Reviewing a 3-year journey of Validate.global The results of an initiative for start-ups to open up high-growth markets. Reflecting on the fruitful partnership between INiTS | Vienna's High-Tech Incubator, Impact Hub Vienna and Impact Hubs in Accra, Kigali and Lagos, financially supported by the Austrian Development Agency. In total, Validate.Global supported three cohorts of passionate impact-driven entrepreneurs. Out of 221 applications from 21 different countries, 40 companies were selected. They benefited from a structured market entry approach, proof-of-concepts, stakeholder connections, market intelligence and travel grants. In addition, they received expert advice and access to office and event space in their target countries of Rwanda, Ghana and Nigeria. "We were able to develop a real roadmap for entering a new country. This is invaluable for attracting future investors!" was the feedback from one of the participating start-ups. And the results from the program are impressive: Over 25% of the start-ups launched projects and entered the target markets within the program duration. 50% of the start-ups continued to explore opportunities in their chosen African market after the program. 536 connections were created between start-ups and key players in the target countries. To summarize the program in the words of one start-up: "The programme has facilitated fantastic local contacts that will be critical to our success." Our learnings from Validate.global’s journey will lay a foundation for future initiatives of the implementing partners, as we are looking forward to continue supporting impact-driven innovators. Stay tuned for the upcoming opportunities! Mustafa Ozer Peter Tschuchnig
Info
Validate.global assists international entrepreneurs and innovators tackling the UN SDGs to explore new business and impact opportunities in new, developing markets. Validate.global builds bridges and combines the forces of international entrepreneurial ecosystems to provide comprehensive entrepreneurial support and access to an international network of potential co-creation partners and R&D-based startups. The program is led by Impact Hub Vienna and INiTS, Vienna's High-Tech Incubator, with funding support from the Austrian Development Agency. Together with local softlanding partners the program provides the much needed local knowhow and connectivity, orientation and business development support in the target markets, such as selected countries in Africa.
- Website
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https://validate.global/
Externer Link zu validate GLOBAL
- Branche
- Unternehmensberatung
- Größe
- 2–10 Beschäftigte
- Hauptsitz
- Vienna
- Art
- Personengesellschaft (OHG, KG, GbR etc.)
- Gegründet
- 2021
- Spezialgebiete
- startups, acceleration program, market access, SDGs, global goals, sustainability, impact, social entrepreneurship, impact investing, innovation und collaboration
Orte
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Primär
Wegbeschreibung
Vienna, AT