VERDE VENTURES – Incubation and Venture Capital
Investment year: 2018 and ongoing
An accredited incubator and accelerator by the Mauritius Research and Innovation Council (MRIC) under the National SME Incubator Scheme.
The founders of VERDE bring their combined 20+ years in investments to the projects accepted under incubation or acceleration. The founders have worked for renowned institutions such as UBS, Schroders and Silk Invest in multiple asset classes and are among the very few people to have private equity fund management experience. They leverage on their knowhow, network and innovative processes to accompany projects.
VERDE VENTURES supported three cohorts of 18 projects up-to Q1 2020. 70% of those projects are today up and running businesses. Amongst those, we today use the services of software development firm Ogment for all our tech and innovation projects.
VERDE VENTURES has so far not invested in any of the projects it has incubated or accelerated. However, the founders remain open to opportunities in any sector with like minded entrepreneurs.
VERDE HOUSE – Real Estate Development Project
Investment year: 2019
Strategic real estate investment by the founders of VERDE to move from a 25 sq m shared facility office in Ebene to own building strategically located between Ebene and Port Louis, in Soreze. VERDE’s activities are now on a 684 sq m plot of land with a three-storey 550 sq m building. For now a full floor of 250 sq m with all facilities to provide co-working possibilities to those in our network has been allocated to VERDE.
Construction works started in the first week of Jan 2019, and VERDE’s started operating in its new building in June 2019. The project management, from construction to finish was done by the founders.
Communications and Media Analytics platform
Investment year: Phase 1 2019
Investment year: Phase 2: 2020
verde.mu is a proprietary development project, which combines the media related services offered by VERDE. The media services are based on strong data and analytics capabilities.
The project was developed in two phases, in line with VERDE’s long term strategic plan.
Phase 1 was completed and launched in mid-2019, with the use of a real time notification based system with a comprehensive document management system for all media related to our clients.
Phase 2 will be developed and launched by Q2 2020, with a focus on online data driven communications tool. This will democratize the use of specialist communications expert on an ad-hoc service at affordable rates, as compared to traditional communication firms which charge retainers and making the service too expensive to most firms.
To access the platform, visit www.verde.mu
An initiative to support the business community from the impact of COVID-19
Launched in partnership with Ogment.
For more details, visit www.Mauritius.bfc19.com
Investment year: 2019 – 2020
On track for release. Follow us on FB for more details in the coming months.
OUR INVESTMENT PHILOSOPHY
All our investments are underpinned by insights and market intelligence. We strive to remain positioned and invested in niche segments where we truly believe we can create long term value or bring differentiated services and solutions. Our strategic initiatives are backed by our core beliefs:
– Bold plans backed up by strong implementation capabilities
We believe ambition is best served by disciplined pragmatism and concrete insights. We train people to find and measure traction before committing to scaling up. We encourage a culture of hard work, rigorous market understanding and detailed use of data in decision making.
We are free to invest independently. Our decisions rely solely on the belief of the founders and their advisory board members.
– Long term success
We believe in building long lasting business models. We do not invest in quick-win businesses as we are in to create sustainable value.