At the EFI, we support innovators, entrepreneurs, thinkers, makers, do-ers.
We are passionate about transforming the fashion industry into a driver for social impact and the Sustainable Development Goals and support other businesses who do the same.
The EFI Business Lab is a programme to help kick-start a selection of businesses, support them in becoming investment-ready and equip them with the tools they need to achieve impact. The EFI Business Lab will be an intensive programme of business planning, product testing and mentorship sessions. Together with the teams, we will work on validating and enriching their existing ideas to take them to the next level and let investors make an informed investment decision.
The EFI Business Lab
Development & validation of ideas
Sessions will include; Know your customer, User panels, Tech, Legal, Branding and Pitch Coaching
Adding insights from industry experts
Customised workshops with experts in Tech, Branding, Storytelling, Digital Marketing, Product, Finance, Legal, etc…
Product Support for MVP
Support in creating MVP to demonstrate validation of product/market fit using feedback from beta customers
Who’s taking part?
African Designer Accelerator
The EFI Accelerator Programme for African designers targets existing fashion brands producing in Africa who require additional support in accelerating their businesses in the global marketplace. Two brands from the Accelerator have been selected to join the EFI Business Lab, where they will undergo a tailored mentoring programme in every aspect of the business of fashion.
Hackathon
Our 2020 Hackathon, which you can read about in full here, resulted in 30 ideas that addressed major challenges in the fashion industry. Out of the range of fantastic ideas, 3 proposals have been selected by a committee and are now participating in the EFI Business Lab to support them in their journey of disrupting the fashion industry.
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