Besides having a great implementable idea, access to financial resources is variously mentioned by startups as a barrier to their takeoff or expansion. On the flipside, financiers’ headaches often lie in the juxtaposition between returns to their investment and the sustainability of the project. This becomes more challenging when faced with a request to finance a product or project that has not been implemented before – as is the case with innovative products and services within which most green entrepreneurs fall.
AbdulMalik David, Founder and CEO – SixtyFive Prime – is an outlier of some sort – a sustainability champion in word and deed is ready to go an extra mile to see the success of green startups. Sixty five prime was established in 2022 and according to Abulmalik, the business is dedicated to fostering the growth of entrepreneurs and investors alike by offering essential knowledge and resources for financial prosperity. Sixty five prime is a nurturing ecosystem and a bridging borrowers and lenders.
Sustainability is integral to the company’s vision of ensuring a thriving future for green entrepreneurs in various ways. Firstly, by greening financial packages, this entails creating specialised loan products for green businesses with substantial environmental benefits and promoting sustainable innovation.
Following closely, the company provides financial and green busines literacy to give valuable insights into green finance and sustainability, tailored to meet the unique needs of green ventures. “Our focus on financial literacy and sustainable business practices arms green entrepreneurs with the skills needed for success, especially first time entrepreneurs” hence creating a long term relationship.
In other words, the approach offers Customized Support that entails a suite of financial services and support designed to meet the unique challenges and opportunities of green businesses. In this regard, Abdulmalik affirms that enabling unlimited and continued access to extensive financial educational content, empowering green entrepreneurs with a deep understanding of the financial landscape provides an extended support system with long-term impact.
Indeed, Mother Africa is a land of opportunity, creating a future where sustainability and innovation complement each other.
