OUR GROWING IMPACT
We work with governments, DFIs and local licensees to build the African entrepreneurial ecosystem.
Uplifting the economy in Africa
Raizcorp is rolling out our world-renowned model across Africa and beyond. We are looking for partners (DFIs, multinationals, corporates) and local Raizcorp licensees.
Africa represents the paradox of both crisis and opportunity. The continent is battling to catch up with its infrastructure backlog, struggling to supply sustainable energy to its growing economies, and is becoming overwhelmed by a massive youth-unemployment problem. Corporate enterprises in Africa have limited capability to absorb employment and so entrepreneurship is seen as one of the most important tools for generating economic growth, solving economic problems and employing the youth.
In excess of 90% of the small businesses operating in Africa are informal, representing survivalist trading in goods and services on a micro-level. Of those small businesses operating formally, 96% fail within a ten-year period with over 50% failing within the first two years.
We are regarded as the gold standard in business incubation in Africa. We will work with your organisation to set up and operate an incubator or network of incubators designed specifically for your local context. We partner with university innovation hubs. We design and deliver entrepreneurial programmes
Without proper measurements, you cannot gauge the impact of your entrepreneurship development programmes (EDP). Each of our EDPs is uniquely developed for your organisation, and is rigorously measured and reported on to ensure that you can continually monitor the impact that your investment in entrepreneurial development is making on the ground.
We have over two decades of experience behind our name when it comes to accelerating success. We started out in 2000 as a business incubator, and have since firmly differentiated ourselves as Africa’s only sustainable business Prosperator™. Drawing on the best practices of business-incubator models worldwide, we have pioneered Prosperation™ – our own unique, world-renowned model of business incubation.
The success of any local economic-development programme lies at the intersection of three fundamental considerations: the strategic objectives of the programme; the budget for its implementation; and the practicability of its interventions in terms of facilities, infrastructure, human-resource requirements and so on. We work with your organisation to ensure that the programmes we design and implement with you, or on your behalf, meet your strategic objectives and budget.
According to The Economist, Raizcorp is the only genuine incubator in Africa. Our adherence to the highest levels of quality (we are the only incubator on the African continent to be recognised as a Centre of Excellence by the UK-government-affiliated Institute of Enterprise and Entrepreneurs or IOEE), our learning programmes and the learnings we have gleaned from rolling out and operating eight Prosperators™ have made us the gold standard in business incubation globally. We’ve been invited to present our high-touch Prosperator™ model at the World Economic Forum in Davos in Switzerland, at Oxford University’s Säid Business School, and to the World Bank. The Wits Business School uses our Prosperator™ model as a case study for its MBA student
Contexts in which Raizcorp operates
The urban context usually comprises high levels of economic activity, high levels of available skills and a complex supporting entrepreneurial ecosystem. As such, the Raizcorp models generally used in the urban context are Prosperators, Technibators and schools.
These are usually smaller towns with low yet significant economic activity, a lower abundance of skills and a rudimentary entrepreneurial support ecosystem. Raizcorp generally makes use of its Prosperator, Beacon and school models in this type of context.