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News

  • Kickstart your startup with Swiss accelerator

    Swiss technology accelerator Kickstart Accelerator, an initiative of digitalswitzerland, has opened applications for its second international startup accelerator. The accelerator is inviting startups from around the world and will shortlist 30 companies, all of whom will participate in an eleven-week programme. Kickstart Accelerator is looking for startups in the food, fintech, smart cities, and robotics and intelligent systems sectors, and is partnering with BaseLaunch to facilitate healthtech companies. Applicants will need to have a business that has the potential to disrupt its given sector. According to a press release sent to Ventureburn, "Kickstart will not be taking any equity from the participating startups". Instead, the participants will have a...

  • Sasfin Bank, Xero to provide direct bank feeds for SMEs

    Financial service group, Sasfin Bank has partnered with online accounting software provider, Xero to aid SMEs through SA's first direct bank feed. Any Sasfin Bank customer using Xero will have the ability to automatically import as well as categorise any bank statements. This saves businesses time by removing the need to make manual uploads and downloads, allowing better visibility of their cash flow. "Sasfin Bank is proud to be the first South African bank to offer direct feed integration into Xero. Our innovative banking platform is significantly enhanced by the Xero functionality," said executive director at Sasfin, Michael Sassoon in a press...

  • m.Labs partners with major hubs across East-Africa

    Startup accelerator m.Labs has announced a partnership with major tech hubs that support SMEs within the digital and ICT sectors across East Africa. The partnership is in preparation for the Traction Camp Programme, a six-month regional acceleration programme which aims to provide startups with sufficient skills and knowledge to scale their business. Traction Camp will aim to provide startups with the ability to be global competitors, as well as to become growth-orientated business within the mobile and digital markets. The programme, supported by the World Bank Group's Infodev initiative, will collate the best entrepreneurs and startups across East Africa to attend the Traction Camp...

  • Techstars 2017: an accelerator by entrepreneurs for entrepreneurs

    The Barclays SA acceleration programme, Techstars, has opened applications to up-and-coming entrepreneurs looking to scale their innovative startups in Africa and abroad. The 13-week programme set to begin 9 May 2017, at the Rise fintech hub in Woodstock Cape Town, and will put 10 startups through their paces fitting in 12 months of work into three. Startups selected for the programme will have an opportunity to learn, as well as expand their presence within the African continent via Barclays Africa Group's customers, technology teams and products. They'll also have a chance to scale on a global level through the various Rise sites situated...

  • Chivas Regal announces 10 finalists for The Venture pitching show

    Whisky brand Chivas Regal has announced the 10 SA contestants taking part in its social entrepreneur pitching competition, The Venture. It will air on Mzansi Magic on 26 January at 6:30pm. The aim of the competition is to invest US$1-million in startups that create positive change. "Over the last two years, we have shown our belief in and commitment to this philosophy by awarding USD2 million to start-ups globally that 'do well by doing good', because we believe purpose and profit can coexist," says Marketing Manager of Scotch Whiskies at Chivas Regal, Shelley Reeves, in a press release to Ventureburn. The winner will receive R350 000...

  • French African Fund to invest in top African startups

    Investment firms, AfricInvest and Bpifrance have announced a joint French-African Fund (FFA) which will aim to invest in top small and medium businesses within Africa and France. The FFA will be managed by AfricInvest, a pan-African private equity firm focused on mid-cap investments with almost €1-billion of funds under their management. They also have offices in six African countries and more in France. "The cornerstone of the strategy for the French African Fund -- the first cross-border fund between Africa and France -- rests in AfricInvest's ability to help French companies grow in Africa, and at the same time attract African companies to...

  • Ventureburn, Startup Grind CT announce partnership

    Good news for startup enthusiasts, entrepreneurs and aspiring entrepreneurs! Ventureburn is teaming up with startup community Startup Grind Cape Town. The partnership will see Ventureburn attend every Startup Grind Cape Town meetup this year, featuring pre- and post-event coverage. Ventureburn editor Graham van der Made shed more light on the agreement. "Two of the strongest brands in the SA startup ecosystem, Ventureburn and Startup Grind, are partnering to create more awareness in the industry. This partnership will see Ventureburn covering all of the Startup Grind Cape Town events in-depth, with social media and written coverage," van der Made explained. Read more: Startup Grind Cape...

  • NSBC Summit to feature 100 seminars and sessions for businesses

    The 9th annual National Small Business Chamber (NSBC) Summit will take place on 15 to 16 January at the Gallagher Convention Centre in Johannesburg. The NSBC Summit will consist of over 100 sessions and seminars, as well as the My Business Expo, Business Start-Up Expo, The Franchise Show, Access to Finance Indaba and Trading Across Borders showcases. According to Mike Anderson, the CEO and founder of NSBC, the event will is ideal for anyone wanting to start a business. "The objective of the event is to give enterprising and aspiring entrepreneurs and business owners the knowledge and tools they need to get ahead and become tomorrow’s...

  • JA Youth Enterprise Development Programme for women now accepting applications

    The Junior Achievement (JA) SA, a non-profit organisation, has opened its Youth Enterprise Development Programme, which is set to begin on 6 February 2017. Selected participants will be taken through the 20-week learning programme, which consists of three-hour theoretical and practical sessions taking place twice a week. The participants will be taught various aspects of running a successful business, namely business theory, market research, basic computer literacy, financial and business management as well as sales and marketing. Workshops will take place around SA at various community centres near Gauteng, the Western Cape as well as Limpopo. Those wanting to apply are required to...

  • Applications still open for Barclays fintech accelerator 2017 programme

    For fintech startups, applications are still open for the Barclays Techstars Accelerator programme, which takes places from 9 May to 2 August in Cape Town. Out of all the applications, 10 startups will be selected for the 12-week programme. They will receive training and mentorship from the bank and Techstars as well. "The Barclays Accelerator, powered by Techstars, is proud to open its doors in Cape Town, offering a gateway into many of the fastest growing global economies," writes the programme. The Barclays Techstars Accelerator programme will fund up to US$45 000 per startup and takes between a 6 to 8% equity share. "We are interested...