New Partner: Global Business Lab from Stockholm School of Economics.

 

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Africa’s Potential has now succeeded in the mission to send two Swedish entrepreneurship-students, Sebastian Kirchsteiger and Carl von Post, from the Linneaus University to the Rwandan capital of Kigali, in order to create a business-plan/study for the potential building of a businessincubator in Kigali, together with Africa’s Potential’s partner Global Business Lab, which is founded and based at the Stockholm School of Economics. The aim for this project is to increase knowledge-transfer and trade between Sweden and Rwanda.



What is Global Business Labs then? Global Business Labs aim to accelerate entrepreneurship globally. Through a global network of incubators, they strive to support driven entrepreneurs in building their ventures. They provide infrastructure, coaching, knowledge and network to ensure faster time to market, faster growth and higher survival rate. Their award winning model of incubation increase return on investment, for the entrepreneur, partners, investors and the local communities in which we operate. Global Business Labs are in the same stages being installed in Chisinau and Dubai. The World class results speaks for itself:


52 companies in SSE Business Lab between the years 2004-2008:


47 companies still active (90,4%)

Over 300 jobs created

Biggest company: 11 M€ annual revenue

Average revenue: 900,000

Average profit: 83,000

Sales per employee: 150,000

1 exit per 8 companies


More information regarding this project will follow in the next blogpost.





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One Response to “New Partner: Global Business Lab from Stockholm School of Economics.”

  1. David Lenefors says:

    March 31st, 2010 at 21:21

    Great work Emre! Keep the steam up! let me know if there is anything I can do to help you get the message out.

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