From Idea to Business Plan : an entrepreneurship journey
- Julie Mbaye
- Jun 20, 2023
- 1 min read
Updated: Jul 19, 2023
And that's a wrap for 25 of our entrepreneurs !
On June 16th 2023, after two intensive weeks of work on their business idea, the young entrepreneurs presented their pitch deck in front of a TRACE Academia Shark Tank jury.
What a better way to celebrate #YouthDay and get inspired by the dedication of these youth who not only worked on creating profitable businesses but focused on projects impacting their communities. They create sustainable solutions that solve real problems or develop opportunities in South Africa💡 :
Adequate mental health and social services
Decent and affordable housing with refurbished shipping containers
Children development and education on sustainability with playgrounds
Efficient and sustainable vegetable production with hydroponic technology
Goat livestock farming closer to urban community for cultural and religious needs
Healthy and affordable eating habits through meal prep orders
Marula jam and delicacy to international market
"Free-from" confectionery store to cater for everyone's health
...
Aspiring entrepreneurs experienced how to ideate, define a business problem and validate their idea to build a proper Value Proposition and Business Model.
Through practical workshops, they learned all about the Business Plan components and managed to create and elevator pitch and professional presentation deck.
We are proud to hear that most of their key learnings are beyond the curriculum : we talk about power skills and skills of the future 🚀 .
They now value team work, collaboration and continuous feedback in their entrepreneurship journey to create job for themselves and others!
Next step is now to execute their first year plan and for many seek for fundings!
Related post : Entrepreneurship Bootcamp sponsored by TRACE
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