About the Campaign
ZimStart aims to help entrepreneurs turn this ideas into small businesses by helping them access funding, training and expert advice. We help entrepreneurs formulate business plans and assist with feasibility studies and market research to ensure that the business will be viable. It is the goal of ZimStart to help Zimbabwe reduce it’s reliance on imports, while encouraging our entrepreneurs to export their products as well as supply the local market. It is also our goal to help startup businesses that support the community, reduce poverty, create jobs and protect the environment.
All donor funds are paid back to ZimStart with a small amount of interest. Repayments go into a revolving fund which will be reused to support future applicants. Investors are free to browse the available business plans on our website and invest in the ones they want. Investors are put in touch with the entrepreneur to negotiate repayment or equity terms. ZimStart will help to enforce these agreements and provide some protection for investors.
HOW WILL THE FUNDS BE USED:
Condensed business plans for each project are posted on our website: www.zimstart.com. Each project includes a budget which shows what items are needed as well as the approximate cost. Funds will be allocated to these items. In most cases ZimStart will pay for equipment and stock directly to suppliers – this also saves on the 2% transfer tax. In addition to this, all funds and expenses are listed on our website for full accountability. Entrepreneurs will be required to send us receipts and proof of payment for any purchases they make.
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