{The Rwanda Start Up Cup Business Model competition was launched this year to promote entrepreneurship development in Rwanda while increasing the awareness of Global Entrepreneurship Week locally. This initiative identifies and supports 7 new key Startup’s that have the potential to grow into successful businesses in Rwanda.}
The Competition brings together people with different ideas in different sectors such as; agriculture, Technology, Mining, construction, as well as many projects that relate to the development of society. GW Creators organized this competition and submissions are now closed.
In an interview with IGIHE, Douglas Ogeto, the Managing Director at GW Creators said there are some people who have project ideas but fail to put their ideas into actions due to various barriers. Some of these barriers include financial challenges and limited skills on how to implement their project.
He said the winners of the competition will be given additional skills to improve and implement their project ideas, as well as supporting them through different means. Currently about 36 competitors registered to participate in the competition.
Such competitions are held in 42 countries around the World and 10 of those countries are in Africa. Seven new key Startup’s will receive their Start Up award by the end of the Global Entrepreneurship Week. The event is scheduled to take place on November 22, 2013. Winners will also have an opportunity to travel to different countries to learn from other people who have made significant progress in their respective business.
This innovative community-based approach is designed to increase the quality and quantity of entrepreneurs in the community. The fundamentals of this program were developed in Silicon Valley during the dot com era and transplanted to Tulsa, Oklahoma, in 2007, by visual thinking pioneer and serial entrepreneur Sean Griffin, with the launch of a program called the Tulsa Entrepreneurial Spirit Award.
Over the years, every aspect of the competition has been fine-tuned based upon feedback from participating entrepreneurs, judges, coaches, entrepreneurial service providers and community leaders.
















