The SAIS initiative aims to enhance the investor readiness of African start-ups in the food and agriculture sector, focusing on post-seed phase businesses preparing to scale. Through the Investment Readiness Programme (IRP), it provides tailored support in business model improvement, product development, customer relations, marketing strategies, and financial management, while facilitating access to investment opportunities. Each year, up to 16 start-ups participate in the IRP.

SAIS comprises three components:

• Start-up selection
• Company development and venture-building
• Investor matchmaking

Luvent Consulting implemented action area 2 for two cohorts, delivering needs assessments, IRP design and training, progress tracking, and additional business development support. Luvent also supported start-up selection and investor matchmaking.

The project enhanced the growth, innovation, and management skills of start-ups, demonstrated by a 50% revenue increase, expanded customer bases, entry into new markets, product improvements, and optimised business models. The IRP incorporated gender-sensitive measures to promote equity.

• Supported the selection of fellows participating in the IRP.
• Conducted needs assessments and developed tailored business development plans for each start-up.
• Designed and implemented the venture-building programme, including training, coaching, and mentoring.
• Identified and contracted relevant service providers to enhance start-up operations.
• Provided ongoing coaching and mentoring.
• Ensured company development measures were gender-sensitive and actively promoted gender equality.
• Identified potential investors and business partners, facilitating matchmaking and cooperation agreements.
• Organised a demo day, innovation fair, or investor link-up event with business partners.