09 November 2021GABORONE - Stanbic Bank Botswana is excited to announce that it has partnered and sponsored Ngwana Africa by contributing an amount of P200,000.00 towards the 3x3x3 Scale Up Residency. The sponsorship is for the curation of tech-driven start-ups to make them investment-ready for Angel Investors, Venture Capital and Debt funding.The 3x3x3 Scale Up Residency is scheduled to run from the 8th – 21st November 2021. This programme is mainly for Batswana who are at early-stage digital B2B SaaS startups with initial traction, and solid teams. The event is supported by 14 experience mentors and the incubator. The main areas of are Agritech, FinTech, CleanTech and Edtech..The programme curation outputs are as follows: Curation of tech-driven startups (1-8) for investment (sector-agnostic startups.)Curation of Angel and Venture Capital for dealflow funding (residency to boardroom facilitation.)Curation of startup success stories (blueprint model for replication, innovationshowcase.).Said Stanbic Bank Botswana Chief Executive, Mr. Samuel Minta, Stanbic Accelerate Incubator mandate is to produce successful and wealthy young business owners who are creating jobs directly and indirectly and raising capital for investment on the continent. This comes as part of the acceleration pillar “Accelerate 4XFour Model” which has been set mainly for post-startups, facilitate access to funding and markets, and anchores on well-articulated value-proposition of the startups which is scalable and marketable.”Stanbic Bank Botswana firmly stands in the belief that Botswana is our home, and we drive her growth through youth empowerment, employability and entrepreneurship..Said Ngwana Africa Co-Founder, Mr. Mooketsi Bennedict Tekere, “This is a great opportunity for showcasing a new instrument for financing top-end Innovative Disruptive Enterprises (IDEs) in the Botswana startup ecosystem. This programme aims to influence digital entrepreneurial culture among youth startups and innovators that are solving problems in their communities and creating the future economy solutions. The impact of this programme and partnership will be seen through the connections between our mission-driven founders and investors as the solutions created by the startups scale in the regions of Africa. Through this platform we recognise young Batswana who are turning their challenges into global businesses.”.We continue to invest and empower the youth with requisite skills, finance and support to adopt new climate and technological advancements.“This is a great initiative that will unlock possibilities for the youth and empower. It is tenets like these that we leverage to solve youth employment and entrepreneurship. Reviving the SME sector and supporting startups and programmes like this requires funding so we can all build Botswana’s economy. Botswana is our home, and we support her growth, and we work at every turn to improve the lives if her people.” Concluded Minta.ENDS.
09 November 2021GABORONE - Stanbic Bank Botswana is excited to announce that it has partnered and sponsored Ngwana Africa by contributing an amount of P200,000.00 towards the 3x3x3 Scale Up Residency. The sponsorship is for the curation of tech-driven start-ups to make them investment-ready for Angel Investors, Venture Capital and Debt funding.The 3x3x3 Scale Up Residency is scheduled to run from the 8th – 21st November 2021. This programme is mainly for Batswana who are at early-stage digital B2B SaaS startups with initial traction, and solid teams. The event is supported by 14 experience mentors and the incubator. The main areas of are Agritech, FinTech, CleanTech and Edtech..The programme curation outputs are as follows: Curation of tech-driven startups (1-8) for investment (sector-agnostic startups.)Curation of Angel and Venture Capital for dealflow funding (residency to boardroom facilitation.)Curation of startup success stories (blueprint model for replication, innovationshowcase.).Said Stanbic Bank Botswana Chief Executive, Mr. Samuel Minta, Stanbic Accelerate Incubator mandate is to produce successful and wealthy young business owners who are creating jobs directly and indirectly and raising capital for investment on the continent. This comes as part of the acceleration pillar “Accelerate 4XFour Model” which has been set mainly for post-startups, facilitate access to funding and markets, and anchores on well-articulated value-proposition of the startups which is scalable and marketable.”Stanbic Bank Botswana firmly stands in the belief that Botswana is our home, and we drive her growth through youth empowerment, employability and entrepreneurship..Said Ngwana Africa Co-Founder, Mr. Mooketsi Bennedict Tekere, “This is a great opportunity for showcasing a new instrument for financing top-end Innovative Disruptive Enterprises (IDEs) in the Botswana startup ecosystem. This programme aims to influence digital entrepreneurial culture among youth startups and innovators that are solving problems in their communities and creating the future economy solutions. The impact of this programme and partnership will be seen through the connections between our mission-driven founders and investors as the solutions created by the startups scale in the regions of Africa. Through this platform we recognise young Batswana who are turning their challenges into global businesses.”.We continue to invest and empower the youth with requisite skills, finance and support to adopt new climate and technological advancements.“This is a great initiative that will unlock possibilities for the youth and empower. It is tenets like these that we leverage to solve youth employment and entrepreneurship. Reviving the SME sector and supporting startups and programmes like this requires funding so we can all build Botswana’s economy. Botswana is our home, and we support her growth, and we work at every turn to improve the lives if her people.” Concluded Minta.ENDS.
