Key Partners

Rapid Learning Africa – Entrepreneurs’’ International Exposure & Network HUB.

Bellatrix Capital – Financial service provider for SMEs.

Dololo Namibia – Entrepreneurs’ Incubator.

Kasi Vibe – entrepreneurs’’ Local Exposure Platform.

Olafika SME Development – Entrepreneurs’ training and coaching in business fundamentals organization.

StartUp Festival – Start-ups vs Investors & Funders Meeting Platform.

Caliber Capital Trust – Is an impact investor and financing from N$3 million up to N$30 million to SMEs.

African Stock Exchanges – Assist in easing the process for StartUps to IPO to access growth equity.

Cost Structure

Loan Loss Provision – Start-ups are inherently lossmaking, especially those that are innovative and challenging existing norms. This means they will need cash injections to perfect their concepts and ideas, while no revenue is forthcoming.

Partnerships and deal cost – NIF will partner with some Fintech companies and financial institutions with brick-&-mortar facilities through which money will be channelled to the entrepreneurs.

Key Activities

Encouraging and motivating Africans to become investors – by joining NIF which is a body focused on cultivating an investment culture in Africa by ordinary Africans.

Collecting cash contributions from Africans – the money will allow the seed/angel fund capitalise novelty concepts and ideas.

Fund Start-ups & SMEs – invest the collected cash

Key Resources

African Human Capital – contributing their money, time, skills, networks, and access to NIF for the benefit of Start-ups and SMEs.

NIF Intangible resources – Transparency, its values, vision and mission, and branding.

Key Metrics

  1. Number of contributors per month.
  2.  Total amount contributed per month
  3. Entrepreneurs satisfaction with NIF network access
  4.  Number of Investments per quarter made by: (a) NIF and or (b) NIF affiliated investors/contributors.
  5. Geographical coverage
  6. Number of IPOs per annum of StartUps/SMEs with NIF or NIF affiliates investments.

Value Proposition

Unique Selling Proposition (USP) – the only fully transparent and inclusive continental widely available angel fund that anyone can contribute and/or become part of.

Value Proposition (VP) – To inspire and give Africans the awareness to become [POISE]; producers, owners, investors, savers and entrepreneurs.

Customer Relationships

Personal assistance: Website and social media (WhatsApp).

Self-service: FAQs.

Automated service: Review, rating & feedback system.

Channels

Traditional customers – Use: Banks, Private Equity Firms. Entrepreneurs, StartUps and SMEs will access tailored financing products (more flexible and cheaper that those that used to be offered by these partner institutions due to NIF’s cheaper capital effect).

Tech-savvy customers – Use: Smartphone app (iOS/Android), technology platform.

Awareness – Local advertising (Radio, Newspaper, Website, and social media), word of mouth and via our partnerships.

Customer Segments

Entrepreneur/StartUps/SMEs Africans entrepreneurs.

StartUps with a goal to IPO by year 3 on any local stock exchange.

SMEs open to merging [for a (Pty) Ltd.] with other African SMEs offering similar service or enabling vertical integration to capture a larger market share. The new companies will then be listed on African Stock Exchanges.

Angel Funders/Contributors Altruism.

Investors

Unlisted – Provide de-risking capital to StartUps and SMEs.

Listed – African entrepreneurs companies on African stock exchanges.

Mentorship and Coaching – Invest time and networking access to elevate and expose the entrepreneurs/Startups/SMEs.

Revenue Streams Entrepreneur/StartUps/SMEs

Dividends, Share value appreciation, Bond Investments and Royalties. Companies will be listed on African Stock Exchanges.

Angel Funders/Contributors

Altruism – monthly contributions or lump sums. Minimum of R500 per contribution.

Investors

Free mentorship and coaching contribution to NIF affiliated entrepreneurs, startups and SMEs.

Customer Retention

Switching costs – Network integration & customisation costs à Portfolio creation and details à Superiority costs and Investors search costs for entrepreneurs/StartUps/SM Es.

Loyalty drivers – Reputation and association with African goodwill.

Control Points –First mover advantage (100% transparent Angel Fund based on Altruism) à Advantages in scale (continental) and scope (investors, entrepreneurs and capital markets/stock exchanges) à Network effects: More investors, better entrepreneurs experience. More entrepreneurs, more options for investors. Two-way referral. à Control over customer Interface via partnerships (convenience/security) à Brand advantage (African roots) àGeographical control: Rural areas and Urban areas coverage.

Competitive Advantage

  1. Core competitive advantage choice: Best cost provider strategy (differentiation & low costs). NIF values (i.e. 100% Transparent) and its noble mission enables an altruism culture that results in it accessing capital at zero cost.
  2.  Value discipline: Operational excellence. Being first to market with a product that works seamlessly. The product benefits and leverage from collaborations with strategic partners who are best in their zones of operations.
  3. Digital-physical orientation: Digital pure play selling physical products. Digital nature allows global scale with minimal infrastructural investments, supporting the low cost position. Partnership with Banks allow physical option.