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News

  • These 15 startups are vying for victory at African Utility Week

    From 17 to 19 May, leading players in the African water, energy, and electricity spaces will converge on the Cape Town International Convention Centre (CTICC) for African Utility Week. Joining them will be 15 startups -- ranging from an Aquaponic farming outfit and a geyser switch company to makers of data gathering software -- for the conference's Innovation Hub. The finalists will each receive a free exhibition stand within the Innovation Hub area for the duration of the three-day exhibition and showcase their developments or inventions through live presentations. Four of the entrants have also earned speaking slots in...

  • Should more SA pension funds invest in private equity?

    Pensions in are an incredibly sensitive subject. Earlier this year -- relatively minor -- retirement reforms in Southern African caused wide-spread panic. That was largely to do with people's ability to access their pension funds in the way they want. But if the Southern African Venture Capital and Private Equity Association (SAVCA) is to be believed, there's room for improvement in the way funds invest people's pensions too. According to the association, the allocation by pension funds in Southern Africa to private equity remains limited and few pension funds in South Africa have taken advantage of the increased allocations...

  • This workshop aims to give social entrepreneurs a leg-up

    This seems like a good one for all the social entrepreneurs out there. Nesta UK and Caribou Digital will be hosting a free workshop open to anyone in the space. The workshop, which will is set to take place at Workshop 17 in the V&A Waterfront on 28 April, will take entrepreneurs through Nesta's Development Impact & You toolkit. According to the event organisers, the DIY Toolkit has been especially designed for development practitioners to invent, adopt or adapt ideas that can deliver better results. It looks at the stages of innovation to help you develop your innovation...

  • PE incubator gets new R&D lab

    The SEDA Nelson Mandela Bay ICT Incubator (SNII), based in Port Elizabeth, this week announced the launch of a Research and Development Lab centre, located on-site at its Newton Park technology office business park. According to a press release sent to Ventureburn, the R&D lab offers assistance and support to creatives, entrepreneurs, and small businesses in PE to design and develop apps, software solutions, as well as electronic and mechanical device prototypes. People developing new technologies in the lab will also own the intellectual property and patents on what they develop. The lab forms part of SNII’s technology infrastructure...

  • 25 Nigerian startups to pursue their ‘unreasonable’ ambition

    Unreasonable Labs, the international startup accelerator from the Unreasonable Institute, this week announced that it would be launching in Nigeria as it looks to prepare startups in that country for investment. According to a press release sent to Ventureburn, the five day accelerator will see 25 companies undergo five-day intensive training program preparing them to raise capital, replete with seasoned entrepreneurs and investors from across Nigeria serving as mentors. In a joint statement Unreasonable Labs Nigeria’s founding team Olufemi Omotayo, Tito Philips Jnr., and Michael Olorunninwo said: “For the first time in history, we have adopted a market economy. Our...

  • Start-Up Tel Aviv South Africa aims to reward top female tech entrepreneurs

    If you're one of the very small minority of female technology entrepreneurs in South Africa, you might want to check this out. The Israeli embassy has launched a competition aimed specifically at female-led startups in the seed stage, with the final prize being a week in Tel-Aviv to consult with some of the city's best entrepreneurial minds. The all-expenses-paid trip will take place in September 2016, during the exciting and innovative DLD Festival. According to a press release sent to Ventureburn, the competition judges are looking for "one woman who is actively involved in an innovative company that has...

  • Top startup events in South Africa, Africa you should know about this week [11/04/2016]

    Looking to get into the South African startup scene or scratch up on some of your skills? Well, you’ve come to the right place. There are loads of competitions, networking sessions and workshops happening around South Africa and the rest of the continent (namely Kenya, Nigeria and Ghana) that we’ve rounded up to make your life a bit easier. This article is part of a weekly series that highlights all the top startup competitions, networking sessions, workshops and conferences around South Africa, and the greater region. If you have any event recommendations for us to add to the list, or...

  • #Hack.Jozi: 100 shortlisted entrepreneurs receiving mentoring

    The #Hack.Jozi Challenge, now in its second year, has whittled down entries from some 400 entrepreneurs to around 100 contestants looking to use technology to improve life in Johannesburg. The 100 entrepreneurs are currently undergoing the first training and mentoring leg of the challenge. Within the next week or so, the top 100 projects will be narrowed down to 20 candidates with the final 10 announced in late April. Following a series demo days, the final three winners will be announced on 19 May. The #Hack.Jozi Challenge is a boot camp for start-up entrepreneurs that was...

  • SA innovation scientist wins space at Singularity University, wants to cure HIV

    Nick Walker, an innovation scientist looking to stem cells for an HIV cure, has won the South African edition of the Singularity University Global Impact Competition (GIC), and with it the chance to attend a 10-week course at the prestigious innovation institution. The scientist currently works at Next Biosciences, Africa's leading stem cell laboratory and cryogenic biobank, based in Johannesburg, South Africa. Walker completed his BSc, BSc (Hons, Cum Laude) and PhD at the University of KwaZulu-Natal in Pietermaritzburg. In his PhD work he focussed on the role of the extracellular matrix (ECM) on various aspects of...

  • These are the 10 South Africans vying for a place at Singularity University

    Towards the end of February, we told you about the South African leg of the Singularity University Global Impact Competition (GIC), presented in collaboration with Rand Merchant Bank. With the winner standing to win a 10 week course at the prestigious Singularity University, there's plenty incentive to enter. In order to do so, people had to come up with innovative ideas for positively impacting millions of lives, both locally and globally through the use of technology. On Wednesday, the 10 finalists for the competition were announced, with a fairly wide spread of idea represented. The 10 finalists were selected...