation.
Le système : décrivez un exemple spécifique montrant de quelle façon votre initiative fonctionne ; indiquez vos principales activités.
Invest Africa aims to cater to the “missing middle” of finance and support African MSEs caught in the gap between microfinance and traditional banking by allowing individuals, corporations and consulting/investment firms around the world to make investments in these MSEs via a micro venture capital platform that matches promising African entrepreneurs with investors and local microfinance institutions, investments firms or NGOs. Invest Africa levies a fee of 10% on the total funds received through fundraising campaigns. At the end of the investment term, the online investors receive back their original investment plus a return on investment corresponding to the interest rates repaid by the entrepreneurs. As an extra incentive to investors, Invest Africa offers a rewards platform, designed to reward investors and to incentivize our investor referral program and various other special offers, such as lotteries. An online coaching program to strengthen the connection between investors and entrepreneurs. Our online coaching program is a way to open up a line of communication between investors and entrepreneurs as well as strengthen the path to a successful investment and enterprise. In addition, Invest Africa has implemented an affiliate marketing program in the form of an online shop whereby site visitors may purchase African and/or sustainable products from a selection of online merchants, some of which are managed by African entrepreneurs. Invest Africa plans to develop an SMS-based accounting mobile to allow entrepreneurs to report their sales,expenses and operations figures
Le marché : qui sont vos collègues et vos concurrents ? Identifiez les autres personnes qui travaillent à répondre au même besoin et indiquez ce qui vous différencie d'elles. Comment ces concurrents pourraient-ils influencer votre réussite ou votre croissance ?
Invest Africa's key advantages vs. competitors:
- Africa focus: Invest Africa is entirely dedicated to Africa, a continent with increasing economic potential. This focus on Africa allows us to target the African Diaspora community and thus permits a targeted communication strategy.
- Micro-investments vs. micro-credit: Invest Africa offers online investors a return on their investments.
- Rewards platform: Invest Africa offers a rewards platform designed to reward investors with consumer goods.
- Coaching Program: Invest Africa offers a coaching program that allows investors the opportunity to provide consulting and advisory services to the business or businesses in which they have invested.
Impact social
This Entry is about (Issues)
Votre initiative s’occupe de quelle(s) solution(s) pour aider des entrepreneurs émergents et pour aider des petites entreprises à croître et à s’augmenter dans des communautés mal desservies ? (sélectionnez tout ce qui est applicable)
Accès au financement, Accès au talent, Accès à la technologie, Accès aux opportunités économiques.
Jusqu'à ce jour, quels résultats a obtenu votre projet ?
Invest Africa has established contracted partnerships with local institutions in the following countries: Benin, Ghana, Mali, Nigeria. As of today, Invest Africa raised $1360 via its online platform and plans to finance an agro-processing plant in Ghana.
Quelles sont vos prévisions en termes d'impact au cours des trois prochaines années?
As an online platform, Invest Africa will be accessible to anyone with Internet access. The platform and the team members are bilingual (English and French) which will enable Invest Africa to develop in the USA, Europe and Africa and gain millions of users over the years. If successful, Invest Africa could expand its activities in all the African regions by increasing the number local partners/entrepreneurs and set up an office in Africa.Invest Africa will track its impact through program performance indicators (total value of investments, number of enterprises who received investments, number of hours of coaching program provided...) and social and economic indicators (number of jobs created, number of local service providers who better meet entrepreneurial demand)
Les meilleures propositions possèdent un programme solide détaillant leurs prévisions pour atteindre et suivre leurs objectifs de croissance. Identifiez vos objectifs à 6 mois pour accroître vos résultats
Reach 1000 online investors and provide $50000 funding to African entrepreneurs
Définissez les trois tâches principales à accomplir pour atteindre ces objectifs à six mois
Tâche 1
Improve the website and register the Crowdfunding platform with SEC
Tâche 2
Increase number of partnerships with local partners and select projects.
Tâche 3
Implement an online marketing strategy to recruit targeted visitors
Et maintenant, voyez les choses en plus grand ! Identifiez vos objectifs à 12 mois
Reach 10 000 online investors and provide $500 000 funding to African entrepreneurs
Définissez les trois tâches principales à accomplir pour atteindre vos objectifs à 12 mois
Tâche 1
Build strategic partnerships with organizations and corporations to increase recognition and visibility
Tâche 2
Create a foundation to increase fundraising options and manage the coaching an Fellowship programs.
Tâche 3
Build a full-time management team
Création de l'organisation : nous voulons tout savoir sur votre déclic. Expliquez-nous oú et quand les fondateurs se sont rendu compte que cette solution possédait un véritable potentiel pour changer le monde.
Raised in Ivory Coast and France, Sandra Ntsonde founded Invest Africa during the summer 2011 after witnessing the difficulty to access expansion capital during her frequent trips to Benin (West Africa) where she is originally from.
Viabilité
Quels sont vos différents partenariats ?
Invest Africa needs to create a network of reliable local partners in all the countries we operate. These local partners are microfinance institutions, NGOs or small consulting/investments firms. Their role is to identify and select the businesses, process the money transfers and implement a monitoring and reporting system with each business. Invest Africa has established contracted partnerships with local institutions in the following countries: Benin (Alidé), Ghana (VPWA), Mali (Fiinco Africa group), Nigeria (MICS).
Expliquez plus en détails les besoins et les offres indiqués ci-dessus ou proposez un type d'aide non mentionné dans la liste
| Fichier attaché | Taille |
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| ia_logo_version_3_test.jpg | 47.76 Ko |
| il y a 43 semaines Sandra Ntsonde updated this Competition Entry. | |
| il y a 43 semaines Sandra Ntsonde updated this Competition Entry. | |
| il y a 43 semaines Sandra Ntsonde submitted this idea. |
