Addis Startup
Addis Startup is a tech-based that empowers students and youth to build the practical skill sets that they require to start and run a sustainable business, inspiring their entrepreneurial spirit.
Problems that our company observes and wants to solve were our reason for building our startup.
Firstly, there is a substantial digital literacy gap among African youth, especially girls and youth who live in rural areas.
Only a small and repeated number of individuals have exposure to digital opportunities that help them to start their businesses, get training and mentorship, finance, and support that change their dream into reality.
Women have lower digital literacy and less access to internet-based opportunities. This suggests that women may be left out of increasingly digital options too.
There is no entrepreneurship club in school to familiarize students with a startup.
There is no chance for youth to Accelerate their startup journey that helps Ethiopian tech founders build sustainable businesses that offer impactful solutions by providing resources that accelerate innovation and business growth.
No customized curriculum applies in the Ethiopian tech ecosystem to support young students to help to start their ventures and avoid risks.
In Ethiopia, no organization equips young adults with entrepreneurial ideas with all the necessary skills and knowledge to put their ideas into practice. There is no way students get entrepreneurship/ start education in school.
in Ethiopia, around 15% percent of university graduates are jobless and to make things worse they don't even know how to build their own businesses with the help of digital opportunities.
our company proposes to solve the above problem by launching the Addis entrepreneurship school club and the Addis startup academy.
Addis entrepreneurship school club is a place where
Future entrepreneurs equipped with all the necessary skills and competencies to plan, implement and manage their own businesses
and
Addis startup academy is a place where
teach youth about startups to build practical skill sets required to start and run a sustainable business, inspire their entrepreneurial spirit, and drive change in their community based on our customized curriculum.
Our customized curriculum that works in the Ethiopian context help youth to access digital opportunities and create their own business.
We will partner with communities to help under-represented individuals successfully start their businesses.
Addis entrepreneurship club is a school club that will operate in the whole part of the country's high schools and colleges. Students starting from grade 9 can enter our club and get startup-related training, networking, competition, mentorship, book review, on-the-person and virtual training, startup analysis, business English, public speaking and communication skills, and business trip.
We will partner with schools and communities to help under-represented individuals successfully start their businesses.
Addis, startup academy is a startup academy that teaches youth about startups and digital opportunities with our own curriculum that developed from doing research and following startups for more than 3 years.
Support youth in building business skills and endeavors that foster financial independence, create jobs, and grow economies.
Our customized curriculum that applies in the Ethiopian tech ecosystem supports youth to get and use digital opportunities and start their own venture and avoid risks.
increase entrepreneurship engagement by providing business consultancy for entrepreneurs with a proof of concept or in the process of starting a business
connect youth entrepreneurs to larger networks through mentors who act as role models to demonstrate models of success and help them examine their business plans and ideas, as well as clearly define their goals and obligations
support students and youth to build a practical skill set that they require to start and run a sustainable business, inspire their entrepreneurial spirit, and drive change in their community.
Support youth in building business skills and endeavors that foster financial independence, create jobs, and grow economies.
supporting community projects in Ethiopia to our current work in the youth entrepreneurship space, we have always been committed to inspiring Tomorrow’s Business Leaders Today to achieve their dreams and make an impact in their communities.
our team's Competitive Advantages include but are not limited to
developing a proven curriculum, bringing new strategies, working with the mass population, working with students, deep understanding of the sector, being based on problems, and partnering with community leaders.
we conducted research on the problem and work on startups for more than five years.
we have both successful and failed startups before so we have more expertise in startup and business development.
our team consists of people from different academic and experience backgrounds. consist of business persons, investors, founders, students, community leaders, school administrators, NGOs, government persons, and founders and advisors.
currently, we have already cocreated our customized curriculum was developed from studying more than 100 successful and failed startups in Ethiopia.
conducted user research in some schools and university students to know the demand for our service. MIT solved trained us on user research and awarded us $300 to further work on research and which helps us to understand the potential client and partners of our startup.
we have 5 partner schools, 2 universities, and 1 college as a partner and we are in the process of working with the Mastercard foundation to scale up our operation.
- Improving financial and economic opportunities for all (Economic Prosperity)
- Growth: An organization with an established product, service, or business model rolled out in at least one community, which is poised for further growth
Creation of an international collaboration network for young entrepreneurs where cooperation opportunities and new business ideas can be generated besides having the opportunity to share doubts, experiences, and good practices. Future entrepreneurs are equipped with all the necessary skills and competencies to plan, implement and manage their businesses.
Innovative entrepreneurial training courses developed, implemented, and continuously optimized.
We are the place aspiring youth entrepreneurs call to make sense of anything from their business ideas to strategies for implementing them, mentorship, and seeking seed funding.
Organizations of informal and non-formal education entrepreneurship clubs intend to help children and/or young persons to develop key competencies from very early ages.
Higher Education Institutions students must have the necessary experience and education before graduating. We partner with HEI to give training and work together. Investors will be also reached and invited to multiplier events to bring them closer to innovative entrepreneurial ideas.
Our planned activities for the next 12 months will be starting from registering our company to getting our first 10000 customers.
Firstly, in collaboration with MIT solved, we will develop, update and revise our curriculum. networking with people in the area of startups, NGOs, schools, investors, and businesses.
Then we will register our company and start our pilot program by organizing our first startup event that focuses on networking, how to start a startup, digital opportunities, entrepreneurship, and successful people sharing their experience also we will introduce our startup academy.
Then we launch our startup academy with our fully customized curriculum that accepts and trains students, youth, and job seekers to have the necessary skills in 21 century, especially in the digital world.
We will introduce and start our entrepreneurship club in schools after discussing it with potential stakeholders.
The last, We plan to launch 3 disruptive startups that will solve community problems, generate revenue, and create huge numbers of job opportunities, and sustainable business based on our customized curriculum. Finally, we planned to get our first 100 clients.
our solution is backed by technology to promote digital opportunities. we use AI to identify skills that fit his personality. we share opportunities, train them and track their learning using technology.
our AI algorithms match students and unemployed youth to the area of their expertise.
- Artificial Intelligence / Machine Learning
- Big Data
- Software and Mobile Applications
- Ethiopia
Our planned activities for the next 12 months will be starting from registering our company to getting our first 10000 customers. By the next year, we plan to serve around 10000 youth, 10 universities, 25 schools, and 10 colleges.
we will create jobs for around 50,000 youth by the job created by the entrepreneurs who got support from us.
the financial barrier to giving training to youth.
ARBA MINCH UNIVERSITY
NN incubation program
Beteseb Academy
youth associations
We plan to get revenue from multiple streams. And we classified it into 3. The first one is the business side, the second one is competition/grant, and the third one is partners.
From the business side, we get revenue from the youth registering to our academy, business development support and coaching for companies and startups, market research for startups who wants to enter into the new market, and weekly event ticket fee.
From grants, we seek partners to grant our project, especially in schools that support students. NGOs can sponsor students to get this education.
From partners, we get revenue from equity investment, organize their business competition and incubation, and give training.
we work with schools as B2B. schools charge students monthly base then will open school entrepreneurship clubs in the schools.