JASIRI Cohort 5 Recruitment Presentation

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Allan Gray founded an investment management firm of the same name in 1973. Allan Gray’s
client-centric, long-term investment approach has seen the company grow into one of the largest
of its kind on the continent.
Recently, the Gray family endowed their controlling interest in the firm to the Allan & Gill Gray
Foundation in order to make a positive contribution to the common good.
The Philanthropy is convinced that the biggest challenge facing Africa is youth unemployment, and
that focused support of entrepreneurship will have the greatest leverage for ensuring meaningful
employment.
ALLAN & GILL GRAY PHILANTHROPIES

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ALLAN & GILL GRAY PHILANTHROPIES
There are numerous initiatives in the Gray Philanthropy ecosystem, some of which include:
Allan Gray Orbis Foundation
Allan Gray Makers
E-SQUARED
JASIRI (Talent Investor & Growth Accelerator)
Wavumbuzi Entrepreneurship Challenge (EA) | Allan Gray Entrepreneurship Challenge (SA)

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TALENT INVESTOR | EXPLAINER
❖ Initially invest in and supports selected aspiring entrepreneurs from “Pre-Idea” or “Pre-Revenue”
phase.
❖ Provide space and support for individuals to identify and form co-founding teams and jointly create
high growth ventures.
❖ Provide funding to the aspiring entrepreneurs as they progress through the identified stages from
ideation to venture creation.

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JASIRI TALENT INVESTOR| PROGRAM OVERVIEW
❖ Fully funded one-year program for high potential aspiring entrepreneurs.
❖ Takes a long-term holistic approach to developing entrepreneurs by providing them with the time and
space to identify an idea (Ideation), Building Foundations, Problem Validation, Solution Validation, and
Market entry.
❖ Believes that entrepreneurial teams are at the heart of successful venture creation, and provides the
entrepreneur with access to a diverse group of potential co-founders.
❖ Structured to remove barriers to entrepreneurial success on an individual, team and venture.

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RECRUITMENT
& SELECTION
PROCESSES

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JASIRI TALENT INVESTOR| ADDITIONAL INFORMATION
❖ Currently open only to citizens of Rwanda, Kenya and Ethiopia.
❖ Candidates must be willing to travel to Kigali, Rwanda for the mandatory Residential Intensive Talent
Investor part of the Program.
❖ Completing all stages of the selection process will require commitment, effort and time.
❖ JASIRI has specifically designed the selection process to be a valuable learning and self- discovery
experience for all applicants, whether or not one is finally selected.
Selection Process Explainer Video-https://youtu.be/Ihfso4G-w2Q

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JASIRI | SELECTION STEPS & TIMELINE
Reviewed on a
rolling basis
Reviewed on a
rolling basis
ENTREPRENEURIAL
INTENTION &
VALUE CREATION
ASSESSMENT
Reviewed on a
rolling basis
INNOVATION
SCENARIO
ASSESSMENT
Taken by all successful
candidates at once in
October, 2023
PSYCHOMETRICS
Mid November,
2023
SELECTION
CONFERENCE
APPLICATIONS
OPEN FOR
COHORT #5
INTAKE
SCREENING 1 SCREENING 2 SCREENING 3 & FINAL SELECTION

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TALENT INVESTOR COMPETENCIES
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OPPORTUNITY RECOGNITION
OPPORTUNITY ASSESSMENT
INNOVATIVE PROBLEM SOLVING
SELF-EFFICACY
RESILIENCE
VALUES DRIVEN
NEED FOR ACHIEVEMENT
NEED FOR AUTONOMY
WORKING AS A HIGH PERFORMANCE TEAM
ACTION ORIENTED
RESOURCEFULNESS
MONEY SENSE
TALENT
INVESTOR
COMPETENCIES

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PROGRAM
OVERVIEW

13. T A L E N T I N V E S T O R
SELECTION JASIRI JUMPSTART
RESIDENTIAL
INTENSIVE
VENTURE
CREATION
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14. PROGRAM OVERVIEW
Jasiri Jumpstart
1 MONTH
Building
Foundations
1 MONTH
Problem
Validation
1 MONTH
Solution
Validation
1 MONTH
Venture
Creation
9 MONTHS
1 2 3 4 5
RESIDENTIAL - IN PERSON
REMOTE REMOTE

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1. ONLINE | JASIRI JUMPSTART (1 month)
❖ The course will help fellows with:
○ Discovering their WHYs.
○ Understanding the 14 months of the program
○ Understand their competitive edges
○ Falling in love with the problem
○ An introduction to Team Formation
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JASIRI | TALENT INVESTOR OFFERING
✓ Fellows receive communication (airtime & data/
internet) allowance during this time.
✓ Fellows will progress to the Residential Intensive
upon successful completion of the online program.
✓ Fellows are required to fully commit to the
program with no other side engagements.

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JASIRI | TALENT INVESTOR OFFERING
2. RESIDENTIAL INTENSIVE (3 months)
❖ Fellows go through the process of Building Foundations, Problem
Validation, and Solution Validation are explored. where topics of,
Prospecting, Team Formation and Validation.
❖ Focus: Team Formation, Problem and Opportunity Identification,
Emerging Tech, Degenerative & Regenerative Industries, Systems
Thinking, Industry Research, Responsible Entrepreneurship, and
Market Creating Innovations, among others.
❖ Offering includes: Travel to/from Rwanda, Health Insurance, Monthly
Stipend, transportation, meals and accommodation.
❖ During the Problem validation stage, each team receives research
funds.
❖ Teams that successfully validate their problems and solutions will
progress to the next stage of the program (Venture Creation) in the
country of their interest, i.e, Rwanda, Kenya, or Ethiopia.
EXIT
● This marks the first Exit Point from the program for any
Fellows or teams that did not successfully fulfil the
program requirements.
● Exit Support is offered to all exited fellows.

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JASIRI | TALENT INVESTOR OFFERING
3. VENTURE CREATION (flexible period up to 9 months)
❖ Fellows leave the residence to go to countries where their ventures will
be setting up.
❖ Each formed team is eligible to a startup capital, referred to as Venture
Creation Funds.
❖ Each team member will receive a monthly stipend. Accommodation,
meals and transportation will no longer be provided.
❖ Teams will have access to shared working spaces in Kigali, Nairobi,
Addis Ababa
❖ Coaching is provided, by professionals, in key focus areas
❖ Key areas of focus include product development and refinement,
finding market traction, growth, accounting and bookkeeping, and
unlocking product market fit.
❖ Qualifying Ventures may apply to join the Jasiri Growth Accelerator at
any stage during this phase.

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JASIRI | Cohort 4
Cohort 4

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TALENT INVESTOR BUSINESSES

20. THANK YOU!