From November 2019,light brown] 9 mentors[/light brown] business were identified within the Burkinabe, Moroccan, Ugandan and Senegalese ecosystems, but also largely via the network ofInvestors and Partners (I&P), the structure associated with Africalia, Bayimba Foundation And Zhu Culture in the implementation of Creative Africa. These mentors have already provided more than [light brown]320 hours[/light brown] accompanying. This support is greatly appreciated by entrepreneurs. [Crossroads, for example, explains that he was able to adopt a [light brown]more business-oriented thinking[/light brown] thanks to his mentor.
light brown]I&P[/light brown] plays an important role in [light brown]relationship[/light brown] between mentors and mentees. This regular link allows you to provide appropriate responses [light brown]according to needs and pace[/light brown] of each incubate. Coaching further enables[light brown] strengthen staff members [/light brown] of certain structures, like [Bazem'se, who decided to involve his team so that they could participate more in the development of the company.
In recent months, due to the global pandemic and the international measures it has generated, support has been more oriented towards [light brown]crisis management[/light brown]. Beyond that, the role of business mentors is, more generally, to support entrepreneurs in building a [light brown]business plan[/light brown] solid, in order to prepare them for [light brown]raise funds[/light brown] with stakeholders such as investors.
Southern languages established a system of light brown]cost accounting[/light brown] and took the opportunity of business support to write a file to submit to [light brown] future investors[/light brown]. It is also with this in mind that [Fezah worked with his mentor: the entrepreneur defined with his mentor a strategy to achieve the light brown]break even[/light brown] and then connect with investors. [Kalanexpo began work with his mentor on [light brown]financial projections[/light brown] with the aim of developing a [light brown]business plan [/light brown] and respond to certain fundraising opportunities already identified.
Karoninka, Optimist Productions And Anya reworked their[light brown] economic models[/light brown] with their mentors in the perspective of [light brown]to diversify[/light brown] their sources of income, which raises questions about prospecting and marketing. At the same time, these three structures also addressed the question of the organization of their [light brown]staff[/light brown] with their mentors (formalization of contracts, development of the organization chart, job profiles, etc.).
Meetings between mentors and mentees will continue to be frequent over the coming months. This is all the more opportunities for the incubates to strengthen the [light brown]management of their business[/light brown].
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