ECatalyst believes that there are heroes in every community, no matter how disadvantaged, with great ideas to start transformative businesses. However, few step forward to start because they do not know how, do not have the resources they need, or are not sure anyone would support them if they tried. But what if those same entrepreneurs had access to world-class training, had mentors and business leaders eager to find resources for them, and a community of entrepreneurs together with whom they could try, fail, and try again? Then great ideas are worth attempting, and entrepreneurs become heroes.
At ECatalyst, our focus is on helping an area or a community through their entrepreneurs. We believe that entrepreneurs are supported best by local ecosystems which provide more than just knowledge, funding, or incubation programs. An entrepreneurial ecosystem is a network of entrepreneurs, mentors, leaders, and investors that catalyze entrepreneurship in a community. As an ecosystem grows, businesses launch, jobs are created, local problems get solved, the economy expands, and the entire community is transformed.
It starts with gathering the key players. We work with catalytic leaders in the community to identify potential entrepreneurial heroes and committed Business Leaders who can begin the ecosystem.
Next we take potential entrepreneurs through ideation... what needs do they want to solve and what ideas do they have for solving them. We connect them to mentors and other entrepreneurs and the magic starts!
For the next 10 months we walk entrepreneurs through the step-by-step, MIT process to launch their businesses, find funding, and start to grow. And all the while we are connecting them to the ecosystem, and the ecosystem to them.
Business Development /
Addis Ababa, Ethiopia
Catalytic Leader and Ecosystem Coordinator
Chief Coach & CEO
Elle's Cakes and Bakes