Harhub cultivates entrepreneurship and facilitates startup growth in Somaliland

By : Melchior Koba

Date : mardi, 31 octobre 2023 12:58

Harhub is a community that fosters collaboration and innovation. It offers appropriate entrepreneurial training to young people as well as incubation services, mentoring, coaching, and technical assistance to entrepreneurs.

Hargeisa Hub (Harhub) is an innovation, co-working, and training space that supports entrepreneurs and innovators in Africa. Founded in 2018 by the Shaqodoon organization and led by Mahamoud Batalaale, an investment and business development specialist, it aims to reduce youth unemployment in Somaliland.

HarHub establishes incubation and acceleration initiatives tailored for young entrepreneurs, assisting them in refining their products, penetrating new markets, validating their concepts, and fostering expansion. Its flagship incubation program, Harhub Business Incubation, is designed to provide entrepreneurs and digital nomads with a secure space to foster startup growth and sustainability. It also encourages collaboration between entrepreneurs, through its coworking space. Participants in its programs gain access to a diverse network of global specialists.

The center is also developing training and investment programs to provide high-quality training and unique access to finance for startups and small and medium-sized enterprises in the early stages. The initiative aims to empower young, innovative entrepreneurs from low-income backgrounds, enabling them to independently establish their ventures.

Through its acceleration program, it helps young companies to develop, expand, and penetrate new markets. Harhub accepts all types of innovative businesses but, it mainly focuses on companies in the agriculture, livestock, energy, and technology sectors.

Harhub operates multiple venues dedicated to hosting events and meetings focused on digital innovation, entrepreneurship, and social progress. These events include the Startup Huddle, which brings together budding and emerging entrepreneurs, businesses, and consultants from Somaliland. The latter can be defined as a networking event that facilitates relations between entrepreneurs.

A member of the AfriLabs network, it is supported by UNDP, Crosswise Works, and Oxfam, among others. In terms of impact, Harhub has received 2,805 applications, invested in 124 startups, trained 520 young people, created 161 jobs, incubated 61 start-ups, organized 120 networking events, and mentored 146 young people. These statistics testify to Harhub's significant impact on the local entrepreneurial ecosystem.

Melchior Koba

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