Venture Builder Weekly
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Venture Builder Weekly

Welcome to the GrowValley Newsletter! ??

Your go-to source for captivating news and insightful perspectives in the realm of venture building and innovation. ????

In this edition, we delve into the key ingredients to build a high-impact startup, uncover the highlights of the big technology news in the UAE and beyond.

As the world undergoes seismic shifts, it's crucial to stay ahead of the curve and navigate through the noise. Join us on this exhilarating journey as we uncover the boundless possibilities that lie ahead in the world of GrowValley. ????

Without further ado, let's dive into the latest news and explore the captivating stories that await!


??Crucial Ingredient for Impact Startups: Aligning Business and Impact Models??

Hey changemakers! ?? Get ready to dive into the heart of impact startups and uncover the secret sauce that fuels their success. Wamda recently wrote an article on “the key ingredient for successful impact startups”! Here are the highlights????

Impact & Business: A Dynamic Duo

When impact-driven startups harmonize their business methods with solving global challenges, magic happens. ??? Picture this: a virtuous cycle where business success and community upliftment go hand in hand. But beware the pitfall – if your impact and business models don't dance together, you're missing out on a golden opportunity. That's where Impact Business Models (IBMs) come into play. These blueprints are all about crafting a business that drives positive outcomes. As you grow, so should your impact, and vice versa. No compromises allowed! ????

Crafting Your Theory of Change (ToC)

Impact startups, listen up! ?? Your North Star is your Theory of Change (ToC). It's like a treasure map to guide you toward creating real impact. The ToC plots out your journey, showing how your startup's activities lead to tangible, lasting change for beneficiaries. ???? Think of it as a roadmap to success that ensures you're not just solving a problem, but revolutionizing the game. Don't just go with the flow – steer your ship with intention!

Unleash Your Go-to-Market Mojo

Finding your niche and getting your product out there is an epic quest for all startups. ????? But for impact startups, it's an odyssey with a twist. Your target beneficiaries might not be in the typical customer lineup. ?? Here's the scoop on three go-to-market strategies:

  1. Direct to Beneficiary: When your beneficiaries are also your customers, the impact is supercharged. Access to healthcare, education, and more – this model's a game-changer! ????
  2. Stakeholder Engagement: Serve others in the value chain – suppliers, distributors, or employees. You're not just selling, you're building prosperity. ????
  3. Third-Party Win: Cater to customers who pay on behalf of beneficiaries. Think B2B, B2G, or B2B2C models. A ripple effect of impact and profit! ????

Lean & Mean for Impact

In this corner, we've got lean impact startups – agile, adaptable, and ever-evolving. ??? ♂??? Your ToC and business strategy aren't set in stone. Stay fluid, keep learning, and feed off feedback from the people you're impacting. ????? That's how you hit that sweet spot between your business and impact model. Keep your finger on the pulse and never stop innovating!

Impact-driven dreamers, you hold the key to transforming the world through business. ???? Keep hustling, keep iterating, and remember, impact isn't just a side dish – it's the main course that powers your startup journey.

?? Want to read more? Check out the full [article]


?? Tech Highlights

Get ready for your weekly dose of captivating tech updates that will keep you at the edge of your seat. From groundbreaking autonomous driving achievements to revolutionary AI breakthroughs, let's explore the exciting world of tech together! ????

?? Autonomous Victory: Waymo & Cruise Triumph in San Francisco

Breaking news from the streets of San Francisco! ?? Waymo and Cruise, the pioneers of autonomous technology, have emerged victorious after a riveting six-hour public hearing. The result? These trailblazing companies are now officially allowed to operate their robotaxi services 24/7. The autonomous era is no longer a dream – it's reality! ????

?? Custom Instructions Unleashed: ChatGPT Gets Personal

Exciting news from OpenAI! ??? ChatGPT is now at your command with custom instructions. Whether you're a premium user or part of the free tier, you hold the reins to guide the conversation. It's a more personalized dialogue, tailored to your preferences. Your words, your way. ????

?? Dubai's Tech Ascent: Innovation Takes Center Stage

Dubai is back in the spotlight, and this time it's all about tech marvels! ?? From AI-powered taxis to data-driven user happiness initiatives, Dubai is setting the stage for a remarkable digital transformation. The city's streets and skies are embracing innovation, painting a bright future in the canvas of technology. ?????

?? UAE's Digital Dominance Continues

A digital powerhouse in action! ?? The UAE boasts an impressive 99% of its population riding the internet wave, leading the global digital charge. With over 10 million active social media accounts, the UAE's digital landscape is thriving. It's a digital symphony that the world is tuned into. ????

?? Middle East CEOs Embrace the AI Frontier

AI takes center stage as Middle East CEOs rally behind innovation! ???? A groundbreaking IBM study reveals that a remarkable 61% of visionary CEOs predict AI, including generative AI and deep learning, to be the catalyst for monumental achievements in the years ahead. Cloud computing and automation are joining the AI parade, with 55% and 51% of CEOs acknowledging their vital roles. The future of tech is now – welcome to the AI revolution! ????


??GrowValley Ventures: Fueling Innovation at Expand North Star 2023!

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We've got thrilling news to share – GrowValley Ventures is proud to announce our role as community partners for the spectacular Expand North Star 2023 event! ??

?? Event Details:Expand North Star 2023, Dubai, UAE

Get ready for the biggest startup and investor connection extravaganza of the year! Returning for its 8th edition, Expand North Star is gearing up to set the stage on fire with an even grander lineup of startups, inspiring talks, mentorship clinics, pitch competitions, investors, VCs, and much more. And here's the cherry on top – we're taking this excitement to the iconic Dubai Harbour, strategically placing Expand North Star at the heart of media, digital, and startup hubs.

Date: 15th-18th October Location: Dubai Harbour, UAE

?? Event Highlights: Expand North Star is all set to shine even brighter as it co-locates with industry-defining events like Fintech Surge, Future Blockchain Summit, and Marketing Mania. Drawing inspiration from the grandeur of GITEX Global, this is where startups step into the limelight and soar to new heights through interactive Q&As, mentorship, product showcases, meetings, pitch competitions, and cutting-edge conference sessions.

?? Expand North Star+ Pass: Your Ticket to Innovation Don't miss out on the action-packed four days that await you with the Expand North Star+ Pass! Dive into a world of discovery with over 1,400 exhibiting startups, pitching their groundbreaking ideas to over 1,000 investors. Get inspired by 70+ unicorn founders, gain insights from 250+ live speakers across 8 electrifying stages, and immerse yourself in the next big tech breakthroughs.

??? Ready to Elevate Your Journey? Register Now! Secure your spot at the epicenter of innovation by registering for Expand North Star 2023. Here's your gateway to a realm of possibilities, connections, and inspiration that will fuel your entrepreneurial spirit.

?? Click here to register now!

Don't miss your chance to be part of a game-changing event that brings together the brightest minds, boldest ideas, and boundless opportunities. Join us at Expand North Star 2023 and let's shape the future of tech, together! ????


?? Tweet of the week ????

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??Curious Cats ??

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Product Managers, say hello to your growth-focused alter ego. ??

Why the shift? Airbnb just shook things up by waving goodbye to its 'Product Management' gig. They're all about user love, experience, and delight now. Plus, they recruited Jony Ive, Apple's Chief Design honcho, adding more oomph to the change. ???

Here's the scoop: PMM + PM = The new Growth Product Manager (GPM). ?? It's not just about launches; it's about post-launch wizardry. Scaling up? Climbing that senior PM ladder? Your golden ticket is the impact your creations leave behind. ????

And here's the kicker – your GTM (Go-To-Market) muscle is your secret weapon. Flex it right, and you'll conquer the game. ??? ♂? Nail that GTM, nail the mission.

Hungry for wisdom on shaping your GTM? Dive in deeper! Book a chat with the GV Club. It's time to level up. ???"


Stay tuned for our next newsletter as we continue to bring you captivating insights, innovative ideas, and the latest happenings in the world of startups and investments. Thank you for joining us on this journey of discovery and inspiration! ?????

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