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News

  • Startup Genome calls for global startup survey respondents

    Global startup exposure company Startup Genome, is looking for entrepreneurs to complete its 2016 Global Startup Ecosystem survey. According to Startup Genome, they "assess each and every response and team up with governments, investors, and other partners to drive positive change in your city". All of the answers will be compiled and released in 2017. The company has also stated that those who complete the survey will "get access to rewards such as free and discounted services from Zendesk, Foundersuite, Olark, Amazon AWS and others". SA startup industry initiative, SiMODiSA is a partner of Startup Genome. The survey can be completed here. Feature image: Kevin Gill via Flickr.

  • TenaCiTi, Dutch Consulate in startup training drive

    The TenaCiTi "people + potential programme", in partnership with the Dutch Consulate, provides growing businesses and their employees with adequate training to get them workplace ready. "The TenaCiTi programme is essentially trying to meet the needs of people development that are essential to small businesses and helping small businesses essentially to grow and flourish," said TenaCiTi's internship programme manager, Alexis Pillay, at a TenaCiTi event this week. "Often small businesses are able to get funding for their organisation. They're also able to get a lot of support when it comes to their ideas development but very often there is not a lot of...

  • SAB crowns its KickStart Boost 2016 entrepreneur winners

    SAB (South African Breweries) has crowned the three winners of its KickStart Boost 2016 youth entrepreneurial programme. Inga Vanqa (33) (pictured top right) was awarded top honours for his business, Inga Vanqa Quantity Surveying and Project Management, and was awarded a R500 000 grant for further investment. The company offers green building consulting and construction project management, being based in Queenstown, Eastern Cape. Second place went to Pravashen Naidoo (33) who was awarded R400 000 for further investment. His company, e-Waste Africa, is based in Pietermaritzburg, KwaZulu Natal and specialises in the disposal of lamps and bulbs in an eco-friendly way. During the programme, e-Waste...

  • Our Q&A with Stellenbosch Digital co-founder Stephen van der Heijden

    Stellenbosch Digital is an organisation based north of Cape Town, which aims to connect Stellenbosch's digital community. It holds monthly events, which feature prominent speaks talking candidly about their experiences in business. Ventureburn recently had a chance to catch up with Stephen van der Heijden (pictured above right), co-founder of Stellenbosch Digital, to ask him about the organisation, the local community, and its plans for expansion. Ventureburn: How did the idea for Stellenbosch Digital come about? Stephen van der Heijden: Renier (the co-founder) and I both studied at Stellenbosch University and ended up working in Technopark together. We noted how much opportunity for...

  • Nedbank, LaunchLab award R80 000 to Fintech and Big Data Challenge winners

    The Nedbank Stellenbosch University LaunchLab has awarded R80 000 to the top five contestants in the Fintech and Big Data Challenge. Held on 20 October at the LaunchLab in Stellenbosch, nine contestants pitched to a panel of five judges, consisting of innovations and business teams from Nedbank. "This Fintech and Big Data Challenge gave entrepreneurs the opportunity to not only win incubation support for their Fintech solutions but to also gain access to the exciting market that Nedbank can provide," says the CEO of the LaunchLab, Philip Marais, in a press release to Ventureburn. "The LaunchLab facilitates the relationship between the startups and our...

  • CEO of The Creative Counsel pledges R50m to assist young entrepreneurs

    CEO of The Creative Counsel Ran Neu-Ner has pledged R50-million in order to help young entrepreneurs with their businesses. The initial R10-million will be distributed during the first quarter of 2017 with the balance by the end of the year. "Funding is the first of two major issues for startups. The second is the dire lack of mentorship," says Neu-Ner in a press release to Ventureburn. "The country is losing a lot of bright young people with great ideas to white and blue collar jobs because there is inadequate support yet it is this potential that could be creating more jobs and solving unemployment....

  • Ventureburn is looking for an intern: apply here

    Do you follow the ebbs and flows of technology and entrepreneurship? Do you boast the unique ability to craft letters into words, and words into factual works of art? Are you currently on the hunt for a job at a media institution in Cape Town? If you answered yes to all three questions, you might just be the intern Ventureburn is looking for. Ventureburn is looking for a talented and driven full time paid writing intern who is especially interested in startup culture. You'll also work for us between three to six months, under the guidance of some of the city's best...

  • Fourex, SA-owned UK fintech startup, takes home top British award

    South African-owned UK company Fourex, has been awarded the Duke of York New Entrepreneur of the Year award at the 2016 Lloyds Bank National Business Awards UK. The company creates kiosks for currency exchange. Users can exchange money from over 150 currencies, paid out in Pounds, Euros, or Dollars, with no fees or commission. It is funded out of Johannesburg by Genesis Capital Partners. According to the awards website, "Fourex ticked all the boxes to win the New Entrepreneur of the Year Award, they impressed the panel with how well the concept had been thought through and then executed." "Their relentless drive for innovation has culminated in...

  • French Tech launches first of its kind incubator in Cape Town

    International startup ecosystem hub French Tech, has launched its first incubator in SA. Located in Century City, Cape Town, the incubator is also the first of its kind in the French Tech system. "This building really is the first physical incubator in the worldwide French Tech network," says lead ambassador of French Tech CPT Hub, Christophe Viarnaud. When asked about why the incubator launched in SA as opposed to other African countries, Viarnaud told Ventureburn this was due to the financial and legal system being easier to navigate, as well as English being the primary language. It is one of 22 French Tech...

  • Greener pastures for WeFarm after £1.3m seed funding round

    Peer-to-peer agritech startup WeFarm has raised £1.3-million in seed funding. The round was led by UK-based VC, LocalGlobe. "Connecting farmers to relevant advice from other farmers is a completely new approach," says founder and CEO of WeFarm, Kenny Ewan, in a press release. WeFarm's network allows for small-scale farmers to share and access crowdsourced information from other farmers. "The majority of information delivered to people living in poverty is top-down, whereas we are using a crowdsourcing model to unlock generations worth of grassroots knowledge, ideas, and experience among farmers." The seed funding amount will be used to grow WeFarm's network. WeFarm has a community of farmers across Africa...