To support entrepreneurship in Gabon, the African Financial Company (Cofina) has granted a fund of CFAF 250 million ($456k) to Ogooué Labs. Aimed at small and very small businesses in their development phase, this funding aims to support the StartX 241 program initiated by the incubator.
Read also: Nine Startups Get $ 1 Million From Future Africa Fund
The objective of the program is to accelerate the industrial scale-up and distribution of startup products from French-speaking countries to new markets. This fund will enable Ogooué Labs to create 10 startups, and to train, through its training center in digital professions and leadership School 241, 20 Gabonese entrepreneurs in startup management.
Supporting these 10 startups will allow the creation of 40 direct jobs for young Gabonese. Entrepreneurs, traders and artisans who enroll in the 241 School’s training program can also benefit from this funding. In the long term, the incubator aims to support VSEs and SMEs towards the transition and digital transformation of the School. economy.
Recall that Ogooué Labs signed on November 19 an agreement of more than 13 million FCFA ($23k) with the French Development Agency, to provide Gabonese populations with official information on the Coronavirus and the means to protect themselves from it.
Read full article here
GetFundedAfrica’s mission is to uplift people and economies in Africa through entrepreneurship; helping companies find funding, grow, create jobs and solve society’s greatest challenges
Guest Contribution, GFA Attract & Application Portal For Funding
GFA Attract Interview
Katherine (Kate) Pam is a seasoned Business Consultant and Social Entrepreneur with over 17 years of experience in consulting, oil and gas and financial services sectors. She is Group CEO of The Stalwart Group, which comprises three thriving subsidiaries. Watch Here
GFA Attract Interview
In this Episode of GFA Attract we interviewed Efemini Awosika who is the CEO of Robert &John and Efemini Academy, shehas worked professionally for several years, schooled in different continents and obtained a number of degrees now an entrepreneur. Watch Here
Apply For Funding
GetFundedAfrica provides equity capital from $1,000 to $50,000.
For larger amounts (Above $50,000)
we organize syndicated funding rounds of up to $500,000.
Apply Here
Follow Us
“Business is always a struggle. There are always obstacles and competitors. There is never an open road, except the wide road that leads to failure. Every great success has always been achieved by fight, every winner has scars. The men who succeed are the efficient few –they are the few who have the ambition and will-power to develop themselves. So choose to be among the few today.”
– Chris Kirubi, Centum Investment, Kenya