A Call To Be More Involved
If you’ve ever been interested in fixing the gender gap issue women face in our world, being an angel investor and an active one at that, could just be a step in the right direction. Alicia Robb, CEO of Next Wave Impact, recently narrated her encounter with a young female founder at a summit she attended last year. The young lady told her that she had gone to give a presentation at a pitch event and, upon arriving at the meeting, one of the men in the room had asked her to go and fetch coffee for everyone. She also mentioned how …
Exploring The Potential Hidden in our Creative Industry
This month experienced a lot of creative events, so much that it has spurred us to explore the creative sector more closely. At a time in our continent, when our leaders are seeking ways to diversify the economy beyond oil, we believe that the creative industry presents an opportunity for this diversification. The Creative Industry Federation defines the Creative Industry as those industries that have their origin in human creativity, skill, and talent with the potential for wealth and job creation through the exploitation of intellectual property. The creative industry has a wide range of activities (including arts, crafts, design, fashion, film, …
Why Government Should Put More Effort In Angel Investment In Nigeria
In the last article, we discussed the role angel investors play in driving innovation and economic growth across borders; one being that they serve as the main source of local investments for early-stage businesses. If this is the case, then the government needs to be more involved. They need to pay more attention to the contributory effect of angel investors to nation-building. More importantly, they need to support angel investors so they can create more value and capital to the nation. The number of angel investors in Nigeria is on the rise and we believe that Government support in the following …
Why Africa Needs Angel Investors
Countries are becoming more interested in entrepreneurship, particularly because of the key role it plays in driving innovation and economic growth across borders. Yet one of the major challenge entrepreneurs face is raising capital. Entrepreneurial ventures are mostly viewed as too risky for banks and other financing houses, yet these ventures require a significant amount of investment that may not be raised from family and friends. This is where angel investors come in. The development and commercialization of innovation is central to any country’s competitiveness and entrepreneurs who engage in such activities contribute majorly to growth of that country’s productivity …
Common Mistakes You Should Avoid When Taking Your Business Online
An online presence or a lack of one can have a direct effect on the image of any business. It is no surprise that customers tend to avoid a business with a bad online presence. We have come up with a list of top mistakes businesses make online, and how they can be avoided. # Mistake 1: Not having a website A website is no longer a luxury but a major necessity for any serious-minded business. Studies have shown that customers would visit a company’s website before making any purchase from them. Thankfully, having a good website does not equate …
About The RTA Masterclass
The RTA Entrepreneurs’ Masterclass is an RTA initiative targeted at providing quality training to new and existing business owners to help them navigate some of the complexities of running a successful business in Nigeria and attracting capital. What You Enjoy By Attending The Masterclass. The masterclass covers the basic tenets of Angel Investing as it seeks to inform and educate both Entrepreneurs and Business Angels. Various topics are covered from time to time, providing a generic basis to learn from, such topics will include, but are not limited to: What to look for in Startups: Angel Investing In Africa Cross …
Challenges You Will Face As A Female Entrepreneur And How You Can Overcome Them
WORKING WITH MALE COUNTERPARTS The entrepreneurship field is male-dominated. As a female entrepreneur, there is a constant struggle to earn respect among male counterparts. They usually struggle for their voices to be heard as their ideas are usually dismissed or undermined. A lot of men believe they do not have the drive to put in the long hours and work as hard as men do. The best way to overcome this is to stay true to yourself, be open to new ideas but trust your instincts and be confident. Female Entrepreneurs are also encouraged to join support/female entrepreneur groups as …
About Our Deal Day Event
RTA held her first deal day for the year 2018. There were presentations from 6 businesses. …
Do You Have An Understanding of Intellectual Property (IP) Laws That Impact Nigerian Businesses?
At the last Ecosystem hangout with Ingressive, a lot of questions and concerns were raised about the intricacies of IP laws, particularly in Nigeria. This has spurred us on to discuss the topic further in this edition. Based on the presentation from Aluko and Oyebode, we would be providing some facts and debunking some myths about IP Laws and how they impact businesses in Nigeria The World Intellectual Property Organisation (WIPO) defines Intellectual Property as creations of the mind (such as inventions, literary and artistic works, designs, symbols, names and images used in commerce which are protected by law) which …
Understanding Early-stage Investing (Part II)
In our last post, we discussed 3 points to consider when investing in early-stage businesses. …