Victory Re-imagined!

1888EC

We are a venture studio. We create startups, provide expertise, co-invest and rapidly launch ideas to market.

Founded in 2020 by Solomon Kassa (TV Personality, tech consultant, strategist, author, and public speaker), we aspire to be the fastest launch pad for disruptive innovations and businesses from Ethiopia that will champion wealth creation, digital transformation, and employment.

I created 1888EC to make it a platform that I wish I had when I was younger. The studio aspires to empower so many youth tech innovators!”
Solomon Kassa

Our Founding Story

1888EC is named after the historic Battle of Adwa. The “EC” holds multiple meanings, including, Entrepreneurship Center, Equity Central and Ethiopian Calendar.

This multi-layer representation of our past victory is adopted to inspire new victories against poverty and other challenges of the future — through entrepreneurial grit and equity-based development.

Our
Vision

To be the launchpad of successful startups.

Our
Mission

To solve society's grand challenges through entrepreneurship.

Our
Value

We commit to creating sustainable ventures.

Our Approach

Our venture studio offers a repeatable approach where a valid problem statement is identified, a team built around it and investments are made to quickly enter the market. As of now, we are sector agnostic, however, we require that a startup has a clear path to profitability and scalability to be hosted in 1888EC.

We raise investment from multiple sources including equity (local + international), proceeds from professional services offered by our sister entities and grants provided by developmental partners.

Ideate

We maintain an open ideation process where all ideas are welcomed and heard — whether they are generated internally or externally.

Validate

Every idea sounds good at first. We put an idea through validation to assess demand, feasibility, unit economics, marketability, investor interest, and more.

Create

We build a team around the project and rapidly develop a prototype or MVP (minimum viable product) to take to market and assess our customers' feedback.

Spinout

Successful startups require top talent and investment. We will provide all support needed to ensure rapid incorporation.

Scale

Once a company is established, our role transitions into governance to realize the full potential of the startup.

Repeat

Yes, we will ideate, develop, grow, exit, and repeat!

Portfolio companies being built, backed, and scaled through the studio.

Triopia

An e-tourism marketplace dedicated to marketing and promoting local experiences and destinations worldwide.

Stage: Early · Needs: <$500K

LinkPharm

A robust pharmaceutical marketplace for businesses that connects the pharma supply chain in Ethiopia.

Stage: Early · Needs: $2.5M – $5M

LoanLink

A dedicated financial services company that delivers loans to policy projects in Ethiopia.

Stage: Early · Needs: <$500K

Enibla

A network of outlets that serve lightning-fast Ethiopian cuisine for the working-class urbanite.

Stage: Early · Needs: <$500K

EthioSpare.com

A trusted source for retailing top-quality vehicle spare parts, delivered straight to your door.

Stage: Early · Needs: <$500K

Limar

An ed-tech platform that leverages crowdsourced content to distribute quality, affordable educational content.

Stage: Early · Needs: $5M – $10M

Network

Through our vast network of partners, management and advisory board, we are best positioned to facilitate meetings with the right people.

Resources

We offer initial investment, office space and shared administrative resources to ensure low-cost operation of our startups.

Governance

We ensure sound governance practices are in place early on.

Impact

Sustainability

Create young entrepreneurs driven by critical problem-solving thinking and "can do" mindset.

Job Creation

Provide employment opportunities for the youth in Ethiopia and beyond with emphasis on women.

Ecosystem Building

Contribute to a startup ecosystem development through our venture building.

Digital Economy

Produce a tech/knowledge-based economy and bring digital transformation.

1888EC Consulting is a boutique consulting firm which is part of 1888EC.

1888EC Consulting is home to experienced business and technology consultants and offers a wide range of services: including software/systems development, strategy consulting, business process improvement, technology planning and implementation, as well as data analytics.

Our team brings over 10 years of diverse experience in the consulting industry globally, and we are passionate about helping our clients to achieve their business objectives. We specialize in adopting cutting-edge technologies to develop innovative solutions that drive our clients' success.

As part of a portfolio of the first of its kind venture studio, working with us means supporting innovative startups that we are investing in to advance economic growth and development in Ethiopia.

Our clients

Client Client Client Client

We also offer the perfect blend of work environments to suit your needs:

Our Team

Solomon Kassa

Founder and CEO of 1888EC, the first venture studio in Ethiopia. Solomon brings 16+ years of international technology consulting, strategy, media, authorship, and public speaking experience.

Solomon Kassa

Founder

Teshager Amare

Leads consulting and venture studio operations at 1888EC, overseeing ventures across e-commerce, food, education, finance, and delivery teams for consulting projects.

Teshager Amare

Head of Operations

Kibru Demeke

Full-stack developer in charge of the technical team of 1888EC. Kibru has experience building web-based and native software and previously co-founded a startup.

Kibru Demeke

Tech Lead

Hulubanchi Banthihun

Leads finance at 1888EC and manages the company's financial operations. She has a background in accounting and several years of field experience.

Hulubanchi Banthihun

Head of Finance

1888EC Advisory

MCF Activate Meda Chat 360

Contact.

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