The Restoration Factory is an e-learning program that assists restoration entrepreneurs in developing enticing and attractive business models of restoration. To achieves this important objective, it harnesses the expertise of a community of private sector mentors who are committed to guide their mentees through each step of their business discovery journey.
The six-month program has sought to work with projects in early stages that have a restoration component in them and show robust revenue generation perspectives as well as drive to reach a critical community in the conservation and climate-smart space. The cohort comprises 51 entrepreneurs drawn from different parts of the country, with a strong emphasis on enterprises in rural counties. These efforts are deliberate as most incubation and acceleration programs mostly concentrate in major towns, leaving out viable enterprises from their support.
By the end, each participant will have prepared a business plan that best represents its economic and financial potential, paving the way for a fruitful engagement with investors and donors.
The incubation program has been created to support the emergence of commercially viable community inclusive and climate-resilient businesses that restore ecosystems and preserve natural landscapes within the environment.
The ESOs supporting the program in Kenya are E4Impact and Mt. Kenya Hub.
In terms of coaching and mentorship, the program has recruited at least 35 mentors globally who will take up slotted informative sessions to engage with the incubation program will be a blended program that will allow entrepreneurs to access a platform that offers learning by doing approach, as well as access to the most recent entrepreneurship methodologies start, will be built on the entrepreneur’s documents to support on approaching investors and entrepreneurial support. Throughout this journey to bankability, each participant will be able to count on his or her mentor to guide him with valuable advices and insights. Learning can then become more practical, more efficient and more impactful.
The program is running from June to December 2022 with a final pitching competition that will see the top entrepreneurs.