Lack of capital is the most prominent of the many factors that cause startups to fail. Many innovative ideas never see the light of day due to a lack of financial support, whether it is to kick start the project, sustain its operations in the long run, or expand. While there may be numerous funding opportunities available, potential entrepreneurs often miss out due to a lack of awareness. Consider Harmony Village 100, for example. This company provides a Global Partnership network and funding, which any company in Africa may apply for through their website, Apply – Harmony Village 100. Currently operating on the African continent in Rwanda, Uganda, and Tanzania, they provide financial support by partnering with specific companies. A partnership with Harmony Village 100 lasts beyond the startup's inception stage. They continue to assist throughout and with new projects, ensuring success through continuous involvement and influence with a broad network of partners beyond one's own country's borders. Founded by two brothers, Christopher Franklin and David Franklin from Detroit Michigan, USA. Their mission is to pave the way for “New Financial Beginnings”, particularly for those who could not otherwise afford it. In the same vein, Harmony Village 100 is launching a new competition open to startups from industries other than agriculture, which is their usual focus. Anyone who is a Rwandan national and is currently doing business in Rwanda is welcome to join. Participants will be judged on their creativity, among other things. The winning company will receive an HV100 partnership as well as up to $50000 in business capital. The Grand Prize winner will receive 1,000,000 RWF in cash to spend as they see fit, as well as a partnership in which 49% of the equity must be transferred to HARMONY VILLAGE 100. In exchange, HARMONY VILLAGE 100 will invest up to $50,000 in the newly restructured partnership between HARMONY VILLAGE 100 and the Grand Prize winner's company. The first and second place runners up will also receive 500,000 RWF to spend as they choose Registration for the competition began in early February and will continue until March 15. The registration link, as well as more information on the eligibility criteria and other rules and regulations, can be found on the Harmony Village 100 website. We want to support people outside of the agricultural sector because we believe the problem of a lack of capital is common to other sectors as well, explained Joseph Biziyaremye, Investment Strategist at Harmony Village 100. We especially encourage young people to give it a shot. We know they're full of innovative and creative ideas. And the competition is not limited to those who are just starting out, but also those who are looking to expand. It is also recommended that you carefully read the instructions before proceeding with the application, he noted. Harmony Village 100 chose East Africa as their base for long-term business deals because of its attractive and fertile land, East Africa's promising economic growth, and their willingness to help create jobs and empower farmers, among other things, by providing lacking machinery and financial support. So far, in Rwanda, they have partnered with six companies, primarily in the agriculture sector, as a means of providing high-yield returns to their partners around the globe. Aside from the competition, Harmony Village 100 also offer private investors several partnership options which includes a one and half years partnership (referred to as Accelerated), a two and half years partnership (referred to as High Performance), and a three and half years partnership (referred to as High Performance Pro), all of which have a minimum contribution of $1,000 and no maximum. See link for partnerships. Partnerships – Harmony Village 100
