Support Female Entrepreneurs

Support Female Entrepreneurs Promoting visibility of female entrepreneurs business initiatives in Malawi

OPPORTUNITY FOR FEMALE ENTREPRENEURSPlanetarium Institute through Women in Business Malawi wants to apply for funding in...
04/05/2021

OPPORTUNITY FOR FEMALE ENTREPRENEURS
Planetarium Institute through Women in Business Malawi wants to apply for funding in response to a “call for proposals: enhancing women entrepreneurship enablers for stronger women SMEs in Africa” published by AfDB. The call is under their Affirmative Finance Action for Women in Africa (AFAWA) project which is targeting Women SMEs [WSME] operators. The project wants to empower enablers like Planetarium Institute so that they support WSME operators unlock their challenge of access to capital. We identified collateral as the main challenge however, other critical factors include: "lack of audited accounts; lack proper financial literacy and financial records; poor business model; poor sales and marketing skills; poor visibility; investor non-readiness businesses; failure to write convincing grant proposals; no strategic plans" etc. The project wants to address these other bottlenecks to allow female entrepreneurs unlock the challange of lack of access to capital.

If successful, Planetarium Institute will target 100 WSME operators and two cooperatives [with high female membership]. For the 100 WSME operators, it is expected of them to:
1) Have a viable business;
2) Have 3-5 full time employees;
3) Be making at least MK300,000 in sales per month;
4) Have a duly registered business in Malawi

Female entrepreneurs who meet the above mentioned criteria must express their interest: fill in the form by clicking this link, https://forms.gle/HdJEgiTBQs7EG6L69

Best regards
Planetarium Institute
05/05/2021

This form is collecting information about female entrepreneurs who Planetarium Institute would like to apply on the behalf under the Women in Business Malawi. It is a submission in response to the call for proposals on enhancing women entrepreneurship enablers for stronger women SMEs in Africa

Information Age vs industrial AgeMeans of production can now be rented: the entire supply chains can be borrowed a littl...
20/02/2021

Information Age vs industrial Age
Means of production can now be rented: the entire supply chains can be borrowed a little more than the marginal cost of the underlying products entrepreuneurs produce. The basis of competition is often on design, business model, or technological acumen.....

How is your business fairing?

Adapted from Eric Ries ~ Author, The Lean Start-up and The Start-up Way

11/02/2021

NOMINATE TEMWANI CHILENGA
There is a competition by Eli Njuchi, the Brand Ambassador for Fadeth Furnishers. Fadeth Furnishers is giving a way a brand new high tech sofaset to any deserving Malawian. Planetarium Institute believes that Temwani Chilenga (a primary school teacher at Chambu Primary School in Lilongwe who supports vulnerable and disadvantaged children) deserves this award. How to do it: nominate TEMWANI CHILENGA so that she gets 10 000 likes. Click on the link below, "Eli Njuchi page" and type in the comment section, "I nominate Temwani Chilenga":

https://m.facebook.com/story.php?story_fbid=270052331151136&id=100044391130590

If you have a good business model, this is an opportunity not to miss. It's not a fixed cost and you can set milestones ...
09/02/2021

If you have a good business model, this is an opportunity not to miss. It's not a fixed cost and you can set milestones to help you assess the return on marketing investment (ROMI). Go for it!

05/02/2021

The Tonse Alliance campaign promise pledged 1,000,000 jobs in a year (2020/2021 especially). This was greeted with vehement criticism and disbelief.

Why do you think it is not possible for Malawi to create 1,000,000 jobs in one year?

MEET THE FOUNDERMeet Ms. Fatsani Chinunda, a Legal Assistant at Atkin Chambers. She is a President and Founder of Startu...
29/01/2021

MEET THE FOUNDER
Meet Ms. Fatsani Chinunda, a Legal Assistant at Atkin Chambers. She is a President and Founder of Startup Legal, a social enterprise currently undergoing formalization processes.

She is passionate in entrepreneurship and innovation, and would like to use her legal expertise to advance the cause of startups and entrepreneurs in Malawi.

Please like the page to get more updates from Startup Legal.

I WANT A BMWA key part of our brain that focuses attention is called Reticular Activating System (RAS): it is best known...
18/01/2021

I WANT A BMW
A key part of our brain that focuses attention is called Reticular Activating System (RAS): it is best known as a filter because it sorts what is important (and needs our attention) and what is unimportant (and can be ignored).

For those of us who have bought cars before, have we ever wondered when we made that decision, suddenly we start seeing this car everywhere? Neuroscience calls this effect, priming. Our brain through the RAS has now filtered its attention on this car: this happens with all things we give attention to and make decisions consciously or subconsciously. With Covid on the rampage, fake news and confusion on social media at its toll, what is our attention on?

Let our RAS focus on what will bring life, innovation, creativity and most importantly, focus on what will bring us hope and money in an ethical way during this time!

15/01/2021

A choice of a business partner and a spouse requires the same level of serious due diligence. The disastrous consequences from a wrong choice are very similar ~ adapted from Sheryl Sandberg - Facebook COO

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