Warning: include(/hermes/bosnaweb10a/b2063/sl.afribizgroupcom/venturecult.com/wp-content/plugins/wp-super-cache/wp-cache-base.php): failed to open stream: No such file or directory in /hermes/bosnacweb01/bosnacweb01bf/b2063/sl.afribizgroupcom/afribizaccel/wp-content/plugins/wp-super-cache/wp-cache.php on line 65 Warning: include(): Failed opening '/hermes/bosnaweb10a/b2063/sl.afribizgroupcom/venturecult.com/wp-content/plugins/wp-super-cache/wp-cache-base.php' for inclusion (include_path='.:/usr/local/lib/php-5.6.30-precise/lib/php') in /hermes/bosnacweb01/bosnacweb01bf/b2063/sl.afribizgroupcom/afribizaccel/wp-content/plugins/wp-super-cache/wp-cache.php on line 65 Warning: include_once(/hermes/bosnaweb10a/b2063/sl.afribizgroupcom/venturecult.com/wp-content/plugins/wp-super-cache/ossdl-cdn.php): failed to open stream: No such file or directory in /hermes/bosnacweb01/bosnacweb01bf/b2063/sl.afribizgroupcom/afribizaccel/wp-content/plugins/wp-super-cache/wp-cache.php on line 82 Warning: include_once(): Failed opening '/hermes/bosnaweb10a/b2063/sl.afribizgroupcom/venturecult.com/wp-content/plugins/wp-super-cache/ossdl-cdn.php' for inclusion (include_path='.:/usr/local/lib/php-5.6.30-precise/lib/php') in /hermes/bosnacweb01/bosnacweb01bf/b2063/sl.afribizgroupcom/afribizaccel/wp-content/plugins/wp-super-cache/wp-cache.php on line 82 Afribiz Accelerator | Transforming Ideas into Sustainable & Profitable Ventures

Transform Your Idea into a Venture Now!

We are so into African entrepreneurs that we provide you with a roadmap to transform your idea into a venture. And to top that off, we provide a free on-demand workshop to walk you through transforming your idea into a business model - the first milestone needed to attract resources, investors, funders, etc.

Download the Roadmap
  • Learn the Key Factors Involved in Developing Your Venture in Each Stage.

    Learn the Key Factors Involved in Developing Your Venture in Each Stage.

  • Learn How to Prepare Projects for Financing and Investment for FREE!

    Learn How to Prepare Projects for Financing and Investment for FREE!

1. Roadmap

1. Roadmap

Use the Venture Development Roadmap to determine where you are in the venture development process.
Read More
2. Biz Model

2. Biz Model

Next, create or refine your business model, using our free webinar series, "Ramping Up to Venturing," or sign up for one of our Venture Creation cohorts now.
Read More
3. Beach Head

3. Beach Head

Next, mature your venture so that you have a working model and small, but significant presence in the marketplace. Sign up for one of our next cohorts across Africa.
Read More
4. Launch

4. Launch

Next, continue to mature your venture until it is ready for a larger launch (start-up). Sign up for one of our next cohorts across Africa.
Read More

Project Preparation Basics Path

The following are the on-demand sessions available:

Read More

Project Preparation Basics: Project Development Process and Project Definition

upp-session4-coverslide

This is a free on-demand webinar session, which is part of the free webinar series, “Project Preparation Basics.” If you do not have access, sign up for our free subscription.

This content is for Venture Explorer members only.
Log In Register

Project Preparation Basics: Content and Contextual Factors (Part 2)

upp-session3-coverslide

This is a free on-demand webinar session, which is part of the free webinar series, “Project Preparation Basics.” If you do not have access, sign up for our free subscription.

This content is for Venture Explorer members only.
Log In Register

Project Preparation Basics: Content and Contextual Factors (Part 1)

upp-session2-coverslide.jpg

This is a free on-demand webinar session, which is part of the free webinar series, “Project Preparation Basics.” If you do not have access, sign up for our free subscription.

This content is for Venture Explorer members only.
Log In Register

Project Preparation Basics: Introduction & Key Project Components

upp-session1-coverslide

This is a free on-demand webinar session, which is part of the free webinar series, “Project Preparation Basics.” If you do not have access, sign up for our free subscription.

This content is for Venture Explorer members only.
Log In Register

Afribiz Announces Free Project Preparation Workshop for African Project Developers and Institutions (Press Release)

 

June 22, 2015, Charlotte, NC USA

In several reports in the last few years, including one by the Infrastructure Consortium of Africa, it is noted that gap in project implementation in Africa has not been finance for bankable projects but in project preparation, or development of bankable projects. In response, programs by the African Development Bank, government agencies, and many others were developed to address this but by and large these programs are not easily accessible to the vast majority of project developers in Africa. There is no platform that is open to everyone. Today, Afribiz has turned the page in this arena with new online project preparation support, starting with a free online project preparation seminar for African developers and institutions. Read More

Project Development: Tools and Resources

The following are the tools and resources that accompany the Project Development path….

This content is for Project Developer members only.
Log In Register

Developing and Structuring Bankable Projects in Africa

The Afribiz Foundation has committed to increase the capacity and support for African developers, and other key stakeholders, working on or supporting projects from small to medium-size projects across industrial, infrastructure, and public service sectors. These types of projects are regularly tied to public private partnership and tender opportunities with government or major private sector entities.

We continually research and develop new tools and knowledge sets to this end, as well as offer our own methodologies, expertise, strategies, and tools that are used by the Afribiz family of companies for the enhancement of the overall project development community in Africa. This body of work is housed within our project incubator program called Developing and Structuring Bankable Projects in Africa, which consists of a workshop, practicum, value added support, and online platform. The following is a description of the current program.

Workshop Overview

Developing projects in sectors like energy,  industrial, public service, and other infrastructure is not just a technical task, but involves a full range of elements to develop a sustainable business model. This business model takes into account ownership structure, communities, understanding requirements for funding, capacity, technology, financial models, environmental and market analysis, etc.

Project developers, and their stakeholders, regularly find a heavier burden to bring all the necessary pieces together on small to mid-size projects in Africa. Many project developers find that having the technical capacity and/or connections is not sufficient to develop a bankable project.

This workshop helps build a comprehensive and holistic knowledge set within the project developer community in Africa. It focuses on developing the business model from idea through feasibility. (The follow-up practicum covers from idea through funding with a heavier emphasis on middle to late stage project development.)

The workshop pays special attention to the early stage to middle stage project development process – from idea to feasibility – where a lot of time is wasted and gaps exist. These stages are also known as “project preparation.” The workshop is designed to assist project stakeholders to accelerate and be more efficient at managing projects. It also prepares project stakeholders for the remaining stages of the project development process.

This workshop is suitable for government agencies, private sector, communities, developers, technical teams, and technical support agencies. The workshop, and other options, is also excellent for building holistic capacity in organizations that develop and/or support projects in Africa.

SEE for Yourself

To get an idea of the project development process and the different activities, tools, and resources you will need and will get from the workshop, watch the webinar session below. It covers the project development process and project definition document of renewable energy projects. The process and project definition is similar for other industrial and infrastructure projects although content will vary depending upon the type of project.

You can also sign-up for FREE for the Understanding Project Preparation webinar series, which includes the first 13 sessions of the Developing and Structuring Bankable Projects in Africa on-demand webinar series but does not include access to tools, resources, support, or experts. Understanding Project Preparation can help you evaluate where you are with your project and whether you want to participate in the Developing and Structuring Bankable Projects program.

Best Way to Benefit from this Workshop

Project development costs are often 10% to 20% total project cost. The early and middle stages of project development can be anywhere from 1% of the total project cost and up, and are required before tapping significant funding options. So, if your project is $10 million to implement it can cost you easily more than $1,00,000 to see it through concept development (the business case), proof of concept (prefeasibilit and feasibility), funds attraction (pitching to funders and investors), and financial close (acquiring required funding). A feasibility study alone can be upwards of $100,000 in this example.

If you do not understand the process, requirements, procedures, tasks, and activities for project development, you will waste time, effort, money, and often valuable relationships. For example, the concept development phase is almost always funded by the project sponsor/developer (or close associates), so you want to make sure your money is well spent.

This workshop empowers you with a process, methodology, and tools to assist you in bringing the key resources, partners, and capital together whether you are the project sponsor/developer or another key stakeholder on the project. The fee for this workshop is a small investment compared to the potential return on investment. And you can use what you learn over and over again so that your investment multiplies.

We recommend that you use this workshop in the following way:

  1. Educate yourself about what is needed to take a project from an idea to implementation and get it funded. Learn about the process, tasks, activities, expectations, requirements, documentation, agreements, best practices, and tools available in one workshop as a foundation instead of having to do your own research over months or hiring a consultant to do everything for you. If you want to go this last route, our sister company, Afribiz Group, can assist you or we can recommend others for you to reach out  to.
  2. Engage with all key stakeholder groups in the projects development early in the project’s development. Depending on the type of project, you need to get buy-in from financiers, investors, EPCs, landholders, contractors, engineers, communities, government, etc. to move your project through the development cycle. You need these stakeholders to get to bankability, funding, and implementation. We show you how, and when, to work with them in the process, as well as provide tools to manage the engagements.
  3. Do some of the heavy lifting in the early stages yourself. Develop key aspects of the project yourself, including the project definition, concept document, and pre-feasibility document to the best of your ability. Continue to do this throughout the entire project development process. We share templates and examples with you.
  4. Get experts involved. You will not bypass needing assistance from experts (e.g., business, legal, accounting, technical). However, you will be able to scope their work effort better and be actively involved so that your objectives are being met and your cash flow is managed. We introduce you to industry experts, including funders, in the workshop (live sessions) but then work with you and them more closely in the practicum, or incubation, program to get your project to bankability so that you can attract capital, resources, and partners.

Workshop Sessions

The workshop sessions are:

  1. Introduction and Key Components of Projects
  2. Content and Contextual Factors of Projects (Part 1)
  3. Content and Contextual Factors of Projects (Part 2)
  4. Project Development Process and Project Definition
  5. Developing and Managing Projects: Idea to Concept
  6. Developing and Managing Projects: Concept to Prefeasibility
  7. Developing and Managing Projects: Prefeasibility to Feasibility
  8. Key Stakeholders
  9. Leveraging Networks and Value Chains
  10. Developing Project Ecosystems
  11. Developing Project Partnerships
  12. Developing and Managing Projects: Feasibility to Funding
  13. Initial Data Gathering & Contextual Analysis
  14. Project Building Blocks: Customer & Markets, Collaborators & Competitors, and Channels & Chains
  15. Project Building Blocks: Community & Stakholders, Circles of Influence & Champions, and Communication & Feedback
  16. Project Building Blocks: Complex (site), Configuration (technical solution), and Construction, Commission, & Operation
  17. Project Building Blocks: Company Ownership & Structure, Capacity & Capability, and Credibility
  18. Project Building Blocks: Concerns & Conflicts (risks) and Consequences & Sustainability
  19. Project Building Blocks: Common Good, Creation (of value), and Compound (leverage and multipliers)
  20. Project Building Blocks: Commitments and Cash & Cost
  21. Project Building Blocks: Capital, Finance, & Economics
  22. Capitalization Strategy for Project Development

On-Demand Webinar Series Option

You can access the workshop anytime and anywhere with an annual Project Developer subscription, which gives you access to the session recordings, tools, and resources. New content is added regularly. If you want to try out the workshop, you can sign up for a Project Preparer subscription, which gives you access to 13 of the 22 sessions but does not include the tools or resources.

If you decide at a later point to take a live workshop, either online or face-to-face, you will receive 40% off the fee if you are signed up for the Project Developer subscription.

SIGN-UP NOW

Live Webinar Series Option

For online participation, we offer the workshop in either a 24-week or 12-week format. If the workshop is offered as a webinar series over 24 weeks, workshop participants meet online for 1.5 hours a week. If the webinar series is over 10 weeks, workshop participants meet online twice a week for 1.5 hours each time. The same  content is covered but in an adapted format to include both instruction and coaching. Also, industry experts, including funders and transaction advisors, help moderate different sessions.

The on-demand sessions are used as preparation for each live session.

Check our events page for live online workshops currently being offered. 

Face-to-Face Option

For face-to-face engagement, the workshop is offered in a five-day format. Again, the same content is covered but in an adapted format to allow for interaction, Q&A, and activities. Also, industry experts, including funders and transaction advisors, help moderate different sessions. The on-demand seminar is provided as ongoing support and refresher for workshop.

Check our events page for face-to-face workshops currently being offered. 

Follow-Up Practicum*

The follow-up practicum is designed to help project developers, and others, walk through the project development process through funding. Key project stakeholders receive support in building a sustainable business model for their projects. The practicum consists of:

  • Eight weeks of online/offline 2-hour group coaching sessions
  • Two one-day, face-to-face sessions with project development experts, including finance, technical assistance, and government to provide advice for bringing the project closer to bankability and potential financial close. These are conducted one month a part following weekly group coaching sessions.

Value Added Support*

After participants have completed the workshop and practicum, Afribiz can offer customized individual or group support to assist in carrying through financial close. For further information, contact our office.

Project Stakeholder or Private Group Custom Options*

Many organizations, industry, government agencies, and project teams will find value in having the workshop, practicum, and/or value added support tailored to the needs of their projects. The methodology, framework, and tools provided enable teams to have a common understanding, capacity, and execution methodology that brings all key stakeholders to the table.

Afribiz’s approach is to format the engagement as a project team ramp-up versus a general workshop and/or practicum. This allows the project to advance at the same time the team (key stakeholders) is developing and capacity is being built. This model of capacity building has been shown to be of greater value since the tasks and methodology are fully contextualized to a current project. For further information, contact our office.

*These options are not part of the workshop, so therefore, they have separate pricing structures. The options are made available upon request, contact us if you are interested in learning more.

Project Development Path

 

These are the steps to complete to successfully work your way through the Project Development path.

Read More

Step 24: Developing, Implementing, and Monitoring a Venture Development Plan

Slide24

Step 24, Developing, Implementing, and Monitoring a Venture Development Plan, pulls together the previously addressed tasks and activities for venture development into a project plan that can be implement and monitored. It adds a means to manage the venture development process to assist in staying on track with the venture development process. It also sets a precedence that is used when reporting to key stakeholders like investors.

This content is for Venture Creator members only.
Log In Register