The Botho University Entrepreneurship Lab or Elab as it is commonly known, was launched in June 2016 by the CEDA CEO, Mr Thabo Thamane with intentions to provide a space where students across the curricular spectrum will come together to share ideas, access resources, and come up with innovative approaches to problem solving. The launch was graced by stakeholders from the industry including banks, the government, and business owners.
Basically, the Elab is like an in-house incubator which supports students and graduates’ entrepreneurs or those aspiring to be entrepreneurs. Students and Graduate entrepreneurs are selected to be a part of the Elab after a rigorous selection process where their idea or business is whetted by experts from industry and academia.Those selected become members of the Elab are called as Elab Residents. Every year the Elab supports about 5 Elab residents.
The Elab operates from the Botho University, Gaborone Campus in Botswana. The Elab is managed by the Student and Alumni Affairs Department (SAAD) at Botho University.
The ELab was established with the following in mind:
- To encourage students and alumni to develop ideas into innovative solutions that can in the short or long run be turned into entrepreneurial ventures. This is as a result of a growing demand from the community of student-entrepreneurs to create a space to collaborate and turn their bursts of genius into something tangible. The Elab is an initiative meant to assist the Botho University students and graduates to identify practical applications to current issues, problems, and needs.
- To identify, mentor, incubate, connect and support outstanding student/alumni-entrepreneurs and facilitate their success beyond Botho University, into the community
The Elab offers the following major activities to selected student and graduate entrepreneurs:
- Dedicated Mentorship
- Expert Coaching/Trainings/Workshops
- Seed Funding
- Entrepreneur Competency Analysis & Development Intervention
- Office Space
- Secretarial Services
Currently the Elab is in its 4th year of operation. The Elab 2020 cohort comprises of 4 residents namely:
If you are interested in becoming involved with the Elab as a mentor, please click here.