With the aim of preparing high growth potential entrepreneurs for finance, JCI RWANDA in partnership with BiD Network launched the second edition of the Terimbere Business Plan Competition in June this year.
83 young Rwandan entrepreneurs submitted their plans for support in growing and expanding their business. Through the online tools of business plan templates and coaching, they set out to write their business plans. Over 30 of these entrepreneurs also attended a three day Ready for Finance training, further strengthening them and their business plans.
After rigorous assessment by a team composed of both Rwandan and Dutch judges, from the 20 finalists 3 winners were selected as ventures with high growth potential. The top 2 Entrepreneurs have won a business trip to the Netherlands in November 2012, to promote their business, increase their networks and meet like minded SMEs & potential investors at the Growing SMEs, Netherlands edition. This international conference aims to facilitate knowledge exchange, networking and learning, hence further paving the way for SME development, which, in turn, leads to sustainable economic growth. Soybean Processing, the third placed entrepreneur will receive free business consulting services from a specialist coach from the Netherlands to help them grow their business.
1. AxIS Investments Ltd
AxIS is an IT company that provides software project implementation services, from customer requirement analysis to user training and change management through software development and installation. Through a combination of innovative software development tools and project management methodology, it has consistently realized a high success rate with competitive prices.
AxIS Managing director for six years now, Clement Uwajeneza continuously seeks to align AxIS’ capabilities with the company’s market needs. He spends a lot of time assessing new technologies and choosing those which will be used for current and future company projects. Technology-wise, he is currently working on mobile applications, specifically making SMS applications more user-friendly and intelligent.
2. Horticultural Farm School
The Horticultural Farm School is a Centre that trains farmers’ cooperatives in modern agricultural techniques. The aim is that the farmers produce fruits and vegetables by using organic manure and non-hybrid seeds, which will pass in basic processing for their storage and be exported to Belgium and Dubai.
With an educational background in Agricultural Economics and Agribusiness, Laurent Ulimubenshi is seeking investment to take the business to the next level.
3. Soybean Processing
This Business operates from the Northern Province, Rulindo District. It started by buying soybean from the local community then reselling it or transforming it into soy flour, milk, donuts and tofu. The business’ priority is to use modern technology to improve the quality of its products and to be more competitive in the market. In the near future, the business plans to train more people in this processing and aims to encourage farmers to plant more soy to ensure the availability of raw materials.
Young entrepreneur Valentine DUSHIMIYIMANA has been driving the company from its inception. After investing her own capital into it, she is now seeking expansion capital to progress further.