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Startup news

  • Here’s all you need to know about the Entrepreneurship World Cup

    With a total of $5-million in prizes to be given away -- as well as investment opportunities, training, business connections and mentorship on offer -- the Entrepreneurship World Cup (EWC) is one competition African entrepreneurs should not miss out on. The Entrepreneurship World Cup, run by Misk Global Forum in partnership with the Global Entrepreneurship Network, is open to entrepreneurs across the board with all kinds of firms -- be these in the idea, early-stage or growth stage. In all the initiative will award 118 winners -- three global grand prizes for early, idea and growth stage entrepreneurs, 15 global...

  • Women In Africa 54 Awards applications to close on Friday

    African female entrepreneurs with innovative businesses that have the potential to transform the continent have until Friday (15 February) to apply for this year's edition of the Women In Africa 54 Awards. The awards are an initiative of Women In Africa (WIA). The Paris-based organisation aims to promote, support and accelerate innovative enterprises run or managed by female African entrepreneurs. Now in its third year, the initiative will see 54 female entrepreneurs -- one from every African country (not including the disputed territory of Western Sahara) -- selected to join WIA's entrepreneurship programme and network. Paris-based economic development platform Women In Africa...

  • SA government to set up township digital hubs in four provinces reveals Ramaphosa

    The government will set up digital hubs in the South Africa's townships, initially in four provinces, President Cyril Ramaphosa said today. He made the announcement during his State of the Nation Address in Parliament in Cape Town today (7 February). Ramaphosa said the government's incubation programme currently consists of a network of 51 technology business incubators -- which fall under the Small Enterprise Development Agency (Seda), 10 enterprise supplier development incubators and 14 rapid youth incubators (also under Seda). "As part of the expansion of this programme, township digital hubs will be established, initially in four provinces, with more to follow," he...

  • Outcry as department’s Gazelles programme stalls on grants, support

    When it was launched in 2016, the Minister of Small Business Development Lindiwe Zulu hailed the National Gazelles programme as a key intervention that would help fast growing firms (commonly called gazelles) to grow exponentially and create the jobs the country badly needs. The programme, which is run by the Small Enterprise Development Agency (Seda), aims to help 40 promising firms to grow the value of their business 20% year-on-year over three years, with a mixture of business support and access to grants of up to R1-million (from the Department of Small Business Development) to purchase machinery and equipment...

  • Hurry, there are just five days left to apply for Start-Up Chile’s 22nd cohort

    Tech startups keen on taking a shot at scaling in Latin America and an opportunity to access to up to $80 000 in zero-equity funding have until this Tuesday (12 February) to apply for Start-Up Chile's 22 cohort for its seed programme. Applications for the six-month programme are open to startups from across the globe that have been operating for less than three years. Those selected can benefit from free work-space, a year long work visa, access to Start-Up Chile's national and international corporate networks -- and up to $80 000 in equity-free funding. In addition, Start-Up Chile participants will also...

  • Entries for third batch of 500 Startups’ MENA Dojo Series A programme now open

    North African tech startups that are likely to raise their Series-A funding rounds in the next six to nine months can now apply for the third batch of 500 Startups' MENA Dojo Series A programme. This follows the US early-stage venture fund and seed accelerator's announcement on Tuesday (5 February) that it had -- in partnership with Qatar Science & Technology Park (QSTP) -- opened applications for the third batch of the annual programme. Applications will close on 28 February, while the programme is set to kick off on 31 March in Kuwait. 500 Startups' MENA Dojo Series A programme participants will receive...

  • How a trip to Israel sparked the idea behind award winning agritech Khula

    A trip to Israel in 2015 sparked the idea behind award-winning agritech startup Khula. So says co-founder Matthew Piper. Khula was last month tapped to represent the country at the 2019 Chivas Venture finals after winning the SA leg of the competition. The Johannesburg-based startup, which Piper (pictured above, right) co-founded with Karidas Tshintsholo (pictured above, left) in 2016, offers a marketing and distribution service which helps small-scale farmers bring their products to formal markets. Khula was founded in 2016 by Matthew Piper and Karidas Tshintsholo Other than bagging the Chivas Venture SA finals, the startup has also won the 2018 MTN Business App...

  • Nominations for $100k 2019 Anzisha Prize now open

    The Anzisha Prize, one of Africa's leading awards and fellowships for young entrepreneurs, has opened nominations for its 2019 awards. The prize will open a second process to accept applications themselves from entrepreneurs, on 15 February. The Anzisha Prize will this year award 20 entrepreneurs across Africa prizes totalling about $100 000 -- which includes a grand prize of $25 000 to the overall winner. The awards --- which are an initiative of the Mastercard Foundation and the African Leadership Foundation -- aim to recognise founders under 22 years old that have implemented innovative solutions to social challenges or started successful business...

  • WFP opens applications for Global Innovation Challenge for Zero Hunger

    The World Food Programme (WFP) Innovation Accelerator has launched applications for the Global Innovation Challenge for Zero Hunger. The challenge, is run in partnership with US agriculture conglomerate Cargill, was launched yesterday (4 February). It aims to identify sustainable solutions to tackle hunger. Startups have until 28 February to apply. In a statement, the WFP Innovation Accelerator said it is mainly looking for proposals that can transform the lives of smallholder farmers and small-scale livestock producers, reach a step change in food systems or increase the effectiveness of emergency response. Teams selected for the Global Innovation Challenge for Zero Hunger stand to receive up...

  • Up to R200k in funding up for grabs in Santam Safety Ideas Challenge Season 3

    Startups with safety or insurtech solutions that are ready for piloting, stand a chance to win about R150 000 worth of incubation support as well as up to R200 000 in seed funding in the third Santam Safety Ideas Challenge. In addition to incubation support from Stellenbosch-based business incubator LaunchLab, the winner of the Santam Safety Ideas Challenge also stands to benefit from an opportunity to pilot their solutions with Santam. Applications close on 28 February. Thereafter 10 participants will be shortlisted to pitch their solutions to Santam based on their solutions' applicability to insurance, as well as originality or competitiveness....

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