Selected entrepreneurs will complete a business development workbook that walks them through vital documents and skills needed for starting a company. The business development workbook includes topics on entrepreneurship, marketing and finance and creating a strategic business plan.
Entrepreneurs are guided through the business development workbook with one-on-one coaching sessions. They are given critiques on their work and then make revisions later on their own. They have access to our team of mentors and advisors all the time, but the majority of help is given during these sessions. Entrepreneurs that live far from our home base in Kampala, Uganda have sessions through video or phone calls.
Our local mentors, program managers, board of directors and US staff provide their time, personal networks and expertise to the entrepreneurs. They bring invaluable knowledge from various sectors such as business development, financial literacy, marketing and legal advice. Our network is constantly growing as Einstein Rising accelerator program graduates begin to take on mentorship roles as well.
These sessions are led by our country program managers who emphasize Einstein Risings mission and share how we can be of value to interested individuals. These events are usually held in collaboration with universities, savings cooperatives, church groups and at town hall meetings.
Entrepreneurs who have completed the Einstein Rising program accelerator program and fully developed their company will be candidates for investment opportunities. Einstein Rising offers investment capital to a select few entrepreneurs each year. Einstein Rising receives 10% of the companies net profit for two year in exchange for the investments made. This model was created so as an organization one day will be completely financially independent.