International startup programme, Seedstars, named Pargo, Wumdrop, and Crew Pencil as winners of its Cape Town pitching event. The event was held at Workshop 17 at the V&A Waterfront on 27 May.
Ten pre-selected startups pitched in front of a panel of judges and audience. The three winners will now go on to compete in Johannesburg where they will go up against finalists from Soweto and Durban.
No ad to show here.
The ultimate winner of the Johannesburg event will represent South Africa at Seedstars World in 2017 and compete for a US$500 000 equity prize. Jacobs Foundation will award US$50 000 to the best global education startup at the final event.
All three Cape Town finalists were awarded three months at collaborative work environment Seedspace, as well as R5000 worth of credits for cloud hosting and equipment from Innovo Network.
Read more: SA startup Giraffe bags US$500k Seedstars World grand prize
Pargo and Wumdrop are based in the parcel delivery sector, while Crew Pencil is an online booking platform for the film industry.
The three finalists were up against AirSME, Britecamp, Carerott, Farmboek, iMobiMama, The Student Hub, and Tribal Tourist.
Entrepreneur Traction is acting as the local partner for Seedstars, with Standard Bank, Omidyar Network, PayFast, and Seedspace supporting the competition.
SA-based mobile recruitment platform Giraffe won the 2015 Seedstars World event where it took home the US$500 000 equity prize.
Feature image: Seedstars
