Africa-Press – Liberia. TRIBE, in partnership with Pacha Soap Inc, has launched the inaugural cohort of its annual startup incubator, idées.
TRIBE is a nonprofit organization that is design, strategy, and implementation company focused on improving learning outcomes, facilitating workforce development, and building entrepreneurial ecosystems.
The launch, which took place recently in Monrovia, is intended to build a startup incubator for young Liberian entrepreneurs.
It will also reimagine the model for impact-first, financially viable startups, such as an incubator to equip young entrepreneurs with the skills, tools, and networks to grow and a vehicle to drive increased startup development investment.
TRIBE also intends to create a co-working space at its Campus for the founder and CEO to focus on building the venture.
The organization will also provide Network and opportunity access. An extensive TRIBE and Pacha network of potential funders, partners, and supporters.
Five startups are selected for the 2023 inaugural cohort and will participate in up to four months of build and fly incubation, followed by a pitch ceremony to demonstrate learning, impact, and plans for growing the venture beyond the incubator.
The institution is on a mission to design experiences and create alternative solutions that improve the way we teach, learn, and employ.
Through idées, TRIBE seeks to unlock Liberia’s entrepreneurial and market potential by launching viable startups and attracting increased external investment into Liberia’s startup ecosystem.
By enrolling in the incubator, entrepreneurs and ventures will benefit from bespoke training and support focused on addressing venture-specific challenges and offering personalized support.
Others are business development services. venture and sector-aligned mentoring and coaching focused on solidifying market positioning and growth.
The program will also provide a non-equity capital up to US$4,500 in capital infused into ventures to support
operations.
Pacha Soap Inc is a US-based manufacturer of all-natural soaps and bath products. Pacha is funding the pilot of the startup incubator (idées) in 2023.
Speaking earlier, Andy Thornton, Chief Impact Officer at Pacha Co., expressed his excitement and enthusiasm to partner with TRIBE to make the incubator possible.
He was inspired by the model and the work of TRIBE to support entrepreneurialism and entrepreneurs in Liberia.
“Business can free people and serve as a tool for change; therefore, we are proud to partner with entrepreneurs in Liberia, and we hope to be part of that change that will enable more people to be part of a successful entrepreneurial ecosystem” says Andy Thornton.
Wainright Acquoi, Chief Executive Officer at TRIBE, said, Idées’ model is unique because it emphasizes understanding, learning, and rethinking the challenges and opportunities unique to each startup in the incubator.”
With this approach, he said, the incubator can unleash and tap into Liberia’s entrepreneurial potential which enhances market growth and strengthens the startup ecosystem.
Incubatees receive bespoke training and support services – mentoring and
coaching- non-equity capital, founder co-working space, and access to valuable networks.
Five startups across multiple sectors, including agribusiness, home services, and digital
marketing have been selected for the incubator program.
Andrew Siafa, the founder and CEO of Kklikz Technologies, LLC, is a Liberian entrepreneur who is passionate about improving digital solutions.
His startup focuses on digital marketing, graphics design, and media to provide effective solutions to
clients and companies that seek to improve ineffective digital solutions.
Chorlyn E. Chor is the founder and CEO of a medical homecare and personal agency called Professional Home Services.
Her startup offers services such as laundry, janitorial, maid and educational services.
She said, “Our goal is to make housing and homecare services more accessible, affordable, convenient, and reliable for everyone.”
Nimba Ventures Inc is a youth-led agribusiness that specializes in mixed agriculture
farming and snail farming.
The founder and CEO, Jared Lankah, is passionate about growing highly nutritious snails for market purposes.
He said, “Our mission is to provide
healthy and sustainable food options for consumers while supporting the local farming community.”
He added that Eco Soap Liberia is a social venture founded and led by its CEO, Linda Seton.
They produce mosquito repellent soaps and oils with the goal of preventing the spread of
malaria and reducing mosquito-related deaths.
Stephen Ellie,who is the founder and CEO of E-Kima Agricultural Company which is dedicated to delivering effective low-cost and high-quality agricultural products, driven by customer satisfaction.
Meanwhile, the launch brought together important industry players to celebrate the beginning of a new experience for the inaugural cohort of five startups led by TRIBE.
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