TechBridge Invest is guided by the principles of triple bottom line to ensure that social, environmental and financial aspects are evaluated for performance.
Please find our TechBridge Results Report 2018 here
Through searching for the right opportunity
Through training, coaching and mentoring
Through selective investment decisions
We believe that social and economic transformation happens through creating a value added in profitable businesses and ensuring that as many of its citizens have access to decent jobs.
We believe in the untapped talent of highly educated young people.
We believe that by supporting dedicated, capable and ambitious young people with business ideas and early stage entrepreneurs building their entrepreneurial success, we can have a substantial and lasting effect.
We believe that our experiences in growing successful businesses is valuable for both aspiring entrepreneurs, co-investors and others that want to succeed in East-Africa.
Social and environmental impact
We aim at creating positive social impact through job creation and also through developing affordable products that solves problems for the underserved population.
We aim at having a positive environmental impact through actively searching for and assisting business ideas that reduces emissions, reduces waste or at the least do no harm and minimise environmental impact.
Our start-up portfolio
SUNami Solar offers convenient solar power solutions to homes and small businesses in the Coast and Eastern regions of Kenya, and in Uganda. The company boasts of a talented team that works to ensure that solar power is affordable and accessible to communities that are off the national power grid, providing affordable lighting, income generating appliances and power for subsistence use.
Brance is artificial intelligence that identifies and collects data on people and moving vehicles, providing detection and valuable insights for various segments.
Nupola Technologies offers real-time security alerts to small businesses.
Ishule is an online app that helps with administration and provides a platform for school and the parents.
Trove Movies provides a mobile app that enables one to book a ticket and seat number to cinemas.
Mcampus is an integrated platform to access academic data by the primary, secondary and university students and lecturers.
CHIP is an online platform that offers a financial solution for tabled banking groups
Solar Incubator is providing a solar power enabled egg incubator that ensures hatching and healthy chicks.
Global Mart is an online platform/website for selling building material.
Sheddool is connecting customers with vendors in the event and wedding planning market.
Emerald Homes is a VR Solution where property owners can visualize their properties to potential buyers and tenants.
M-CHOTA is a digital app that enables access to clean water for consumers.
Fasta Gas is an app that enables cooking gas distributors to track sales, communicate with customers and manage their stocks.
Savika connects individuals in need for short term loans to pawnbrokers, and manages the collaterals and agreements.
What we want to achieve
We want to create values – for investors and for aspiring entrepreneurs. We want to create values in a socially and environmentally responsible way, to create positive impact. We believe this is possible.
In the coming years, there is a need to create 122 million new jobs in sub-Saharan Africa. Currently, only 28% of the workforce is permanently employed with a fixed salary. Access to capital is essential for economic growth, sustainable companies that will last for long and job development. Foreign direct investment (FDI) to lower middle income and the least developed countries is very low; Only 1% of FDI went to least developed countries in 2015.
In addition to capital, there is a need for relevant training in business operations. Most jobs to be generated in the future will be from the private sector. A study has shown a strong correlation between incubators and GDP growth.
Our experiences have shown that training in market analysis, sales and marketing and financial planning is essential to putting business ideas into action and creating success. A product only represents 10-15% of what is needed to succeed in a market. Getting the right team with the right leadership is also a success factor. The TechBridge Entrepreneurship Program has this holistic approach. Through training in essential business elements and through mentoring by experienced people, the aspiring entrepreneurs acquire knowledge of what is needed to succeed in a market. Through the training program and active advice, the aspiring entrepreneurs will also test their ideas in practice. Real testing in a market with feedback from customers is important for further growth. Read more about our next entrepreneurship program here.
However, knowledge and experience it is not enough. Capital is another key factor. This program ensures that good business ideas get sufficient seed capital to be able to establish a company, develop the product idea and test it in a real market.
With this program, start-up companies gradually strengthen their ability to mobilize their own resources and ensure business operations through commercialization and investment.
Responsible Business Conduct Policy
TechBridge Invest and all companies we invest in have to follow our Responsible Business Conduct Policy. To learn more, download it here.