Kenyan social entrepreneur wins Global Competition, a worldwide program that engages millennial entrepreneurs seeking to grow their businesses
Venuste Kubimana, a founder of ‘A Water Kiosk At School’ in Kenya has emerged a grand prize winners of its 2019 NextGen in Franchising Global Competition among other four millennial entrepreneurs, who hailed from the United States, Philippines, Australia, and Kenya.
He was named the winner of the Social Enterprise Franchise category.
As a winner, he is expected to draw in a loft of benefits from the franchise. These include a trip to IFA’s Annual Convention, complimentary Convention registration, and travel expenses (up to $1,500 USD), a spot at the NextGen in Franchising Summit, a two-day educational and networking program and an opportunity to participate in the next round of the NextGen in Franchising Global Competition for a chance to win a monetary investment to help grow your business.
The winners also get an opportunity to network with leading franchisors, franchisees, and suppliers, as well as other young entrepreneurs as we;; as extensive, industry-wide media exposure.
They were selected from a group of 12 winners of the Global Competition, a worldwide program that engages millennial entrepreneurs seeking to grow their businesses through the franchise business model, and the only start-up business accelerator in the world focused on franchising.
Named among Africa’s Top 50 Innovators in 2018 and AIDF Global Innovator of the Year, Venuste Kubwimana is a youth activist and social entrepreneur based in Kenya. He is the Founder and Secretary General of the International Transformation Foundation, a parent organization of the franchising initiative A Water Kiosk at School launched by Venuste in 2014.
He was inspired by personal experiences growing up in communities where students walk long distances to gather water for their families before and after going to school. As a result, many children in the area have a high tendency to drop out of school in order to meet their needs.
A Water Kiosk at School is a school-based and student-managed business selling clean tap water to community residents at an affordable price. It is both an educational and profitable business teaching students business and entrepreneurial skills and generating much-needed income for schools.
Samuel Munguti of Farmers Pride an organisation based in Kenya was also a winner in other categories.
Former Fortune 50 CEO and 2016 Presidential Candidate Carly Fiorina led a panel of judges for the final round of the Global Competition — which was sponsored by the Frederick A. DeLuca Foundation and Subway International — on Wednesday, Feb. 27, when each participant pitched their business concept to Fiorina and a panel of industry experts, as part of a convention with nearly 4,000 attendees, for the chance to win an investment of $5,000 – $10,000 to help grow their business.
In addition to Carly, judges included Suzanne DeLuca Greco, board member of the Frederick A. DeLuca Foundation, and Shelly Sun, CFE, CEO and Founder of Brightstar Franchising LLC.
“I have counseled numerous entrepreneurs and business leaders throughout my career and can honestly say the 2019 NextGen in Franchising Global Competition winners are an incredibly talented group with bright futures ahead of them,” said Carly. “It was an honor to share my experiences and advice on how to persevere as a leader as they move their businesses forward, continue to expand, and inspire the lives of many throughout their journey.”
This year, Jeremy Hassell, founder of City Cave, took home first place, which included a $10,000 cash prize. Princess Diana Rosario, founder of What’s Your FLAN?, and Brooke Gagliano, founder of Frutta Bowls each received $5,000. The judges also awarded a $5,000 prize to Venuste Kubwimana, founder of A Water Kiosk at School, a social enterprise franchise.
Since the program’s inception in 2015, over 2,500 millennial entrepreneurs from more than 75 countries have applied. Many NextGen winners have been featured in top business publications such as The New York Times, The Wall Street Journal, Inc., and Fast Company, among others.
“What I love about the NextGen in Franchising Global Competition is that, each year, our winners truly represent the future of our industry. They have embraced franchising and are passionate about empowering others to go into business for themselves, but not by themselves,” said David McKinnon, CFE, founding sponsor of the NextGen in Franchising program.
“These are some of the brightest young entrepreneurs I’ve had the pleasure of meeting and I am excited to see how they leverage the knowledge gained and connections made over the last few days to grow their businesses.”