Resources
for entrepreneurs
Financial information for health clinics
Problem / opportunity: What gap is the business/clinic/entity trying to fill? (E.g., underserved community with insufficient health care services, community lacking a specific specialty, low access to a specific diagnostic machine, other)
Solution / offering: What type of health service/product/offering are you providing? (E.g., clinic, hospital, mobile clinic, other health services? Technology? Medical device? Other?)
Competitive advantage / value proposition: What is this business/organization offering that isn’t currently offered in the market or area? How is the organization uniquely positioned to deliver this?
Impact: What is the expected social impact of the business? Can include patients treated, employees hired, patient outcomes, efficiency metrics, overall economic impact, etc.
Team and experience: Who are the leaders and team members? What relevant experience do they have for leading this health program? Can include education and number of years’ experience in relevant fields.
High-level Implementation timeline: What is the high-level timing and major milestones to implement the program? When will you start? (e.g., when do you start seeing patients, when does production/sales begin)
Revenue model: What are the high-level revenues, costs, profits? What are the ways you will earn revenues? (Types of services provided, goods sold, etc.)
Risk / mitigation plans: What are the risks of your plan? How do you plan to minimize the impact of these risks? (E.g., how do you plan to entice health care workers to come to remote areas, what happens if your marketing/sales isn’t effective enough to drive sales, what if your patient/customer numbers aren’t high enough to cover expenses)
Funding requirements: What amount funding do you need to implement the plan in Year 1 and Year 2? What type of funding are you seeking: debt, equity investment, donor/grant, other?
How We Do It
Who We Target
We identify Africa-based organizations, entrepreneurs, and health care leaders aligned with FAF’s mission. We build relationships with organization leadership and take a hands-on approach to sharing knowledge and building long-term capabilities.
Advise entrepreneurs and managers for long-term impact
We seek to transfer knowledge and best practice to local management so long-term capabilities are built and changes are sustained.
Innovative, pragmatic, context-appropriate interventions
We take global best practices and innovative new approaches and modify them to work in an African context.
Provide Catalytic Funding
We don’t simply provide or promote funding that will serve a short-term need, but prefer to fund initiatives with a path to sustainability. We want the impact of our work to last beyond our interactions and after the funding has been used, and for the organization to eventually fund itself.
