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Entrepreneurship World Cup

 

The Entrepreneurship World Cup is more than  just a global pitch competition with a shot at  life-changing prizes. With 100,000 entrants  from around the world, EWC elevates  entrepreneurs – providing you with tools and  resources to grow your venture. It doesn’t  matter how far you’ve come – idea-stage,  early-stage, growth-stage or beyond – EWC  can put you on the right course.

Leverage world-class content in the EWC  Accelerator to: unleash your ideas, hone your  pitching skills and engage with a global  network of mentors. And, oh yeah, compete  for those life-changing prizes, together with  business opportunities and investment.

Entrepreneurship World Cup Sierra Leone is organised by Innovation SL/ GEN SL.

All National winners receive:
In-kind Services + Support
Up to US$500,000 through in-kind prizes that include essential business advice, guidance and services from corporate leaders such as Oracle, Google Cloud, Shopify, Slack and Stripe, thanks to a new partnership with GVSLabs which totals up to $46M globally.

GEN Accelerates 2
All EWC National Winners will move to GEN Accelerates 2 (one-to-one mentoring program with structured online resources) from July 29 to September 9, 2019. Once they complete the program, they will have access to GSVLabs Passport. If you couldn’t join the webinars regarding this topic, you can check GSVLabs’ presentation in this link.

GEN Starters Club
EWC National Winners will also automatically become part of the GEN Starters Club with access to insight and advice from GEN Mentors, enhanced exposure, curated networking opportunities at special events around the world and a chance to be part of a like-minded community of talented entrepreneurs from all around the globe.

The first edition of 2019 Freetown Pitch Night

The first edition of 2019 Freetown Pitch Night is set for Feb 20th 2019! Venue: The British Council: Time 18:30-20:30 (6:30-8:30).
The theme is Leveraging Digital Technologies to Transform the Agriculture industry in Sierra Leone. This first pitch night of 2019 is in collaboration with Adam Smith International, EcoBank Microfinance, and the British Council. Our official sponsor is Heineken, and Innovation SL. Theme sponsor is Adam Smith International together with the BetterBusinessSL initiative and EcoBank Micro finance. Our partners are Cordaid, Brussels Airlines, Insight Magazine and Innovations Axis.

“Agriculture is one of the largest, and most untapped by technology, sectors of the economy.”
“There is growing interest in funding for agritech startups that focus on the real problem of food security and enabling better use of technology to grow the agriculture sector as a whole. It is a welcome and attractive idea for investors.” “Disrupt Africa “
Four entrepreneurs will pitch their ideas ranging from Smart Farming, Market Linkages, Post Harvest, Waste -Tech, Aqua Culture, to Alternative Farming.
Confirmed panelist: Wycliffe Ngagwe, Country Director UNCDF; Alex Kucharski, Adam Smith International; Ram Sharkandas; Estelle Van der Echoute, Brussels Airlines.

Innovations Axis-Incubator, Accelerator and Coworking

Enabling the Entrepreneurial Ecosystem

An impact focused Incubator and Accelerator combined with a Co-Working space and Networking Hub, Innovations Axis’ mission is to enable and empower entrepreneurs to solve problems with potential for disruption, impact and scale.

With sister organisations GEN SL and Innovation SL, Innovations Axis forms a community harnessing the creativity, talents and resources of diverse stakeholders to birth, incubate and scale up unlikely technological solutions to development issues with high IMPACT.

Our vision is of an entrepreneurial ecosystem where Sierra Leone’s largest companies interact with ambitious entrepreneurs hungry for success; with talented individuals, graduates and alumni of entrepreneurial organisations providing a strong source of ‘cultural and intellectual capital’. All fueled by highly-networked and experienced mentoring and capital supported by our incubator and accelerator.


What How
We FIND entrepreneurs disrupting and  solving important problems while creating impact in society.   Through Freetown Pitch Night, Sierra Leone’s premier event for startups and scale ups wanting to be discovered.   We also run several world-renowned competitions on the theme of solving global challenges.  
We COACH entrepreneurs in developing and delivering their value proposition.   By providing an incubation and scale-up program that is: (a) contextual; (b) focused on design driven principles; and (c) promotes peer to peer review and learning.   By enabling an Entrepreneurial Ecosystem that minimize the risks to start-ups and accelerate scale-ups.  
We SOURCE funds to invest in a selected few.   Through our Business Angel Network and network of investment partners.

Innovations Axis is a part of Innovation SL which, together with GEN SL,  form a community harnessing the creativity, talents and resources of stakeholders to birth, incubate and scale-up unlikely and exponential technologies with high IMPACT solutions to development challenges. Our focus is on Agribusiness (e.g. Hydroponics, Greenhouse Agri, Value chains), the Circular Economy (waste to wealth), Digital Disruptive technologies (Edtech, Fintech, Agtech, Digital Agri) and Social Entrepreneurship.

Building on Success

Innovation SL, Global Entrepreneurship Network’s Sierra Leone affiliate, has been hosting programs and initiatives since January 2017, including the Freetown Pitch Night (FPN). In 2018 FPN established itself as the country’s most successful gathering of entrepreneurs, with more than 60 entrepreneurs pitching ideas or post revenue businesses to more than 1000; including the special FPN event for the Mayor of Freetown, the largest single attended event with an audience of nearly 200.

In 2017 Innovation SL organised Sierra Leone’s first official Global Entrepreneurship Week, GEW Sierra Leone 2017. During one week in November, thousands of events and competitions in 170 countries inspire millions to engage in entrepreneurial activity while connecting them to potential collaborators, mentors and even investors. Powered by the Kauffman Foundation, the initiative is supported by dozens of world leaders and a network of more than 15,000 partner organizations. GEW Sierra Leone 2018 was supported by the IFC, Heineken, Orange Sonatel, The British Council, the Shankerdas Group, Brussels Airlines and Africell.

With the success of the FPN, GEW Sierra Leone and other programs, Innovations Axis is a critical component of Sierra Leone’s Entrepreneurial Ecosystem.

Incubator Accelerator

Innovations Axis is Sierra Leone’s first fully functioning incubator, with programs (Incubation and Acceleration) framed on 5 Containers/Stages:

  1. Formation;
  2. Validation;
  3. Scaling;
  4. Growth; and
  5. Exit.

Innovation Axis use a combination of tools and methodologies to move entrepreneurs from Ideation to Growth, using the Startup Commons Framework (shown below).

The Formation container uses Design-driven entrepreneurship principles (Business Model Canvas, Customer Discovery) to develop an idea to a concept and MVP, while the  Validation container offers Lean Start-up tools with a focus on validating a Minimum Viable Product through iterating and/or pivoting.  

Beyond Validation we employ Vilcap methodology for scaling up, offering an effective investment readiness program using the [1]Vilcap Viral Tool, the framework through which VilCap programs are run. All curriculum and peer ranks are informed by this simple chart. VIRAL gets investors and entrepreneurs speaking the same language and developing a shared understanding of what entrepreneurs need to get to their next level of funding.

We also provide Entrepreneurial Development Training, focusing on developing business skills, presentation skills and managing a business. Our Entrepreneurial Development Training Program (EDTP), often held in association with development partners, is created to provide an alternate route to gainful employment for  young people and economically disadvantaged individuals through their own businesses.

Innovations Axis are located in a warehouse complex in Kingtom with 3000 sqm comprising of an open-plan co-working space of hot desks, an open co-working space for incubatees and acceleratees, private offices, a large conference room sit, a reception area and a cafeteria. Our 3,000 sqm exhibition space is ideal for social and business events, seminars and courses and will come into use by the end of 2019.

Innovations Axis is currently incubating five start-ups, with an additional three going through our recruitment process. We also provide start-up and business services to eight entrepreneurs, while we have recruited two members to our Business Angel Network.

Our accelerator model is an integrated consulting service, addressing business models, business plan development and refinement, strategic marketing, investor presentation development and refinement, fundraising and other areas required to create a world-class company.

Our Value Proposition

Innovations Axis has a team of experienced, accomplished, with proven track record individuals , partners that understand startups, early stage, and middle stage growth. Our founders, service providers and mentoring partners have extensive local and international networks and experience in diverse industries including ICT, agribusiness, sales and distribution, enterprise, innovation leadership and management, mobile payments, social entrepreneurship, healthcare, internet-based services, fisheries, telecommunications and multimedia, We have worked in small, medium and large organizations and have started more than one business – and can look back at at least one failure.

With experience from the start-up scene in Europe, USA, Asia and Africa, Innovations Axis draws on best practices, alliances, partnerships, investors and mentors to help start or grow your business. For seed stage, start-ups and growth stage enterprises who need start-up services, acceleration and pre and post investment, Innovations Axis provides a hub, meeting place, the tools, networks, organizations and companies to nurture, develop and grow your idea/business. Our network of successful entrepreneurs, business leaders and mentors can look at your business plan and tell you what it will take to succeed.

Innovations Axis ultimate goal is to provide the space and support for local talents to lead the change they desire in their society/community through creative home-grown solutions.

Contact Details

e:         mail@innovationsaxis.com

a:         11 Bolling Street, Kingtom, Freetown

t:          +232 (0) 77 05 1821, Tel: +232 (0) 78 30 30 83; Tel: +232 (0) 78 359 957

http://www.Innovationsaxis.com

https://www.facebook.com/innoaxis/

[1] Village Capital is a venture capital firm that finds, trains, and invests in early-stage ventures solving major global problems in agriculture, education, energy, financial inclusion, and health. VilCap Investments, LLC is its affiliated, managed investment fund.