The Mideva Labs’ Idea Startup Studio is a venture builder program designed for recent graduates and young entrepreneurs looking to create and launch new ventures. The program identifies, trains and invests in the next generation talent pool of entrepreneurs and problem solvers so as to create viable sustainable ventures that address our continent’s biggest challenges.
Right now, Africa’s most ambitious talent (young people), are held back by corporate convention, and the securities and comfort that come with it, and yet Africa is home to unlimited opportunities as a result of pressing challenges that need solutions. With the current realities and needs of life, these ambitious minds have a limit on what they can achieve, and how fast. We exist to eliminate the risks, provide pathways for full-potential realization and create wealth for communities.
Through the Startup Studio, we make it possible for young entrepreneurs to meet co-founders, tackle real challenges, and focus their energy on creating viable businesses. The goal is to invest in talent first, who will in turn invest in other talent, making entrepreneurship a viable and rewarding career choice for young people.
Each year we select 24 founders (50% female) to join our founder-in-residence program for 9 -12 months. The first part of the program (3 months) focuses the art of leadership and communication, scoping opportunities, finding the right co-founder and developing and validating your idea. The second part of the program enables you grow your new founded venture, together with your new found co-founders, with investment from us.
Each year we are launching at least 8 new ventures through our Startup Studio and employing at least 40 young people.