Diaspora Entrepreneurship Accelerator

The diaspora community is believed to be a catalyst in promoting economic development and job creation through business engagement. With this view, the Danish Refugee Council (DRC) has assigned R&D Group and MDF West Africa, a Dutch/Ghanaian based consulting firm, to support 20-30 potential diaspora partners that are interested in starting or expanding business activities in the Somali Regional State of Ethiopia.

These entrepreneurs will be provided with an intensive incubation program where they go through modern and practical trainings, business coaching, and mentorship services. The program aims to leverage the knowledge, networks, and resources of the diaspora to create sustainable businesses and employment opportunities within Ethiopia.

The initiative recognizes the unique position of diaspora entrepreneurs who often have access to international networks, knowledge, and capital that can benefit the local economy. By facilitating their involvement in the Somali Regional State, the program helps bridge gaps and create valuable economic connections.

Key Achievements

• Supporting 20-30 diaspora entrepreneurs to start or expand businesses
• Providing intensive incubation, training, coaching, and mentorship
• Facilitating economic development in the Somali Regional State
• Creating job opportunities through diaspora-led business initiatives