INSPIRE AFRICA
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Date of Foundation
2021

INSPIRE AFRICA

Revolutionizing Global Workforce Recruitment Ethically

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The Idea origin story

Through effective public-private partnerships, INSPIRE AFRICA cuts unnecessary red tape and streamlines recruitment processes. We offer employers a cost-effective, efficient, and ethical recruitment source that taps into a diverse talent pool. Our comprehensive support for job seekers extends from aptitude assessment and skills training to securing interviews and managing pre-departure preparations. Our goal is to ensure a seamless transition for job seekers, protecting their rights and ensuring their welfare every step of the way.

The Mission

Our vision is to embed African perspectives in global solutions, promoting equity and productivity. Our mission is to reshape and set ethical recruitment standards across Africa.

Clients

Employers (or their intermediary recruitment agents) as well as job seekers.

Problems we solve

Client’s problem

We are a ‘painkiller’ for the four biggest headaches faced by job seekers and employers alike: excessive cost, needless delay, bad outcomes, unethical practices.

Confirmation of problem

The actuality of the problem is confirmed by persisting unevenness in global workforce distribution, high recruitment costs, and enduring unethical practices.

Solution

Our solution is a government-coordinated approach to international migration, leveraging authorities' unique power to create or amend migration laws.

Our technologies

This solution is based on technologies

We're INSPIRE AFRICA, leveraging public-private partnerships to revolutionize global workforce recruitment ethically. By streamlining processes and cutting red tape, we deliver an efficient recruitment source for employers while providing job seekers complete support from assessment through pre-departure preparations. We champion African perspectives in global conversations ensuring equity and productivity, aiming to set ethical recruitment norms across Africa. Serving both employers or intermediaries and job seekers single-handedly solves issues such as high cost, unnecessary delay, unfavorable outcomes &

How it works

Job seekers enrol in our prep programme and we get them interview-ready. We then match them to roles, coach them to ace the interview and then manage all aspects of departure from job offer onwards.

Value for the client

Employers and job seekers both benefit from a service which is cheaper, quicker, simpler, better and more ethical than any alternative currently available to them.

Market and strategy

Market size

500

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

0.02

% of the market

Is our goal in the next 3 years

Team

My name’s

Andrew Pound

My key role in the product

My key role is the CEO and I'm responsible for setting company strategy, building a strong team, and overseeing financial performance.

Team size and key members

In addition to our COO and Head of Client Services, we could consider bringing onboard a Chief Technology Officer, Product Manager, or Marketing Director.

Competitors

Competitors

While it's true we possess a novel approach in the workforce recruitment space, companies providing individual solutions can still be seen as competition. However, none of them integrate end-to-end solutions like ours.

Our Advantages

We offer an affordable, efficient solution for ethical recruitment from a richly diverse talent pool, simplifying the process while upholding inclusivity.

Business model

Our income comes from a $500 enrollment fee from job seekers, commissions on ancillary services like language courses, and employer fees for successful placements.

Traction

We're in an exciting phase where our monthly revenues surpass operating costs, marking operational profitability. We are on track towards the full recovery of our initial investment approximated at $80,000.

Our company has witnessed consistent progress, successfully transforming into a profitable venture. We're excited about our growth trajectory and look forward to more prosperous developments.

Metrics

Our product metrics include tracking job seeker engagement through contact, conversion, enrolment and payment processes. We measure profile completion rates as well as analyze cross-selling efforts. Further down the funnel we consider candidacy proposals made to second interviews conducted, followed by offers received and visa facilitations completed.. Financial transactions are tracked from invoicing to final payments while also evaluating our performance via Net Promoter Score.

In the initial developmental stages, our startup experienced a year 1 loss of $18k and intensified to a $40k deficit in year 2. This temporary financial downturn is part of our investment towards future success and sustainability of the business.

Incorporation

Our company incorporated in

UK

Key risks

Insufficient investment in improving the quality of our various prep products, insufficient investment in promoting our service to job seekers across all of sub-Saharan Africa and insufficient investment in advertising and promotion to employers who already recruit internationally and might consider hiring Africans if they knew about us.

Investments

$

80000

We raised investments

Our Investors

Myself owning all of the equity.

Rising Investments

$

100000

Currently, we are raising investments

$

1000000

Estimated pre-investment valuation of the company

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We’re looking for a co-founders

As CEO of INSPIRE AFRICA, I'd like to extend an invitation to consider a unique opportunity to fill the vital role of a co-founder in our startup. We are at an exciting growth stage where we have a solid MVP, and our monthly revenues surpass operating costs. We're revolutionizing the global workforce recruitment landscape in an ethical way by offering streamlined processes for employers and job seekers alike. As a potential co-founder, you would be a part of our mission to reimagine the recruitment standards across Africa, infuse African perspectives and ideas in international solutions, and promote inclusivity and equity. The scope of your involvement would depend on your skills and interest areas as we have needs in many aspects from technology development, product management, and marketing. However, qualities like a shared vision, strategic thinking, risk-tolerance and a strong belief in ethical recruitment are a must. We face competition mainly from established companies who have strong financial resources and employer ties.

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Additional information

INSPIRE AFRICA
MVP
Date of Foundation
2021