4. INCUBATOR CONCEPT

4.1. UAE-AFRICA MENTORING AND DEVELOPMENT CONSORTIUM Incubator Concept will target

new entrepreneurs and early stage businesses, technical support, and value chain linkages that will provide

access to inputs, new markets and industry experts to help them create innovate solutions that can capitalise on

business and commercial values chains in Africa with the emphasis of global championing and building bridges

of the unicorns in Africa, the UAE and other world markets.

UAE-AFRICA MENTORING AND DEVELOPMENT CONSORTIUM Incubator Concept will be based on

two (2) models as follows:

 Start-Up Building Program: A partnership with “key” universities to run “idea” stage program.

 Small & Medium Sized Businesses (SMEs) Capacity Building: Running a 3-month mentoring

program with select business graduates, migrating to campus -based business incentive program,

allowing to bring local prospective entrepreneurs on-board and provide critical training, championing

the entrepreneurs’ business models on a local and global scale and allow for critical business pitching

in the right forums including with World Business Angels Investment Forum (WBAF), a UAMDC

partner at WBAF’s global forums including South Summit- Spain in October 2018.

4.2. UAE-AFRICA MENTORING AND DEVELOPMENT CONSORTIUM Incubator Pitching Historical

1. 2015: Mentored 100 SMEs. Limited access to a pitching platform.

2. 2016: Mentored 60 SMEs. Limited access to a pitching platform.

3. 2017: Mentored 60 SMEs. Limited access to a pitching platform.

4. 2018: From over 900 interested UAMDC Incubator Program applicants’, the top 100 SMEs

have been selected by a jury of global and local mentors and the business incubator mentees are

in process of being mentored in an intensive 3-month program and will have access to the

following:

 UAMDC/WBAF partnership has provided access to various pitching platforms including

the world famous South Summit.

 An extended special invite by the WBAF member, High Commissioner of Ghana (UK),

Dr. Tina Allton; an UAMDC partner, to ten (10) of the best UAMDC incubator business

teams will be selected and invited to attend and who are ready to pitch their business

concept at SOUTH SIDE (MADRID, SPAIN, OCTOBER 2018).

 Local and global pitching opportunities are envisioned and are being developed by

UAMDC and respective partners for the incubator mentees.

 Global start-up championing by UAMDC & partners to be held at Pentecost University,

the Pentecost Convention Centre and to include special guest, Chairman of WBAF and

other global dignitaries at the largest gathering in Africa to support start-ups, Business

Development & Start-Ups Conference (ACCRA, GHANA, SEPTEMBER 2018).

4.3. UAE-AFRICA MENTORING AND DEVELOPMENT CONSORTIUM Business Incubator SMEs

Model is a capacity building program. When the start-ups reach the two (2) years matured to SMEs level status,

UAMDC evaluates the best strategies to support them including with capacity building, business development

to attain next level success and equity finance support and vis-a-vis customized consulting programs offered by

UAMDC principals while inviting partners in the incubator mentee process to include both pre-selected top

local and global executive mentors (i.e. CEOs and other dignitaries). At every stage of the incubator program,

the mentees will be reporting their business results to the principal mentors in a “report-card” type fashion for

effective mentors’ evaluation of the mentees’ business goals achievements and next steps solutions counselling

such as in the following examples:

 Fintech Firm: What is the best way to champion the SMEs and pair them with

identified principals in finance and accounting which can include support of the

same mentors’ organizations and or by key introductions by UAMDC and partners?

As such, they will be able to obtain experience and obtain funding for their cash-

flow as they will charge a certain amount for their services.