ThinkBiz Africa Small Business Centres that generate income and support education

ThinkBiz Africa

Fundraising

Idea

We have an elevator pitch. We plan to execute a proven concept in a growing market.

We leverage solar power to provide a range of products and services at low prices. This includes a range of consumer products and services such as clean water, electricity, mobile phone air-time and educational content via WiFi. Revenues will increase over time as complementary businesses are added via a shopping centre model.

Team

We have a business network and can get introduced to the right people. We can build the product - our team has what it takes. Given the time and money, we can deliver on our promises.

Paul Stevers, President & CEO, has over 30 years’ experience. Dr. Leif Rosenberger, Director of Education, Economics & Security. Roger Eshleman, President of our US company, has over 5 yrs’ exp. in Africa. Michelle Moore, Director of Finance, has over 15 yrs’ exp.

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Product

We have a working product and you can request a demonstration.

Currently, we know of no one else combining solar micro-grid, retail store, communication system, and an education eLibrary in one centre. We expect to be “first to market” in the villages where we install our SBiz Centres.

Revenue

We plan to start by building a community of passionate customers. We plan to monetise our offering in the next phase.

Our target market are residents of rural Africa. We estimate one SBiz Centre for every 7k people; there are about 695m people in rural Africa now. This translates to a Total Available Market of about 99k Centres; subsequently, we estimate that the serviceable obtainable market is about 15k. Within 6 months of operation, we expect the revenues of a SBiz Centre to be greater than $2,000/mo.

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Funding history is only visible to registered investors.

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Pro investors only

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1. Idea and Stage

2.   Are you working on this business full time?
3.   Is there a demo, prototype or working product?
4.   Do you have paying customers?
5.   Are you making a profit?
6.   Has the business existed longer than one year?
7.   Has the business existed longer than three years?
8.   Do you have more than five employees?
9.   Do you have more than 10 employees?
10.   Is your annual turnover more than USD $50,000?
11.   Is your annual turnover more than USD $100,000?

12. Team and Organization

13.   Is this your first time running a company?
14.   Have you started a business before in a similar/same sector?
15.   Have you exited a previous business successfully?
16.   Do you have co-founders?
17.   Is there technical/product development experience in the team?
18.   Is there sales and marketing experience in the team?
19.   Do you have an advisory board?
20.   Do you have a board of directors?
21.   Are you already incorporated?
22.   Do you have references?

23. Market and Marketing

24.   Do you know the size of your market?
25.   Do you know your customer acquisition cost?
26.   Do you know your profit margin per customer?
27.   Do you know how many customers you need to break even?
28.   Do you have signed contracts with marketing partners?
29.   Do you have signed contracts with customers?

30. Finance

31.   Do you have a finance expert in your team?
32.   Do you have a three year financial forecast?
33.   Have you calculated your break even point?
34.   Do you have audited financial statements?
35.   Have you invested your own money in the company?
36.   Have you received grant funding?
37.   Have you received outside investment?

38. Investment

39.   Do you need working capital?
40.   Do you need capital investment?
41.   Are you willing to give up equity?
42.   Are you willing to give up a majority share?
43.   Are you looking for debt finance?
44.   Do you prefer an active investor?
45.   Do you already have external shareholders?

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Pro investors only

Documents are only visible to registered investors.

Team

• 

  Michelle Moore

  Director Finance at ThinkBiz Africa
• 

  Dr. Leif Rosenberger

  Director of Education, Economics & Security at ThinkBiz Africa
• 

  Roger Eshleman

  President of US subsidiary (Think Renewables, Inc.) at ThinkBiz Africa
• 

  Africa Advisor Team

  Works at ThinkBiz Africa
• 

  Jubril Adeojo

  Strategic Advisor at ThinkBiz Africa
• 

  Paul Stevers

  President and CEO at ThinkBiz Africa

Updates