Start-ups and SMEs in Mali, Cote d’Ivoire and Sénégal and other countries in West Africa can now work towards next steps with SuguLab, a complementary entrepreneurial service. The new service will help them identify potential investors, expand to a new market and raise financing.
Start-ups that want to apply for support, need to be legally registered, have a minimum of 2 years of existence and have an innovative business model with strong job creation potential that aims to provide a solution for the poor.
SuguLab was launched by Suguba, a Malian-based regional platform that fosters entrepreneurship and regional integration. According to Suguba, start-ups and SMEs drive economic growth, creating jobs, and engineering solutions to various development challenges. Small businesses also lack access to expertise, advisory support, networks, and financial resources needed to start new ventures. On Africa.com, Suguba’s co-founder Fayelle Ouane said: “We will use our deep investor network, our investing experience and our general management experience to enable you to accelerate your performance.”
Further reading on Africa.com