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Celebrating Success: SIMAD iLab's 5 Years Impact Report

Celebrating Success: SIMAD iLab's 5 Years Impact Report

Author:
SIMAD iLab

Published Date:
07-01-2024

Time to read:
4 Minutes Minutes

Category:
reports

We're excited to share our 5-year Impact Report, a testament to our commitment to innovation and development in Somalia. Since 2019, we've trained over 2,000 youths, incubated 90 startups, raised over $1m in seed funds, and created 800 jobs, making a significant impact on the community. Our programs have empowered 500 women and contributed to the development of the local innovation ecosystem. With $3 million in microfinance and 10 strategic partnerships, we're fostering a vibrant entrepreneurial ecosystem. Join us in celebrating these milestones and shaping the future of Somalia's tech and business landscape.

Here for the full report and more insights on our journey. Happy 5th anniversary!

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Our “A” team is proactively engaged in startup's journey from inception to exit, to empower and enable founders to contribute to a better Somalia.

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