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Startup news

  • Simodisa to integrate Venture Central site with other existing portals

    SA entrepreneurship advocacy body Simodisa will in coming months begin integrating its Venture Central portal for entrepreneurs with other exisiting portals, the startup advocacy group's operations co-ordinator Batsi Mphahlele said yesterday. Mphahlele, who is also the co-ordinator of the portal, said the development would also include the addition of other aspects as per feedback received from subscribers and those in the tech ecosystem. The portal, which Simodisa launched in November last year now has had 1023 subscribers since its launch in mid-November, with most visiting the resources page, and events calendar. The site also offers news, business information and links to opportunities and various tools, templates and...

  • EasyEquities postpones launch of equity crowdfunding campaign by two weeks

    Investment platform EasyEquities has postponed the opening of the investment round of its first equity crowdfunding campaign of 10 Startupbootcamp Cape Town startups by two weeks. The round is supposed to have opened today (15 January), however the campaign's page now lists 1 February as the date the investment round will open (see the screen grab below, taken from the company's website today).Purple Group vice-president for business development Almero Oosthuizen (pictured above) said the company decided to delay the offering so that it could update the shareholder prospectus -- which lays out the terms of the investment. The initial prospectus, he said, made use of language...

  • Silicon Valley bound: Aerobotics team set to jet off to US for Launchpad Accelerator

    Four members of South African aerial data analytics platform Aerobotics are set to take part in the fifth class of Google's Launchpad Accelerator which kicks off in two week's time in Silicon Valley. The four -- CEO James Paterson, CTO Benji Meltzer, lead developer Nic Coles and COO Andrew Burdock -- are set to join the members of 23 other startups from around the world for the start of the fifth cohort of Google's Launchpad Accelerator at the Google Developers Launchpad Space in San Francisco. The 24 startups are expected to spend two weeks in San Francisco for an all expenses-paid training which...

  • $500 000 Challenge Fund aims to disrupt Benin’s tourism industry

    Sèmè City, an emerging tech district in Benin, has launched a call for applications to the Challenge Fund, an initiative that aims to build a sustainable tourism industry in Benin. Selected innovators can access up to $500 000 in funding, as well as access to incubation and training. The authority launched the call last month, together with the World Bank and Benin's National Agency for Promotion of Heritage and Tourism Development. The challenge is open to all Africans working on innovations that include virtual reality, socio micro-networks, soft mobility, renewable energy and accessibility among others. Applications close on 31 January, while winners will be unveiled during the Innovate, Undertake, Mobilize...

  • Norwegian accelerator Pangea seeking African startups for Kenya programme

    Pangea Accelerator, an Oslo-based investment platform and accelerator programme, has opened applications to its recently launched accelerator in Nairobi, Kenya. Applications to the Pangea Accelerator Programme opened last week Friday (5 January) and will close on 19 February. A total of 40 startups will be selected to join the accelerator, which Pangea Accelerator co-founder and investor manager Chisom Udeze said is expected to kick off on 2 March. The accelerator was founded last year by Udeze a Nigerian, together with Dede Koesah (Ghana/Togo), Gilbert Kofi Adarkwah (Ghana), and Jonas Tesfu (Eritrea), with the aim of supporting impact-driven African early-stage startups operating in fintech, agribusiness,...

  • Uprise.Africa to launch first crowdfunding campaign this month says COO Schofield

    Equity crowdfunding platform Uprise.Africa is set to launch its first campaign later this month for a project aimed at funding the publication of more African literature, the platform's COO Patrick Schofield said yesterday. The platform aims to raise R3-million over a 90-day period for its Storied campaign. The Financial Services Board (FSB) has to date not publicly commented on the platform, and had not responded to questions from Ventureburn by time of publication. However, last year the regulator did respond to Uprise.Africa's attorneys, Dommisse, saying that the platform would not contravene the Collective Investment Schemes Act. Read more: SA equity crowdfunding site Uprise.Africa launches after response from FSB Schofield (pictured above)...

  • Start-Up Chile opens applications to accelerator programme, increases funding

    Global accelerator Start-Up Chile has opened applications to its seven-month accelerator programme Start-Up Chile Seed. The accelerator made the announcement yesterday in a blog post on its site, stating that interested entrepreneurs have until 30 January to submit applications. In the same post the accelerator added that this year, it will provide programme participants with $40 000 in equity-free funding, $10 000 more than what it was providing entrepreneurs last year. When the government launched the programme in 2010 it initially offered $40 000 grants to participants. The government subsequently lowered this to $30 000 for recent cohorts. Start-Up Chile has increased the amount of funding it provides to...

  • Just under a day left to apply to London-based The Collective Global Accelerator

    For some entrepreneurs, it's more than just about generating revenue. There are some who get into it to make an impact and to change the world. Think you're part of that crop? Then you have just under a day to apply to London-based The Collective Global Accelerator (CGA) which this year is looking for innovators with solutions that are making an impact towards creating stronger communities within urban areas. Applications to the global accelerator close tomorrow (10 January). The Collective Global Accelerator will run between 4 June and 1 July To be eligible for the programme, entrepreneurs have to be between 20 and...

  • Applications to the Spark* South Africa 2018 Accelerator Programme now open

    Spark* International, an initiative of Australian international development non-profit YGAP, has opened applications to its Spark* South Africa 2018 Accelerator Programme. The five-day programme will take place in Johannesburg between 15 and 20 April. Interested entrepreneurs have until 4 March to apply and can do so here. The accelerator is aimed at South African entrepreneurs who are looking to scale and are currently making an impact in education, health and job creation. Selected Spark* entrepreneurs will be advanced into a growth track where they will get access to grants worth up to $AUD25 000 Spark* aims to find, accelerate, support and connect startups. Since the...

  • Ghanaian agritech startup AgroCenta eyes expansion on continent with Nigeria pilot

    After a stellar 2017, Ghanaian agritech startup AgroCenta has set its sights on expanding to Nigeria this year. AgroCenta is built around online trading platform AgroTrade, which connects smallholder farmers to a larger structured market. Last year the startup was selected to represent Ghana at global pitching competition Seedstars World. The startup currently has about 10 000 smallholder farmers (all in Ghana) on its platform and plans to launch a pilot in the third quarter of this year. "Expansion into Nigeria in 2018 will focus on working with an initial 100 000 smallholder farmers, connecting them to about six large, medium and small scale off-takers to sell directly," says...