Baisikeli Ugunduzi is a for-profit social business that specializes in bicycle components for the Sub-Saharan African market.
[4][7] Baisikeli Ugunduzi was awarded $100,000 in Development Innovation Ventures (DIV) stage 1 funding from USAID.
[1][8] The enterprise won first place in the Central Michigan University New Venture Competition, worth $30,000, plus an additional $10,000 for Best Social Venture,[5][9][10][11][12] was awarded "Top 40 Project 2012" in the Dell Social Innovation Challenge,[2] and was a semi-finalist for an Echoing Green Fellowship.
[14][15] In April 2014, Baisikeli Ugunduzi placed third in the Global Social Venture Challenge where they were awarded $7,500.
[2] It is a solid, cylindrical piece of elastic material that replaces the standard inner tube and can be cut to length to fit any size tire.