Unreasonable East Africa

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The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man. ~ George Bernard Shaw Unreasonable East Africa was started in 2013, aiming to develop the East African economy by supporting the growth of early stage impact entrepreneurs. They mainly work with teams building products and services that both provide access to basic human ...

The world is coming, Africa beware: Part 2

Part Two of an article from our Viktoria Ventures archives by founder, Stephen Gugu.   On to the conference! DEMO Africa showcases 40 African tech based innovative businesses annually. It was inspiring to see how much the Nigerian government has taken tech as a catalyst for growth of its economy seriously. For instance the DEMO conference has now been held in Nigeria for two years; it started off in Kenya but in 2013 after two ...

The world is coming, Africa beware: Part 1

An article from the Viktoria Ventures archives by founder, Stephen Gugu.   I am currently on a flight from Lagos to Nairobi after a week at the great giant of Africa, Nigeria. I arrived in Nigeria on 20th of September, 2015 and it's now seven days later; the past week has given me a number of insights to chew on following my first visit to Nigeria. I was attending Africa’s premier early stage tech ...

ViKtoria’s partnership with HEVA

ViKtoria actively supports the growth of entrepreneurial ecosystems in various sectors in East Africa and the creative sector is no exception. We are currently partnering with HEVA Fund, ‘an East African Company that believes in the transformative social and economic potential of the creative economy sector in the East African region’. Their sole purpose is to help creative producers of cultural goods and services grow profitable professional businesses. The process of ...

ViKtoria Ventures Startup Bootcamp April Edition Blog

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Introduction ViKtoria Ventures is committed to empowering budding entrepreneurs by equipping them with knowledge and skills that will help them: Evaluate the performance of their businesses Assess the funding needs of their businesses Prepare pitch decks Prepare to pitch to investors Negotiate with investors Manage post-investment communication We achieve the above objectives by coaching and mentoring entrepreneurs on a need to need basis as well as through startup boot camps held semi-annually. ViKtoria’s end goal is to prepare as ...

Faculty Spotlight: Steve Gugu Discusses Entrepreneurial Finance and Teaching at LBS

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Faculty lecturer Stephen Gugu taught on Entrepreneurial Finance to Lagos Business School MBA students, where he tackled Financial Modelling and some bits of Entrepreneurial Finance from 22nd to 26th of February, 2016.  Stephen, who works as an adjunct faculty member in Entrepreneurial Finance (ENFI) at Strathmore Business School (SBS) explained this opportunity as fulfilling and very interactive. Stephen has been teaching finance and entrepreneurship related courses for the past 9 years. ...

ViKtoria Ventures Angel Investor Networking and Pitching Event

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ViKtoria Ventures aims at finding and supporting scalable early stage businesses looking to fundraise for their businesses by offering mentorship and financial advisory services. Based on our experience, we have singled out local angel investing as one of the key factors to catalyse growth and eventual exits of companies in Kenya. Since 2014 we have hosted angel investor networking and pitching events - dubbed ‘ViKtoria Angel Network (VAN) Events’ - ...

VIKTORIA VENTURES ANGEL NETWORK 2015 UPDATE

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What is Angel Investing? Angel investing is still a nascent concept in Kenya as most people do not understand the role of an Angel Investor to startups. An Angel investor is more than a financier as business angels should offer the cash, mentorship and introductions to their investee companies, usually interacting at least once a month. It is well researched that Angels who have this level of interaction record better returns ...

Viktoria Ventures in partnership with HEVA Capital

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ViKtoria Ventures has been working in partnership with HEVA Capital since March 2014 through provision of advisory services. The first engagement was a research into the creative sector in East Africa to establish what financial interventions would be feasible and have the greatest impact on creative entrepreneurs. This research pointed to an accelerator with entrepreneurs getting funding to actualize their businesses as having the highest impact in the Kenyan ecosystem. ...

Picking Up Israel’s Culture of Innovation

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We came across this article titled “Picking Up Israel’s Culture of Innovation” by Dr. Bitange Ndemo, published in Daily Nation on the startup nation’s incredible innovation spirit.  Dr. Ndemo takes us back to the days of Herod, hypothesising the origins of enterprise. Read the full article below. As Dr. Ndemo recognises, the success of the trip was partially owed to none other than our very own Rachel Adelman. Good job ...