A year in the life of an incubator
April 11, 2017 Editor 0
Youth trained with The Next Economy methodology.
© Cesar Gbedema/Impact Hub Bamako
Last month, Impact Hub Bamako celebrated its first birthday. The first of its kind in Mali, Impact Hub Bamako is part of a global network of more than 15,000 members in more than 80 locations worldwide, from Bogota to Phnom Penh. Combining innovation lab services with incubator and accelerator programs and a center for social entrepreneurship, Impact Hub Bamako provides a unique ecosystem of resources, inspiration and collaboration opportunities for young, creative Malians working towards a common goal.
Co-founded by four young Malians — Fayelle Ouane, Kadidia Konaré, Mohamed Keita and Issam Chleuh — Impact Hub Bamako seeks to promote entrepreneurship and generate youth-driven solutions to Mali’s problems, as well as support women’s entrepreneurship and encourage social entrepreneurs to build a shared vision and work together for a collective impact.
“Establishing a community of young entrepreneurs was very important to us,” says Ouane, “so that everyone can build on and benefit from each other’s expertise and knowledge.” Indeed, Impact Hub Bamako hosts a diverse community of entrepreneurs, strategic advisors, architects, social workers, students, consultants, renewable energy specialists, and experts in agribusiness, ICT and corporate social responsibility.
By providing a shared space to work, as well as access to meeting rooms, events and that all-important internet connection, Impact Hub Bamako has given participants the opportunity to leverage each other’s expertise, as well as grow their professional networks not just nationally but globally, as Impact Hub boasts a multinational presence.
“This is our comparative advantage,” agrees Keita, now the hub’s director. “Our incubation/acceleration programs seek not only to promote the necessary conditions for job creation in our country, but also to professionalize our workforce and give them the tools to meet the demands of any employer.”
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- China to build agricultural research facility in Mali
- Entrepreneurship competition encourages the Malian diaspora to start businesses on their home turf
- Treasure-Hunting for Women Entrepreneurs
- Entrepreneurship takes stamina: How Mauritania is supporting budding entrepreneurs
- The Gender Gap in Access to Finance
Categories: World Bank PSD
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