Team RM has announced it is launching a major entrepreneurial programme, African Programme for Investment in Entrepreneurship.’
Its objective, according to a statement by the organisation, is to advise, coach, and help competitive young entrepreneurs from Africa, particularly from Benin and Togo, to access appropriate financing through several components.
One of the instruments of Team RM- PAIE is the fundraising call for projects initiative, ‘The Nest Francophone Africa,’ whose process was recently launched.
The initiative is the fruit of the partnership sealed between Team RM and UNTAPPED, an international impact technology company. In addition to building on the recommendations of a previous webinar, ‘The Nest Afrique Francophone,’ is an efficient tool deployed to enable competitive African start-ups to benefit from financial instruments that can help them develop their business.
“While we are pleased with the outcome of the webinar, which had the merit of highlighting the essential role played by real economy actors in the resilience of our economies towards post-COVID, the Team RM is also pleased to have contributed to the accompanying measures taken by governments and international organisations. Other measures are also being developed and are being closely monitored by Team RM and its partners,” the statement said.
It added that ‘The Nest’ was a framework for connecting young entrepreneurs with potential ‘business angels.’
“These young entrepreneurs from French-speaking Africa in general and Benin and Togo in particular will have the opportunity to access adequate financing from investors around the world.
“With already ten editions of The Nest, for the benefit of English-speaking countries and in view of the many entrepreneurs already supported, the first French-speaking edition will be held in July 2020.
“As mentioned during the webinar and announced at its conclusion by the honorary president of Team RM, Mrs. Reckya Madougou, this program to finance the competitive entrepreneurs of THE NEST is the fruit of the commitment of the think & do tank Team RM to promote and boost the potential of African youth, an ambition that is in line with the objective pursued by the CEO of UNTAPPED, investor Jim Chu,” it stated.
Meanwhile, the group has called for projects recently launched by young Africans from French-speaking countries, particularly Benin and Togo, who are looking for funding for innovative, productive, and profitable initiatives and projects.
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