Can you introduce TGH Holdings and explain why your company has chosen to partner with Turbine to support entrepreneurs?
TGH Holdings Ltd is a Mauritian investment group specializing in private equity, venture capital, real estate, and diversified portfolios listed on the stock exchange.
The company has partnered with Turbine to contribute to the development of the Mauritian entrepreneurial ecosystem. This partnership is driven by TGH’s commitment to promoting innovation, supporting young companies in their growth journeys, and sharing its management expertise to help startups reach their full potential.
TGH Holdings’ vision, which focuses on diversification, growth, innovation, and sustainability, perfectly aligns with Turbine’s mission to create a nurturing environment for entrepreneurship and innovation.
By combining its strategic expertise with Turbine’s infrastructure and network, TGH plays a key role in supporting entrepreneurs and building a strong, innovative economic future for the region.
Can you explain how TGH Holdings is committed to supporting entrepreneurs through initiatives like the Greenwave Innovation Challenge?
We firmly believe that innovation is a key driver of economic growth and sustainable development. As a sponsor of this program, the company not only provides financial support but also offers tailored training and mentorship to the participating startups.
TGH leverages its extensive network of experts and partners to provide strategic advice, strengthen the operational capacities of startups, and open market opportunities for them. By offering comprehensive support and facilitating access to key resources, TGH helps these young companies overcome the challenges they face, turn their innovative ideas into reality, and maximize their chances of success in the market.
This support reflects TGH’s long-term commitment to developing a dynamic and resilient entrepreneurial ecosystem capable of making a significant contribution to the local and regional economy.
As a coach at Turbine, how do you view the importance of continuous education and training for startups? Can you share some notable successes or lessons learned over the past two years?
As a coach at Turbine, I believe that continuous education and training are absolutely essential for the success of startups. We support them by providing the necessary tools to properly structure their businesses from the outset, develop precise business plans, effectively manage their cash flow, understand the market, refine their value proposition, and develop their strategy. These elements allow young companies to quickly adapt to market changes and overcome the challenges inherent in their growth.
Over the past two years, we have witnessed startups evolve from the idea stage to successful execution thanks to rigorous training and tailored mentorship provided by Turbine. For example, two promising startups that we have supported and coached have successfully raised significant funds thanks to continuous education and strategic support that we provided. These two startups are Sealife Organics, which specializes in seaweed-based fertilizers, and Innofeed, which develops innovative solutions for animal feed.
These entrepreneurs were able to structure their businesses more effectively, which was crucial to their growth and success. This reinforces our belief that skills development is crucial for the sustainability of businesses.
The GIC includes a 3-day bootcamp for local, regional, and international startups ready to scale. What advice would you give to these startups?
My main advice would be to focus on the clarity of their value proposition and be prepared to pivot quickly based on the feedback they receive.
This bootcamp offers an immersive environment where participants can not only refine their market strategy but also develop and validate their business model through interactive sessions and practical workshops.
The sessions are designed to be dynamic and engaging, which means startups should come prepared to ask relevant questions, build strategic connections, and challenge their own assumptions. By adopting a proactive attitude and being open to constructive criticism, these startups can turn these three days into a solid platform for their future expansion.
It is also crucial to manage their time well and prioritize the essential aspects of their business to maximize the programme’s impact on their long-term growth. Finally, I would advise participants to pay close attention to the networking opportunities offered by the bootcamp, as the connections made with other entrepreneurs and experts can prove invaluable for their future entrepreneurial journey.
In conclusion, the Greenwave Innovation Bootcamp offers a unique chance for startups to accelerate their growth in Mauritius and the Indian Ocean region. We extend our heartfelt thanks to the TGH Holdings team for their unwavering support in driving innovation with us. Don’t miss this opportunity!