| Client: | GoodUp |
| Category: | Entrepreneurship and Innovation Support |
| Date: | September 2017 - December 2021 |
| Status: | In Progress |
| Website: | https://www.brightfuture.af/ |
| Tags: | Business Incubation, Incubation Services in Afghanistan, Entrepreneurship |
Provision of Incubation Services in Afghanistan
Project Description
The project aims to help Afghan youth growing their existing businesses or turning their viable ideas to sustainable businesses in the market. In this incubation program, 450 young Afghan entrepreneurs will be incubated on the foundation of starting a business to turn their ideas into successful businesses. The incubation program is not just training, it is a complete 360º support to start-ups and businesses which include business training, mentoring and coaching, providing co-working space, access to capital through a special model of seed-funding or crowdfunding, and access to a network through different events and conferences. Bright Future is a five-year program that has five pathways and the incubation pathway will be implemented in nine different tracks. Asara is responsible to manage the pathway two of BFP in partnership with 1%Club.
Project Activities
Three tracks of Business Incubation have been implemented successfully where Asara has provided incubation services to 118 entrepreneurs in Kabul. More than 70 of these entrepreneurs are actively operating and are offering a variety of services/products in the business market of Afghanistan. These startups have created 430 job opportunities.
As the industry leader, we count ourselves responsible for supporting the Business Incubators in Afghanistan by building other incubators’ capacity. During the project life, Asara subcontracts each of the tracks to an implementing partner and supports the sub-contractor technically and financially to implement the six months track. Asara has subcontracted four tracks to market key players so far and is directly providing them incubation management assistance.
Project Results
Testimonials
Habibullah Amini
After my enrollment to the program, I have used from Training, Mentoring, coaching and learning tours of the program to be well-prepared for starting my own business
Hafiz Sarwary
I started my own business by joining the Business Incubation of Asara in 2018 since I was not comfortable to work for others. Thanks to Asara for helping me to achieve my business goals
Sajia Rahimi
I was thinking to start my own business. When I heard about the Bright Future Program, It was a great opportunity for me to start my own company. The program helped me with registering my business, studying the market, product development, and selling techniques.
Amena Rahemy
I joined the incubation program in 2018. The program helped me managing my business perfectly as I did not have a business management background.
Zahra Sarwary
I never thought there would be that much fun, hard work, and dedication to achieve the goals of every individual during six-months of the business incubation program. This encouraged me to never stop participating in this program despite all the responsibilities I had in my personal and professional life.
