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All posts by Graham van der Made: Editor

  • LulaLend is a true fintech company mixing tech and finance

    Fintech is a buzzword that tends to be applied to any financial company doing anything with tech in some way or another. LulaLend is a fintech company that actually uses the word in a meaningful way as it successfully meshes technology and financial services. LulaLend is South Africa's first and only online, automated short-term business funding solution. The company allows for prospective clients to apply for short-term business loans in minutes and have their request approved within hours. The company is founded by Chief Technology Officer (CTO) Neil Welman (pictured top left) and Chief Executive Officer (CEO) Trevor Gosling (pictured top...

  • LaunchLab announces its 9 Ideas Programme winners

    Stellenbosch-based accelerator, LaunchLab announced its nine winners in for their Nedbank Stellenbosch University Ideas Programme bi-annual competition. The competition saw 17 finalists compete for a share of the final seed funding prize. It is run of all 4 of the public university campuses in the Western Cape, and includes False Bay College, a technical vocational educational training institution. The 17 young entrepreneurs pitched their startup and business ideas to a panel of judges in front of a live studio audience. They were able to submit ideas to challenges posed by industry partners in the Payments & Big Data, Paid Media, Agritech, and...

  • Disruptive startups: you’re the thing big companies fear most

    You may think your startup idea is crazy, but it could be keeping established business owners up all night. According to the 2015 EMEA Crisis Survey, companies expected “new and innovative business models entering their sector” to be a disruption they will face in the next six to twelve months. On October 20, global public relations and communications firm Burson-Marsteller released its crisis survey, which was conducted with Enterprise and SME companies. Over the past 12 months, the so-called innovation crisis with “disruptive innovators” placed second to “controversial company developments,” which showed startups were gaining momentum in their respective markets. These points were...

  • Seedstars World announces 11 finalists for its Angola competition

    Eleven startups have been selected to pitch at the Seedstars World event in Luanda, Angola. Taking place on 24 October, the event focuses on highlighting entrepreneurs from emerging countries. Finalists will be competing for a chance to pitch at the final in Geneva, Switzerland next year for an equity investment of US$500 000. The local ambassador for the Seedstars World leg in Angola will be Kianda Hub, who will be supporting the event and inviting interested startups to pitch. Angolan mobile phone company Unitel will be acting as the main sponsor for this leg of the Seedstars World event. Their goal is...

  • Ericsson AHUB, mLab partner for entrepreneurial Pitch & Win session

    Tech company Ericsson has announced their launch of a 'Pitch & Win' session for entrepreneurs at the AHUB event. The event will be part of a three-day programme taking place on November centred around entrepreneurs. In partnership with mobile solutions laboratory and startup accelerator mLab, five entrepreneurs will have the opportunity to pitch their company in front of a select panel of judges on 18 November at the Ericsson AHUB. The judges are looking for rapidly scaling tech startups meeting a need in the African market that's also applicable globally. The criteria will also include passionate team members to attract more talent...

  • 702, Cape Talk and Nedbank partner to form Business Accelerator

    South African radio stations 702 and Cape Talk have partnered with banking institution Nedbank to form the Business Accelerator. The programme will be looking for entrepreneurs who have survived the startup phase and are now ready to grow their business further. Entrepreneurs can nominate themselves for the Business Accelerator who will need to have been in business for at least three years, be part of a CC or Pty, and making a difference in the eyes of the customer. The chosen finalists will be coached by entrepreneur and business partner, Pavlo Phitidis, who will help them make key changes in their business. "This...

  • Philips, The Innovation Hub announce finalists in healthcare innovation competition

    Five finalists have been selected for the Philips Africa and The Innovation Hub's first partnered competition, the Innovation Fellows Competition. The competition aims to find the next big innovation idea that will help revolutionise the South African health care industry as well as address relevant challenges in healthcare. The five finalists -- who will be awarded R12 000 each -- were chosen out of 61 entries received by the competition. They will also receive mentoring and guidance on putting together a winning business pitch and plan for the final. Senior Vice President and CEO of Philips Africa, JJ Van Dongen, says new innovation...

  • Report details how frontier investing can benefit investors

    Foundation and impact investment firm Omidyar Network has released a new report detailing how investors can benefit from frontier capital investments. Entitled Frontier Capital: Early Stage Investing for Financial Returns and Social Impact in Emerging Markets, the report contains information from interviews with leading investors, data analysis, and meta-analysis of existing research. Frontier investing focuses on the US$2-8 per day earnings income bracket. Populations within this bracket range from bottom- to lower-income-middle-classes within the economic pyramid. According to a press release sent to Ventureburn, these segments have greater purchasing power and a steadier income, but still benefit from products and service that...

  • UCT Upstarts aimed to solve real-world problems on campus

    The University of Cape Town (UCT) recently completed its entrepreneurial event, UCT Upstarts. The event was focused around solving real-world problems on campus and ended on 30 September with the Idea Auction. Having launched in February, the social innovation challenge consisted of pop-up hubs on UCT's upper campus. UCT Upstarts featured of a range of social entrepreneurs, industry leaders, business and personal development experts, and innovation activists presenting a range of talks and experimental workshops in the bespoke coaching network. The event is a joint initiative between Bertha Centre for Social Innovation and Entrepreneurship -- part of UCT's Graduate School of Business, and...

  • Sw7, AlphaCode debut fintech accelerator for high-growth businesses

    Start with Seven (Sw7) has partnered with Rand Marchant Insurance Holdings' (RMI) AlphaCode to launch a dedicated fintech accelerator in the region. The event will run for nine consecutive weeks, starting in January 2016 and will feature evening and structured mentoring sessions during the day. AlphaCode is a business platform helping to identify and enable key investments in the financial services industry. It has been developed as a next generation business platform. "Working with AlphaCode gives us a strong support structure and insights into the next generation financial services industry," states Odette Jones, the Sw7 co-founder. Senior Investment Executive for AlphaCode, Dominique Collett,...