Diageo Empowerment Trust South Africa
View projectsocialtechstartup.co.zaWe were approached to relaunch the Diageo Empowerment Trust South Africa's "Social Tech" incubation programme. The programme needed new vision in order to reach its objective of becoming a significant contributor to the african startup ecosystem. The program had to attract, empower and reward deserving South African Social Tech enterpreneurs. By helping them refine, and ultimately launch their startups to market.
The sharp edge of the wedge was choosing to laser focus on startups with deep social impact using technology to be profitable and scaleable.
The entire programme was run from end-to-end on an online cloud-based platform. By allowing the platform to handle the administrative load; like applications, giving access to resources, submitting updates, checking programme dates and event days, etc. programme managers were freed up to spend more time focusing on the entrepreneurs and their needs.
Through group workshops and one on one sessions we helped our cohort establish whether they have an actual product that people need. We went about this process by teaching all the participants how to test their assumptions using user research through applying design thinking principles, completing a business model canvas, doing revenue forecasts and building low-fidlity prototypes. After more sessions than we could count, we managed to ensure that each cohort member had a basic 1st version of their product ready for user testing. This included basic user flows and the best user experience possible for each prototype.
We paired small multi-disciplinary teams made up of a designer, developer and product manger with each entrepreneur full-time. This meant we were able to keep feedback loops fast ensuring precious time was spent on essential features only.
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Techstack we used:CSS, Django, Python, Wagtail CMS.
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Balltalent's amazing story from co-founders Latsego and Simon
We used the program software and video summaries to ensure all Diageo stakeholders were kept up to date on key milestones of the program to provide as much accountability as possible.
18 months of hard work culminated on the final pitch day. 15 of the top startups were provided the opportunity to engage with over 40 venture capitalists while the final 5 startups hit the stage and pitched their hearts out for a share of the R5 million investment capital fund.
Visit the website to see the results"The five startups were selected from among 2,256 applicants"
Read more"These ideas have been launched into the real world, and some are already getting their first customers, validating their ideas in market"
Read more"The central driving force in this challenge has been to stimulate meaningful, strategic growth and innovation in a key industry of our economy"
Read more"Social Entrepreneurs are taken from idea to launch, with expertise, support and seed funding offered to the most promising and scalable businesses."
Read moreInterested in learning more about the Social Tech Startup Challenge or any other projects?
Reach out to newbiz@urbian.io
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