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CTIC Dakar - Official Presentation - 2015


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Presentation of CTIC Dakar, one of the leading technology business incubator and accelerator in Sub-Saharan Africa. Launched in 2011 in Senegal, CTIC Dakar has supported more than 60 companies which have generated around USD 5 millions in revenue. Get in touch to learn more !

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CTIC Dakar - Official Presentation - 2015

  1. 1. CTIC Dakar Business – ICT – Community
  2. 2. Pioneer & Ambitious 1st ICT Incubator in Senegal & Francophone sub-saharan Africa Launched in April 2011 Sustainable Business Model « Entrepreneurs for Entrepreneurs » Entrepreneurial & Innovative Initiated by InfoDev, IFC (World Bank) with OPTIC and support from Orange, GIZ, CDE, ADIE, ARTP, SCA… Non profit organization initiated and headed by the private sector with support og the government Local and Global NetworkPublic-Private Partnership Public Private CTIC Dakar
  3. 3. Large Higher Education System Services’ economy ECOWAS integrated market Political Stability + 110% Mobile penetration 22% internet penetration Context and environment Many opportunities for ICTs in Senegal…
  4. 4. High failure rate of ICT SMEs (90% - 3 years) Difficult access to market (high level or informal) No funding for R&D and innovations Talented HR but training needed Lack of Support and networking No early stage private funding … but challenges still remains Context and environment
  5. 5. Our focus “Support the growth of Senegal’s leading ICT SMEs and insert the continent in the global digital economy”
  6. 6. Missions 1 Promote ICT Entrepreneurship and support university incubators 2 Identify and guide ICT SMEs with high potential 3 Facilitate The access to markets and funding 4 Build viable companies and great leaders
  7. 7. Products and Services Modern facilities and shared resources Coaching, Training Business Development Accounting, etc. Networking Events Visibility Access to markets and funding Accelerator program for young entrepreneurs Soft Landing and subregional Business Development services
  8. 8. Two programs INCUBATION PROGRAM ACCELERATOR PROGRAM Existing companies Min $30,000 turnover Up to 3 years % Revenue growth % gross margin Free6 months Startups with at least a prototype
  9. 9. Structuring the Ecosystem Networking & Cross-sectors events (agro, health, edu, etc) Lobby to Government for ICT SMEs support Entrepreneurship promotion (media, blogs, dev communities, etc) Business Angels Club Universities Entrepreneurship curriculum
  10. 10. An innovative Public-Private-Partnership ICT Business Organization Bank & Investors Universities Government & public bodies International donors Chambers of commerce CTIC Advisory Board
  11. 11. Régina MBODJ Executive Director Yann LE BEUX Catalyst Aziz SY Program Manager Odile BARRY Business Development Manager Carine VAVASSEUR Business Developer Mamadou L. DIALLO Administrative and financial Manager Anta NDIAYE Administrative Assistant Eva SOW EBION Communication Manager Our Team
  12. 12. USD 5,000,000 Cumulated turnover of incubatees +34 % Average annual revenue growth of incubatees FCFA +120 Total of qualified jobs in our companies 64 Companies supported 16 + 34 + 14 SME Startup Startups in specific programs (Agro, ICT4governance, etc) +1300 Young entrepreneurs trained USD 220,000 Fund raised directly for our startups 67 Events organized +3200 A growing community… Facebook Fans +3600 Newsletter subscribers +2600 Twitter followers Our Results (2011-2014)
  13. 13. Our business model Companies growth •% on Annual Revenue Growth •Space rental BDS•Events •Trainings, Business Trips •Consulting incubators •Programs (ICT4….) Investment Government & International donors
  14. 14. Towards sustainability 75% Financial sustainability of the incubator (generated income/ charges) 2014 2014 From incubated companies
  15. 15. Official Partners Ministère des Postes et Télécommunications
  16. 16. They trust us! (Other partners for events, competitions, etc.)
  17. 17. Thanks. Stay in Touch ! + CTIC Dakar