[Type]: Entrepreneurship Programme
[Open to]: Africa-based Entrepreneurs
[Reward Obtainable]: Trip to Milan
[Deadline]: April 30, 2017.
Adansonia, a programme which encourages young African entrepreneurs and certifies them for funding has officially begun.
Below are the details:
The program is free and open to all entrepreneurs and aspiring entrepreneurs in Africa. It is a collaboration between Bocconi University, one of the top business schools in Europe, and venture capitalists across the African continent.
All Africa-based entrepreneurs and aspiring entrepreneurs are eligible. You just need
a business idea (or an existing business that you wish to expand),
professional proficiency in English (the online course and pitching event will be in English),
to be able to watch the course videos on the Internet (an Internet-connected device, e.g., smartphone or computer).
Take a free online course on entrepreneurship by a top university in Europe, Bocconi University.
Learn to build a business and to apply for funding.
Earn a certificate from Bocconi University, a top business school.
Write a business proposal and have it evaluated by pan-African venture capitalists who have partnered with the program. The top proposals get to pitch to investors.
Pitch to investors at the final pitching event. The partnering venture capitalists decide which proposals to fund.
Earn an all-expenses paid trip to Milan, Italy to learn more in a short business course at Bocconi University that lasts roughly a week. This prize is awarded to the participants who most actively help their peers refine their business ideas.
Outline of the 6-week online course
In this new 6-week course taught by professors at Bocconi University and by venture capitalists in Africa, participants will learn the following topics:
Ideating a new value proposition: learn how to identify spaces for innovation, and find customers.
Testing an idea before launch: learn how to assess market size and your competitors.
Marketing: learn how to develop your value proposition and segment customers.
Cost: learn how to identify partners, compute break-even analysis, and devise a pricing strategy.
Finalizing your business plan: learn how to do financial forecasts and what investors look for.
Get ready to present your startup: learn how to build your team, pitch your idea, and apply for funding.
[Disclaimer: The Page is not responsible for this call. We hold no stake in the organisation of this contest or program. Our interest is purely based on reportage. All correspondences should be directed to the appropriate quarters].Please Follow Us @ThePageNg