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FNBB Foundation empowers innovators with funding

patriot by patriot
November 17, 2021
in Business
237 15
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FNBB Foundation empowers innovators with funding

Didintle, Nkalat and Kasogot

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Botswana Digital & Innovation Hub (BDIH) entered a partnership with FNBB Foundation to support and develop Botswana homegrown innovative solutions. This partnership was initiated to provide funding opportunities to eligible entities and encourage participation of start-ups in solving new challenges posed by Covid-19.

Some 11 start-ups were selected from a pool of start-ups within the BDIH Incubation and Acceleration Programme where they benefit from a number of interventions such as; technical advice, coaching, mentorship, access to markets, access to partner programmes, office space, subsidised  corporate tax, special dispensation of the import of skilled personnel and many other tailored interventions to help them grow.The winners of the pitch competition are:

Existing Business Category: P250,000.00

Scooping a whooping P250,000 first prize under the Existing business category was Organic Naturals Skincare. The Founder; Didintle Moreki wowed the judges with her 3 minutes pitch. Organic Natural Skincare manufactures organic, toxic-free skincare products using indigenous plants oils found in Sub-Saharan Africa. The products range from beauty, cosmetic to personal care. Organic Natural Skin Care, a brand that exists to empower an African Woman to stand Confident.

The second prize of P100,000.00 went to Angular Creatives Labs represented by the ever-confident Founder; Thato Kasongo. Angular Creatives is a digital marketing and advertising company that has developed a solution called Mohiri. Mohiri is a personalised job alerts service that connect low-medium skilled workers to opportunities for work by sending them alerts on their phones whenever there is a vacancy that matches their profile. Mohiri sends out job alerts to a pool of registered members who depend on the application as a source of vacancy announcements and other career-related opportunities and content.

Startups with Prototype Category: P50,000.00

Under the Startups with Prototype Category, Doctors E-Consult won the P50,000.00 prize money. Doctors E-Consult was represented by the ever-energetic Co-Founder Loatile Nkala. Doctor E-Consult developed an Online Doctor Consultation mobile application, which is a doctor- patient consulting room on a phone or device. Online Doctor Consultation aims to reduce congestion in medical facilities and allow for effective social distancing. Beyond COVID 19, the App will reduce the burden of travelling to access a doctor. Doctors E-Consult takes convenience and confidentially to a whole new level as it is easily accessed within the comfort of one’s home.

“We acknowledge that innovation is a critical catalyst in driving Botswana’s Transformation Agenda, hence, supporting innovations requires collaborations between diverse stakeholders. We are glad to have partnered with FNBB Foundation as a notable player in the national innovation ecosystem to support innovators with funding and Market access opportunities” said Tshepo Tsheko, BDIH, acting CEO.

“Speaking at the event, FNBB Deputy Director of Marketing & Communications, Ms Peo Porogo said, “ The past 18 months or so, have been difficult for all of us, and entrepreneurs were not spared. It is initiatives like these, that give them renewed hope as they strive to turn their ideas and businesses into successful entities. We are proud to be part of this life changing initiative.”

The FNBB Foundation Trustee, Dr. Lesedinyana Odiseng addressing the pitchers highlighted that COVID-19 vaccine trials started first as ideas and it is through ideas that one can bring a solution or an innovation that can save the world.

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  • Killings of journalists up 50% in 2022, half targeted off duty    January 25, 2023
    Eighty-six journalists and media workers were killed around the world in 2022 – one every four days, according to UNESCO data, highlighting the grave risks and vulnerabilities that journalists continue to face in the course of their work.   […]
  • Judge Tau; please don’t stifle public scrutiny of the Court of AppealJanuary 25, 2023
    Her utterances are misplaced and must be condemned with the contempt it deserves ADAM PHETLHE The Patriot on Sunday dated 15 January 2022 carried an article titled ‘Judge Tau defends CoA Integrity’, with sub-headings “Complains of discrediting reckless statements; […]
  • Miss Botswana 2022 is the Face of KGK DiamondsJanuary 19, 2023
    Its been an exciting first week back to her MBW duties and we kick off the year with an official announcement that Our Queen is The face of KGK Diamonds. Lesego Chombo alongside Nigel Amos was the show stopper […]
  • Executives to watch in 2023January 19, 2023
    A year is often too short to demonstrate your worth, yet that’s exactly what the newly appointed Chief Executive Officers (CEOs) have to do to show that they deserve their enviable roles. PATRIOT BUSINESS looks at CEOs who shall […]
  • BLP TEST AP/BCP UNITY TALKSJanuary 19, 2023
    BAKANG TIRO editors@thepatriot.co.bw The new entrant in the cooperation talks between Alliance for Progressives (AP) and Botswana Congress Party (BCP) – Botswana Labour Party (BLP) has thrown spanner in the works by demanding that both AP and BCP yield […]
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