Youth Innovation Bootcamp Fuels 100 Startups, Awards $25,000 in Seed Funding

Mogadishu, Somalia

IBS Foundation’s Youth Innovation Bootcamp turned dreams into actionable business plans, with highlights including:

  • Pitch competitions judged by investors from IBS Bank and Techstars.
  • Top 5 startups awarded grants ($2,000–$5,000 each), including:
    • “EcoFarm” (sustainable irrigation tech).
    • “SheKab” (women-led ride-sharing app).
  • Mentorship from 20+ industry leaders in agriculture, tech, and finance.

“This bootcamp gave me the tools—and confidence—to launch,” shared Abdirahman Ali, founder of EcoFarm.

Long-Term Impact:

  • 85% of participants secured follow-up mentorship.
  • 30% female participation, doubling 2024’s numbers.

Next Phase:
An incubator program launching in June 2025 for 20 select startups.