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All posts by Matthew Alexander

  • #YouthStart entrepreneurial challenge open to Cape Town residents

    Created by the City of Cape Town, the #YouthStart Challenge aims to provide young Capetonian entrepreneurs with an opportunity to either grow their business or get it off the ground. The challenge was announced on the DA's website. This year's #YouthStart Challenge will also feature a digital solutions category for entrepreneurs and SMEs operating in the space. "Unemployment, poverty and inequality are some of the biggest challenges in South Africa and young people, in particular, are bearing the brunt," said the City’s mayoral committee member for safety and security; and social services, Alderman JP Smith. "Entrepreneurship has been identified as one of the ways to tackle...

  • CarTrip: this carpooling startup looks to make travel easier in SA

    Traffic is a nightmare in South Africa, with many dreading the daily commute to and from work, not to mention the cost of petrol. Carpooling service CarTrip is looking at making travel easier and affordable for customers in SA. The startup is founded by Chris Faur, whose story began when he became stranded in Spain with no train, car, or taxi in sight. His fellow traveller then gave him the idea to hail a BlaBlaCar. "This guy arrives, picks us up at the local garage and we travel about 100kms through Spain. It’s literally just people going to work, going to family and you can just...

  • Tigo, Reach for Change award US$20 000 to entrepreneurs

    Telecoms company, Tigo in partnership with NPO Reach for Change, has awarded two entrepreneurs US$20 000 in the fifth edition of the Tigo Digital Changemakers Competition. The competition aims to find and support innovative entrepreneurs using digital tools who have a positive impact on their community. In addition to the financial grant, the winners also received access to the Reach for Change incubator programme, which provides them with access to global networks and expertise. The winners of the competition are Sophia Mbega's Vicoba and Nancy Sumari's Kids Jenga Hub. "For five years now, our Changemakers have touched the lives of over 250,000 children in...

  • Y4PT Hackathon series found its Cape Town representative

    International pitching competition Youth for Public Transportation (Y4PT) Hackathon concluded its Cape Town event on 6 March. It focuses on mobility and takes place in 20 major cities around the world. Y4PT was held in partnership with WhereIsMyTransport, the Bandwidth Barn, KAT-O, and Women in Tech. "This hackathon was our first to showcase what can be done with integrated transport data, and the power of an open platform," said the co-founder of WhereIsMyTransport, Devin de Vries, in a press release to Ventureburn. Teams could compete in four categories which included Integrated Mobility, Healthy Mobility, Inclusive Mobility and Future Mobility. The winners from various countries will compete in...

  • Livity Africa, Facebook launch entrepreneurial training programme

    Youth-led NPO Livity Africa, in collaboration with Facebook has launched a digital training programme for entrepreneurs to assist in accelerating their businesses. This partnership between Facebook and Livity Africa expands on the "network effect" of the Digify programme which was launched in SA in 2014 as well as Nigeria and Kenya in 2016. The new development programme will cover three core elements: Digify Prot Startup: A six-week training module for entrepreneurs which helps accelerate the growth of their businesses using digital skills and tools. Boost Your Business: One-day training interventions to assist entrepreneurs with any issues they face. Digify Entrepreneur TTT (Train the Trainer): Is...

  • Reunert acquires majority interests in tech SMEs

    Technology group Reunert, which manages a portfolio of ICT-related companies among electrical engineering and applied electronics firms, has added two more companies to their portfolio. Reunert's first acquisition is a 51% stake in Terra Firma Solutions. The company aims to be a leader in the turnkey energy engineering solutions sector. Their speciality lies in serving predominantly industrial and commercial sectors within SA. According to Terra Firma, the company has already installed numerous rooftop solar energy systems with more than 800 sites covered under their remote energy and water management solutions. Reunert's intention to have a majority stake in Terra Firma was so that the company...

  • Click2Sure: Groupon co-founder set to take on insurance sector

    Daniel Guasco, the former Silicon Cape chairperson and ex-founding director of Groupon South Africa, has launched Click2Sure, which looks set to disrupt the insurance sector. Guasco is also the co-founder of early-stage investment fund Team Africa Ventures, which is run by himself and co-founder Wayne Gosling. The service stands out from traditional offerings by digitising the distribution as well as the management and administration of insurance. "With Click2Sure, we have simplified the processes and limited the documents and human intervention required, that go together with traditional insurance offerings and have replaced them with a simple, completely customer-centric offering. As a result, we have been able...

  • Kasipedia: startup directory for SA townships

    Kasipedia is a new online directory for SA townships by telecoms startup Maru Telecoms, giving users their own online presence on a platform which caters to localised community interests. It is based out of the Innovation Hub in Pretoria. Some key features on Kasepedia include an encyclopaedia, a business directory, digital school, a dictionary, and more. "We are providing a  platform and a portal, where our communities can narrate their own stories about their day-to-day experiences, history, culture, business and share knowledge about places of interest," said Maru Telecoms representatives in an interview with Ventureburn. The startup, based out of the Innovation Hub in Pretoria, was...

  • Watch: eCommerce MoneyAfrica Confex panel discussion on industry, fintech

    The eCommerce MoneyAfrica Confex conference that took place recently in Cape Town was filled with many talks and discussions around e-commerce and fintech solutions in Africa. Most notably was the panel discussion on the first day, which consisted of CEO of Zando SA, Sascha Breuss; CEO at ZoobaShop, Albert Biga; MD MENA of Criteo, Dirk Henke and country manager for Gumtree, Johan Nel. The panel fielded questions from the host and editor at Ventureburn, Graham van de Made, around issues relating to trust within the ecommerce industry as well as who they thought were the driving forces behind ecommerce at the...

  • Startup Reactor set to begin again

    The fourth cycle of the Startup Reactor, hosted by Innoventures in partnership with VC4A, has opened up applications following the finale in December last year. The Startup Reactor is designed to support innovative SMEs operating in high-opportunity industries in Egypt. This edition of the Startup Reactor also launches with a new EGP30-million (R24-million) venture capital fund. The programme sets out to foster a networking environment for entrepreneurs, mentors and investors for six months. Both investors and mentors will receive an equity stake of an undisclosed amount in any venture they choose to support. Eligible startups will undergo an intensive training programme which focuses on...