In the kick off to their various trainings, the 2020/2021 Innovators-in-Residence cohort of LAM Sisterhood from Kenya, Minority Africa from Uganda and Ona Stories from Tanzania, underwent a Lean Canvas Model (LCM) training that will enable them ideate, describe, evaluate and discuss a business model using the Lean Canvas Model.
Making her opening remarks, Director Innovation Centre, Dr Njoki Chege, emphasized on the importance of the training to the start-ups that seeks to offer guidance as they start building their way up.
“I am pleased to announce a successful LCM training for our 2020/2021 cohort. This particular training is aimed at providing a practical and agile way of coming up with a business plan for innovative entrepreneurs, while providing a hands-on understanding of presenting one’s start-up problem, and other start-up scenarios, to articulate their business model,” said Dr Chege.
Dr Chege further reiterated the importance of the trainings that will be offered to the cohorts, and community members, stating the sessions will go a very long way in benefiting their growth.
“Other than the grant, we saw it best to provide a vast set of trainings that will equip the founders with the necessary knowledge and skills to run their business. The trainings are a combination of business and journalistic to attain the right know-how balance of running a media start-up,” added Dr Chege.
Making their comments after the trainings, Princely Glorious from Ona Stories, emphasized on the value of the LCM training that helped the team figure out where the gaps were in their business model.
“The LCM training was immensely valuable for my team and I. The activity helped us synthesize our strategy into an easy-to-understand, bite size pitch and helped us figure out where the gaps in our current business model might be and develop a model we’re proud of and aligned with our market,” said Princely.
Laura Ekumbo from LAM Sisterhood applauded the quality of the instructor and highlighted the value of the training to their start-up that made it easier to understand what the outputs were while Caleb Okereke highlighted the importance of the training in visualizing the blue print of their business success.
The LCM kicked off a series of training that the IiR are taken through in their 12 months’ residency. The next training will be Human Centered Design training that focuses on helping start-ups develop a user centered product with others like financial planning training focusing on financial management.
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