sequa gGmbH
Human-Centric Digital Transformation
Information
Company Description
sequa gGmbH is a German non-profit development organisation and Partner of German Business, active globally since 1991. sequa implements international cooperation programmes focused on private sector development, supporting SMEs, chambers and associations, vocational training, and trade promotion to foster sustainable economic growth.
Team
The BIC Ethiopia initiative is implemented by a dedicated local sequa team in Addis Ababa, supported by sequa’s headquarters in Germany. The team works closely with Ethiopian public and private partners to coordinate activities, strengthen incubation ecosystems, and facilitate access to business development services and finance for startups and MSMEs.
Countries of Operation
Ethiopia, Global
Ownership of Company
European Company
Number of years since incorporated
34 years
Stage
Established (mature)
Annual Revenue (in EUR)
EUR 10,000,000 – 100,000,000
Number of employees
101–500
Project Pitch
BIC Ethiopia (Business Incubation) is an EU-funded programme designed to strengthen Ethiopia’s business incubation ecosystem, with a particular focus on agri-tech and agri-business startups and MSMEs. The project addresses structural gaps in incubator sustainability and technical capacity by introducing benchmarked best practices, professionalised operating models, standardised curricula, and improved revenue mechanisms.
The programme enhances the skills and capabilities of incubation hub staff through practical training, organisational development, and ongoing technical support. It also promotes stronger linkages between incubators, private financial institutions, and investors, enabling innovative financing solutions and improved access to capital for growth-oriented enterprises.
By empowering incubators to better support high-potential startups, BIC Ethiopia contributes to increased market access, income generation, and job creation, strengthening Ethiopia’s entrepreneurial ecosystem and private sector competitiveness.
Total Project Cost (in EUR)
EUR 5,555,500
Financing needs (in EUR)
EUR 5,000,000
Type of financing needed
Grant
Planned allocation of fundraising capital
Expansion (expanding an existing activity)