From Staff Reporter
Hosted by the U.S. Embassy in partnership with the Eight2Five Innovation Hub, the Venture Capital Workshop has helped entrepreneurs and start-ups grow and empower through life-changing training.
Venture capital is a form of private equity, a form of financing that investors offer to startups and small businesses that they believe have long-term growth potential.
A recent workshop in Harare was another initiative aimed at stimulating productivity and creating opportunities for emerging entrepreneurs and start-ups looking to engage investors.
Aside from looking for venture capital, Dawn Batts, director of entrepreneur hub Techtown Detroit’s Growth Capital, said entrepreneurs need to build sustainable businesses, whether they want investors or not. said.
Butts’ Hub helps Detroit-based entrepreneurs achieve their business vision and goals.
“Profit isn’t always the only thing that drives a business to attract investors. It’s mostly about the social impact that startups pursue,” said Butts.
The workshop provided an opportunity for entrepreneurs to learn how to work with investors to grow their businesses and build strong networks.
Participants were also taught how to identify up-and-coming competitors in the market.
The workshop also addressed proposed solutions to the concerns of competitive alternatives that investors might jump on.
Batts has over 20 years of experience in analyzing business opportunities, developing and executing strategic plans, and managing subsequent operational and compliance processes.
Her diverse professional experience and research have led to a solutions-based approach to addressing the myriad factors that drive economic disparities between women and men.
The Eight2Five Hub continues to empower and train young entrepreneurs, aspiring business owners and small businesses.
Workshops like this are part of the Hub’s mandate and continue to provide endless growth opportunities for innovators and business owners.
With the African Continental Free Trade Area (AfCFTA) rapidly operating, local businesses and start-ups are looking for new lines of credit to take advantage of business opportunities in the continental trade bloc.
Old Mutual’s Eight2Five Hub is open to anyone with visions and ideas to grow or innovate their business.
