African Smart Cities GreenTech is one of the few green technology focused accelerator with the designed to promote the growth and development of clean technology companies across the region. As a GreenTech entrepreneur, you face new challenges every day. Whether it’s determining the sustainability of your idea, deciding how you’re going to penetrate new markets or figuring out how you’re going market your product, it seems at times you find yourself wishing you have an instruction manual for your business. It’s ok we understand And we are here to help.
The Accelerator Program is the catalyst that enables first-stage entrepreneurs to catapult their business to the next level. Read on below to see the specific learning opportunities provided by Launchit GreenTech Accelerator program.
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Creating a Sustainable Scalable Business
The keys to creating a sustainable and scalable business for growth is: knowing your customers, developing a clear value proposition, and developing your strategic business goals for sustainable revenue growth.
Business Development Training
Built for You
Through our virtual platform entrepreneurs received tailored business development program specific to their current stage needs. Peer-to-Peer Learning Once accepted to the Accelerator Program, you will be able to network with entrepreneurs within the program who can offer valuable lessons learnt and insights from their personal experience. Being able to network amongst other accelerator participants will be invaluable to you not only in program as you will be able to expand your connections both locally and regionally.
Connections to Experts
We know it’s more than about money- it’s about connecting with the right people
The Accelerator Program enables you to meet with industry experts who are dedicated to the success of the program and its participants. These mentors are a successful entrepreneurs and/or specialist with their associated field the business.
Building a Culture of Accountability
One of the challenges most entrepreneurs face is building a culture of accountability. As an Accelerator participant, you will be matched with mentors both technical and specialized. Matching with mentors will ensure that you are learning and growing as an individual, both through training provided and through the interaction with your mentors. Each startup develops a framework that will help the team to keep track with your committed goals.
The only thing standing between your company and success is a cash injection
One of the most important things you can to ensure the financial health of your business is to create your revenue model. Your revenue model gives you a necessary understanding of your cash flow and needs and is your way of demonstrating to yourself and to potential investors how you plan to earn revenue and maximize your profitability. We encourage our startups to examine their income generating strategies. This measured by the amount spent on marketing, rent, wages, etc. and earning that investment back throughout the company.
Start, Run and Grow your Business
Knowing about your market isn’t enough. You also need to decide who will be your customer, how you will find new customers, what you will offer and how you will keep them as your customers. Then you will have the strategy you need to market your business. Through the accelerator program founders will learn how to develop a strategic advantage over their competitors.
The way a team plays as a whole determines its success.
One of the most difficult decisions for any founder of success business is selecting the right people for the right roles. Is everyone in your company aligned, pulling their weight, and contributing as they should?