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Progress Recycling Glass at Bricolage Dynamics

After a successful crowdfunding in 2022, Bricolage Dynamics now has a commercial-scale processing center that is busy recycling post-consumer glass into sand, for use in construction and landscaping. The plan for 2023 is to begin franchising their glass to sand model. If you know of a community that is not collecting glass, or any municipal recycling company that is sending most of their...

Filling in the Missing Middle

“The Missing Middle” is what we call the gap in finance the majority of entrepreneurs face in getting from a viable prototype or early customers to a full-scale proven business. In Part 1, Luni explains who he is, and how he came to fill in this otherwise missing middle.   In Part 2, Luni jumps back to the history of venture capital to explain the pervasive paradigm that leads to...

The Best Inventions of 2022: Evnru’s NuCycl

Every year, we collectively throw away 50 million tons of clothes and other textiles worldwide. With its 100% waste-based, fully recyclable NuCycl fiber, launched in April, Evrnu aspires to create a virtuous textile cycle. NuCycl is made by chemically liquefying old textiles into their essential molecules, purifying the liquid pulp, and then extruding the pulp into fibers to be spun into yarn...

Visiting Paniel Meat Processing and Livestock Bank

Paniel Meat Processing and Livestock Bank, two companies created by the same founder merged back together in early 2022. Business is good, growing from $35,000 in annual revenues back in 2017 to over $1.5 million USD in 2022.

In short… it works. Quite well. To see what that means in practice, below is a site visit video shot this month in Kigali, Rwanda.

Fertilizing, weeding, and watering (investors)

Too many first-time entrepreneurs ignore the needs, desires, and goals of investors, focusing solely on their own needs, desires, and goals. Try thinking of investors as a field of crops. Planting seeds is when you meet new, potential investors. You can’t harvest the day you plant. You have to fertilize and weed and in some climates water those crops if you want them to grow. If you just...

There is always more to know

The best part about accelerators is how many people you get connected to while in the program. Those entrepreneurs who suck the most value from accelerators take advantage of that new network. And not just to get answers to the most pressing challenge, but to find what the mentor, guest, etc. might know that you don’t, as extracting that knowledge doesn’t just not cost the other...

Accelerator vs. Investor

The best accelerator programs invest in their invitees, but the way accelerators invest and the mindset behind their investments is vastly different than venture capital funds and Angels, and a vastly superior process. Three key differences are: Batches Accelerators run cohorts of participants and thus choose companies in batches. Venture capital funds (and Angels, which follow the model of VCs...

Startup accelerators in 2022

It’s a new year, but another year full of unknowns, pandemics, and thus challenges for scheduling startup accelerators. In 2021 most of the Fledge programs were shelved, with Start.coop and The Land Accelerator running multiple virtual programs and The Land Accelerator Africa finishing up its program in person in Nairobi in November. Those two programs will run again in 2022. Hopefully the...

$270,000 in 2 hours

One of the most common problems faced by the fledglings is large, unexpected orders by customers. How is that a problem? Big customers don’t pay upon ordering, nor upon delivery, but typically 30 or 45 or 60 days after delivery (a.k.a. Net-30, Net-45, or Net-60). It thus takes money to make money, as young companies can’t typically pay the same Net-30/45/60 to their vendors. The...

Three crowdfunding campaigns

Crowdfunding is now working at scale… and at the moment there are three campaigns underway for fledglings, including one that covers 27 African fledglings.

wefunder.com/arqlite

wefunder.com/shift.labs

wefunder.com/africaeats

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