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Barclays Black Founder Accelerator 2021:
Tribes Capital

 

Tribes Capital is an impact investing platform that gives diasporas & capital holders access to commercially viable sustainable energy infrastructure to scale the adoption of renewable energy among SMEs within emerging markets.

Why did you join the Barclays Black Founder Accelerator?

We decided to join because it's timely for us, an avenue to support others and also be mentored within a safe environment in order to push us to the next phase. We also want to form long last relationship with other like-minded founders.
 

Why did you want to start your business?

"To solve personal challenges that many others have experienced. Diasporas has many stories surrounding investing back in their own home countries, trust is a common trend & major issue. Below are some of the reasons why we started Tribes Capital:

  1. Apart from Real Estate and various Paper Assets, there no other investment vehicle that are readily available.
  2. There's not enough of investment information available in the market that can help them to make better decision.
  3. There's no trusted service provider they can entrust their funds onto.
  4. Increase the adoption of renewable energy among SME within the emerging market.
     

What would be your desired outcome from this programme?

Gain access to a wider community of founders, financiers and mentors that will form an important part of our journey.
 

Which entrepreneur inspires you the most and why?

Elon Musk. He gathered people together to achieve a future world where we all want to see today and I believed he managed to do this by sharing his why & purpose as they challenge the status quo.
 

What has been your biggest win in your entrepreneurial journey?

Gathering a founding founder's team that are experts within their own field and share similar values of what we aim to achieve with Tribes Capital.

What has been your biggest challenge?

Financing and time. I've been bootstrapping this and had worn so many hats in order to keep the fire burning, stay motivated and balancing it with family commitments.
 

Where did you go for business advice and how did it help you?

I will perform my own due diligence to gain more insight into the possible solutions and then consult a business mentor or subject matter expert. The outcome of such conversation will either shed more light onto areas that requires more thought process, put things into perspectives considering the risk/reward or opportunity cost involved.
 

What drives you to make your business a success?

Benefit of cost saving to the SMEs can be put towards good cause within their local community, increase standard of living, encourage girls to pursue STEM career, reduce climate change effect, reduce gender in-equality, create employment and entrepreneur among women.
 

What advice would you give other founders thinking about starting their own business?

Just start, start early, start young and fail fast.

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