Guinea: Trustee Propels Startups to New Heights

By : Melchior Koba

Date : mardi, 21 novembre 2023 12:02

Startups usually require support from institutions such as incubators and accelerators to accelerate their growth. In Guinea, Trustee excels in providing such essential assistance.

Trustee is a Guinean entrepreneurship support structure that invests in startups and small to medium-sized enterprises (SMEs) with high growth potential. Established in 2018 by seasoned business developer Ibrahima Kalil Kaba, its current CEO, Trustee primarily focuses on projects within the information and communication technology, renewable energy, and agribusiness sectors.

Specializing in startup support and investment readiness, the company offers strategic advice and practical solutions to assist its clients in achieving their business and financial objectives. For instance, Trustee aids entrepreneurs in implementing a customized digital strategy by leveraging its team of developers, architects, and project managers to ensure the success of their projects. Additionally, the company manages a fund that invests between $30,000 and $500,000 in startups, acquiring 7-10% equity in return.

Trustee also operates an accelerator program to help beneficiaries accelerate their growth through access to experienced mentors, investors, and valuable resources. This program is open to startups across various sectors, ranging from technology and healthcare to food.

Beyond financial support, Trustee extends its services to include workspace provisions, legal and accounting support, as well as marketing and sales tools. The organization has also established the Digital Community, a dedicated space for technology entrepreneurs in West Africa seeking to expand their network, acquire new skills and grow their businesses. Trustee actively organizes events such as pitch sessions, mentoring meetings, seminars, and networking events for startups, with notable initiatives like Guinea FinTech Week 2023 that took place last September.

Furthermore, Trustee offers a comprehensive training program designed to empower entrepreneurs with skills and knowledge in areas such as web development, networking, product development, business strategy, fundraising, marketing and communications, human resources, management, and finance.

Backed by a robust network of local companies and partners, including BANKITRUCK and KF Invest & Consulting, Trustee is dedicated to fostering the development of Guinean startups

Melchior Koba


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