• What we do
  • The People
  • About Us
  • Why Innovation Africa
  • Contact Us
Innovation AfricaCreating the Future Today
  • Feature Articles
  • Innovation
  • Agriculture
  • ICT
  • Technology
  • Entrepreneurship
  • Health
  • Store
  • Contact Us
Menu
  • Feature Articles
  • Innovation
  • Agriculture
  • ICT
  • Technology
  • Entrepreneurship
  • Health
  • Store
  • Contact Us
  • What Are Tech Company Start Up Costs in 6 African Countires?

    July 7, 2014 Editor 0

    As a venture capital firm, Savannah Fund is interested in the differing variables that can affect entrepreneurs in the countries of startups we have or will invest in. One of the key metrics we want to understand more about is first year startup costs.

    In this research study, we asked hubs and about three startups per country for their first-year startup costs. These costs include: web hosting, internet, entry level engineer, engineer with 3-5 years of experience, shared apartment (for 3 people), workspace desk rental, legal costs, business permits, accounting, travel, and admin/sales.

    While our sample size was relatively small, we were interested in seeing the differences between startup costs with a sample from our investments or potential investments.

    There are a number of variables that could change these numbers, such as industry of startup, personal preferences of startups (which could affect size of home and willingness to spend on personal costs), etc. Also, since these numbers may vary from startup to startup within countries, we averaged the numbers we received.

    This post is by Audrey Cheng who works for Savanna Fund


    Go to Source

    Related Posts

    • Gambia: Internet Bandwidth Increases Four-Fold in GambiaGambia: Internet Bandwidth Increases Four-Fold in Gambia
    • M-Farm receives funding from M-Pesa FoundationM-Farm receives funding from M-Pesa Foundation
    • Influence of personal traits on social entrepreneurship intention: an empirical study related to TunisiaInfluence of personal traits on social entrepreneurship intention: an empirical study related to Tunisia
    • The impact of social media characteristics on e-commerce use behaviour among youth in developing countriesThe impact of social media characteristics on e-commerce use behaviour among youth in developing countries
    • Econ 101: Three different ways to lift girls out of povertyEcon 101: Three different ways to lift girls out of poverty
    • Community-based education programs in Africa: faculty experience within the Medical Education Partnership Initiative (MEPI) network.Community-based education programs in Africa: faculty experience within the Medical Education Partnership Initiative (MEPI) network.
    Sovrn
    Share

    Categories: ICT

    Make Your Marketing Content Useful Behind the Scenes of ‘Startupland’: A Documentary that Tells the True Stories of Entrepreneurs

    Leave a Reply Cancel reply

    You must be logged in to post a comment.

Subscribe to our stories


 

Recent Posts

  • Entrepreneurial Alertness, Innovation Modes, And Business Models in Small- And Medium-Sized Enterprises December 30, 2021
  • The Strategic Role of Design in Driving Digital Innovation June 10, 2021
  • Correction to: Hybrid mosquitoes? Evidence from rural Tanzania on how local communities conceptualize and respond to modified mosquitoes as a tool for malaria control June 10, 2021
  • BRIEF FOCUS: Optimal spacing for groundnuts in smallholder farming systems June 9, 2021
  • COVID-19 pandemic: impacts on the achievements of Sustainable Development Goals in Africa June 9, 2021

Categories

Archives

Popular Post-All time

  • A review on biomass-based... 1k views
  • Can blockchain disrupt ge... 762 views
  • Apply Now: $500,000 for Y... 755 views
  • Prize-winning projects pr... 716 views
  • Test Your Value Propositi... 688 views

Recent Posts

  • Entrepreneurial Alertness, Innovation Modes, And Business Models in Small- And Medium-Sized Enterprises
  • The Strategic Role of Design in Driving Digital Innovation
  • Correction to: Hybrid mosquitoes? Evidence from rural Tanzania on how local communities conceptualize and respond to modified mosquitoes as a tool for malaria control
  • BRIEF FOCUS: Optimal spacing for groundnuts in smallholder farming systems
  • COVID-19 pandemic: impacts on the achievements of Sustainable Development Goals in Africa
  • Explicit knowledge networks and their relationship with productivity in SMEs
  • Intellectual property issues in artificial intelligence: specific reference to the service sector
  • Africa RISING publishes a livestock feed and forage production manual for Ethiopia
  • Transforming crop residues into a precious feed resource for small ruminants in northern Ghana
  • Photo report: West Africa project partners cap off 2020 with farmers field day events in Northern Ghana and Southern Mali

Tag Cloud

    africa African Agriculture Business Business model Business_Finance Company Crowdsourcing data Development East Africa economics Education Entrepreneur entrepreneurs Entrepreneurship ethiopia ghana Health_Medical_Pharma ict Information technology Innovation kenya knowledge Knowledge Management Leadership marketing mobile Mobile phone nigeria Open innovation Organization Research rwanda science Science and technology studies social enterprise social entrepreneurship south africa Strategic management strategy tanzania Technology Technology_Internet uganda

Categories

Archives

  • A review on biomass-based hydrogen production for renewable energy supply 1k views
  • Can blockchain disrupt gender inequality? 762 views
  • Apply Now: $500,000 for Your Big Data Innovations in Agriculture 755 views
  • Prize-winning projects promote healthier eating, smarter crop investments 716 views
  • Test Your Value Proposition: Supercharge Lean Startup and CustDev Principles 688 views

Copyright © 2005-2020 Innovation Africa Theme created by PWT. Powered by WordPress.org