May 8, 2019
Allon Raiz is "a collector of entrepreneurs." He has built, in the words of The Economist, "the only true business incubator on the African continent”. And he has done this without any government assistance. Over 19 years, he has incubated 12500 businesses, of which over 500 are currently in his Raizcorp program. These businesses maintain an average revenue growth rate of 41 %, and 238% profit growth rate.
He has developed a scientific process of identifying high potential entrepreneurs and assisting them to sidestep costly mistakes and be the best that they can be. He writes, he lectures, and generally, he is a prime example of how much of a difference one incubator and individual can make in the course of many people’s lives. And he is now taking his approach to business incubation further up in Africa, a continent that feels holds tremendous potential for entrepreneurs and his business incubator, Raizcorp.