Mirepa Capital LTD. and Mirepa Investment Advisors Support the Scaling Readiness Program for Ed-tech Entrepreneurs: Phase II
Last week, Mirepa Capital LTD. and Mirepa Investment Advisors contributed to the second phase of the Scaling Readiness Program in Addis Ababa, Ethiopia. Led by Reach for Change (Ethiopia) and funded by the Mastercard Foundation, this year-long initiative provides capacity building and financial support to 13 Ed-tech businesses, helping them scale and enhance learning outcomes.
The current state of Education in Ethiopia
Ethiopia’s education system is facing a significant challenge. This is evidenced by the alarming statistic that nearly half of the schools administering the university entrance exam in 2023 had a 96% failing rate. This issue has severe implications for the future prospects of Ethiopian youth.
Strengthening the Growth of Ed-tech Businesses
Building on the foundation established last year during Phase 1, the second phase began with an immersion week in February. This stage introduced key frameworks and strategies to help Ed-tech entrepreneurs accelerate their journey towards scale and long term impact. The Mirepa team worked closely with assigned coaches, offering tailored guidance to the 13 selected companies.
To deepen engagement, the Mirepa team conducted site visits alongside coaches, assessing business models and journey maps to provide hands-on recommendations for scalability. Coaching sessions focused on business development, financial sustainability, market positioning, and impact measurement.
Advancing Education Solutions
The Mirepa team is committed to strengthening EdTech enterprises that address challenges in affordability, accessibility, adaptability, and engagement. Through structured coaching, these businesses are equipped with the tools and networks necessary to refine their models and scale sustainably.
Looking Ahead
As the program advances, Mirepa remains dedicated to supporting these transformative Ed-tech ventures. The collaboration with Reach for Change and the Mastercard Foundation highlights the vital role of public-private partnerships in driving educational progress.
With Phase 2 well underway, the program continues to empower entrepreneurs with the knowledge and resources needed for long-term success. Mirepa Capital LTD. and Mirepa Investment Advisors are proud to be part of this impactful initiative, helping to shape a more inclusive and innovative education system in Ethiopia.
