#FundMyMBA - Africa's Rising

€3,795 of €5,000 goal

Raised by 78 people in 54 months
Welcome to my crowdfunding campaign to raise funds for my MBA (Masters in Business Administration).

Having this MBA will bring me closer to my heart´s work: using technology to solve the world´s biggest and most basic social challenges. For example; using mobile phone technology to allow Africa´s unbanked to have access to money.

Here is the real picture about Africans and MBA programmes:

- African representation in international MBA programmes is lower than any other continent.
- Only 4 out of every 1 million Africans enrol in an MBA programme. Globally, that number is more than 40 for every 1 million (which means, for every 1 African applicant, there are 10 non-African applicants).
- Africa is the biggest go-to emerging market with endless business opportunities for foreign investment.
- One of the main factors and ultimate barriers for many Africans considering doing an MBA is funding.

I am an African entrepreneur and I have recently been accepted into an international MBA programme at IE Business School in Madrid. The tuition cost is €58,000 and I have been fortunate enough to receive a grant from the school to cover a percentage of my fees. In order for me to get access to the grant and attend classes, I have to pay an initial fee of €5000 to secure my seat.

I have tried over 90 public and private foundations, scholarships and bursaries, but they are either not for international post-grad studies, not for South Africans or not available for MBAs. The continent where I was born combined with being an entrepreneur paints an unstable picture for European-based bank loans.   

This is why I am doing a crowdfunding campaign. There are a lot of people with deep pockets, but there are more people with regular-sized pockets.  I am appealing to 250 regular-sized pocketed people who are willing to part with 20 euros to make up the €5000 I need to start the course. Or less, anything you can give will help make a difference.

My classes start on the 10 Nov, so I have a month to make this happen. By contributing to this campaign (and the success of it) not only will you enable me to do an MBA, but more importantly, this could inspire at least one other African student to see the possibilities of doing an MBA. Maybe we could increase the number to 5 out of every 1 million Africans enrolling in an MBA programme.

Thank you for being part of this with me.

A little bit more about me: Stuart Minnaar

Why I chose IE Business School?
- focus on entrepreneurship and social innovation
- there is a start-up incubator on campus called Area 31 .
- ranked at number 1 business school in Europe - Financial Times.
- ranked at number 3 internationally  by Bloomsberg Business.
- it is in the heart of Madrid.




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29 days ago I decided to do a crowdfunding campaign to raise the funds I need to get into my MBA class. Little did I know.

This has allowed me to raise some funds and for a friend to very kindly offer to loan me some funds to meet the target.

I am humbled by all the support and what all your acts of kindness have generated. It is definitely something that I will pass on.

There is one day left of this campaign, so I am giving it one last push .
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Made it over the €1000 mark today (airpunch), thank you so much to everyone for all the support, comments, likes, messages and shares.

Having all this support makes this feel more and more possible.

Baby steps...

Thank you so much #fundmyMBA #IEfan
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Read a Previous Update
Alina Gratschner
53 months ago

Stuart is one the most inspiring human beings I ever met. His energy and vision to make this world a better place is addictive. I wish him all the best for his time in Madrid.

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€3,795 of €5,000 goal

Raised by 78 people in 54 months
Created October 9, 2014
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€50
Anonymous
22 months ago
€100
Anonymous
52 months ago
NT
€50
Nemanja Trecakov
52 months ago

Good luck!

JH
€15
Josh H
52 months ago
LW
€20
Lesley Williams
52 months ago

Stuart, your dreams give the rest of us permission to dream big and pursue the impossible from whatever context we come from. Wishing you all the best!

EM
€5
Elizabeth Meiring
53 months ago

Blessings for your courage and determination and for being interested in aligning business with our broader community. If Alliyah says you deserve support then I know you do :-)

TC
€50
Tanya Clarke
53 months ago

Best of luck babe!! Am traveling in India right now so bit late. xx

€40
Anonymous
53 months ago
Alina Gratschner
53 months ago

Stuart is one the most inspiring human beings I ever met. His energy and vision to make this world a better place is addictive. I wish him all the best for his time in Madrid.

+ Read More
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