End of week 2: In-depth analysis

The last three days we were busy with analyzing all the information that we collected so far. Marek built a dashboard containing all the costs and how the money is spent. In addition, we included data about the start-ups like the total number of start-ups, if they received the seed funding and the number of jobs they created. From all these data we could derive further KPIs: how much did a job cost, how much money is needed to reach the overall goal until 2020 and much more. Janet went on with the work on Tamkeen. Tamkeen Initiative is an awareness program with the objective to promote social entrepreneurship and social innovation in public high schools. At last, I finished a first draft of the Dare Space analysis together with clear recommendations what should be changed to make it even more attractive than before.

Example data from our dashboard
I want to use the chance to tell you about some of the nice start-ups that are incubated within Dare Inc. We sat together with them in the last days to understand more of their business and its challenges and how they profit from MCISE with Dare Inc.

HydroBarley produces fresh and affordable green forage for small farmers. They started their business in October 2015. The first test production was started without money and was built from recycled material. With that, they proved to the farmers that their product is fulfilling their needs. Until end of October they want to increase the output of their production from 300 kg/day to 1 t/day. Their strategy is to employ young people from the countryside to help them to learn and grow their skills. In addition, they help farmers to sell their sheep within HydroBarleys network of farmers and families. Until now, their biggest success was that two girls could go to school because of their company.

As the name indicates, SeaSkin creates products like shoes, bags and wallets from fish skin, mostly from salmon. The fishermen sell their fish and provide the fish rest to SeaSkin. SeaSkin brings it to the fisherwomen that produce leather out of it. This leather is used by artisans to build the final products, which are soled to B2B customers. With their company, they help fisherwomen to find a better, healthier job than before.

IDYR manufactures bags and furniture from textile waste by women that need work for their families. The women want to work but cannot go out of their homes. The textile waste is processed with a traditional technique that is only known by these women. Afterwards the cloth is transformed into the final products. Success means for them to employ 20 women, to recycle more than 1,000 kg textile waste per month and to sell their products to the USA and Europe. Want to buy one of their products? Check them out!

Although we already finished our second week, we don't get tired of trying out new dishes. Our discovery this week was camel tajine and tongue. It was really delicious.

Camel tajine from camel knee

Upper dish: tongue

Our group dinner
Tomorrow we leave to two very nice places in Morocco: Fés and Volubilis. Stay tuned to see some pictures after our return.

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