Future of Ghana Germany to organize the 10th Afro-German Business Afterwork in Hamburg.

 

Have you realized that you barely notice Afro-Germans working in reputable economic, business or political sectors in Germany? Have you realized that only few technological innovations are driven by Afro-Germans in Germany? Do you only find very few Afro-German owned businesses in Germany?

To reverse the status quo, Future of Ghana Germany (FoGG) gathers around 30 young Afro-German entrepreneurs, business thinkers and like-minded individuals every six weeks in Hamburg’s co-working space Mindspace to accelerate business initiation and business development.

I have observed that Germany’s society is increasingly marked by interculturality and an increasing prevalence of Afro-Germans. Despite the growing number of Afro-Germans, they are not visibly active or represented in key economic sectors in Germany – and this is what FoGG wants to change.

Through our FoGG Business Afterwork events we have not only inspired Afro-Germans to start their own businesses, but also attracted Afro-Germans, who already established a business but have not yet been visible on the radar.

I can confirm that our young entrepreneurs are endowed with many innovative business ideas, however only few are taking the next step towards execution. Among other challenges that impede establishing a business, is the lack of technical business know-how, no access to a valuable network and funding for their businesses.

During the course of our last ten FoGG Business Afterwork events, the entrepreneurs have learned where to apply for general business funding, the pros and cons of a family business, how to structure their business by using e.g. the Business Model Canvas and have received various key notes and best practices from established entrepreneurs.

Hence, FoGG has put a strong emphasis on two points: Providing technical know-how and access to a great business network. Pertaining to financial support, FoGG is currently working on a concept to accumulate financial capital and make it available for Afro-German entrepreneurs. We want to accelerate innovative business ideas and support Afro-German entrepreneurs in the transition from ideation to execution. Key players to establish this fund will be investors who have a strong interest in supporting Afro-German entrepreneurs.

One concept point is to organize a pitch event “Afro-Business-Pitch” in 2021, in which the most innovative idea will receive a business mentor and funding to scale their business idea.

If you want to receive more information on the FoGG Business Afterwork and the upcoming “Afro-Business-Pitch” please get in contact with us via email: germany@futureofghana.com

If you are interested to be part of the upcoming pitch event as an entrepreneur, investor, sponsor, volunteer or guest, please get in contact with us via email: business-fogg@futureofghana.com

Also check us out on Instagram: @foggermany and Facebook: Future of Ghana Germany Our website

www.fog-germany.de will launch on December 24, 2019

Next Business Afterwork: 14.11.19, 7pm, Mindspace Hamburg 

About Me:

My name is Lucy Larbi, Founder and Regional Manager of Future of Ghana Germany since January 2016. Besides volunteering for FoGG, I work for a business consulting firm and consult German medium-sized and large-scale firms in their digital transformation as an agile coach. My driving passion is to diversify Germany’s economic, business and political sphere with the presence of an Afro-German workforce and business leaders.