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Startup news

  • SA startups Vizibiliti Insight, The Sun Exchange celebrating after VivaTech win

    Johannesburg-based artificial intelligence (AI) startup Vizibiliti Insight and blockchain startup The Sun Exchange are celebrating. Both won pitching challenges at French tech summit VivaTech held in Paris last week. Vizibiliti Insight won first place and €5000 in the Verizon challenge for pitching an alternative credit scoring solution, while The Sun Exchange won the French development agency's (AFD) Energy Blockchain challenge. "Exciting news, Vizibiliti Insight placed first at the Verizon pitch contest! We are honoured to have been picked from seven amazing finalists and an original list of 100 companies & startups!" Vizibiliti Insight CEO and founder Courtney Bentley said in a tweet last week.   Exciting news, Vizibiliti Insight placed first at the...

  • Initiative to help 67 black-owned startups, SMEs with R2m worth in logos, branding

    One of the biggest mistakes startups make when it comes to designing a logo is that they design what they like -- rather than what is right for the market, says brand specialist Lesley Waterkeyn. It's why her marketing business Colourworks along with design studio Designers Ink is offering R2-million worth of logo design to 67 "high impact" black entrepreneurs -- which for Waterkeyn are those running businesses with growth potential. The initiative, dubbed 67 logos by Waterkeyn, will culminate in 67 logos will being handed to the 67 selected entrepreneurs on Mandela Day on 18 July. It will see 67 designers masterminding 67 logos -- including mini visual identity (containing logo...

  • SBC head smiling as Startupbootcamp Cape Town applications top 1000

    Startupbootcamp (SBC) Africa managing director Philip Kiracofe says he is "quite happy" with the large number of Africans countries from which the organisation received applications for this year's Startupbootcamp Cape Town programme. On Friday Startupbootcamp (SBC) Africa stated on its Twitter account that it had received 1018 applications for this year's Startupbootcamp Cape Town. SBC Africa will select 10 startups for the programme -- which will be announced on 13 July. This year's programme will be the second cohort SBC Africa has run -- following the launch last year of the programme. "We are most excited by the number of different countries we are getting applications...

  • Here’s how African startups can apply for a share of €65m French fund

    African startups will be able to apply for seed funding from a new €65-million French development agency (AFD) fund via an innovation competition, when applications for the competition open later this year. The news was announced by French President Emmanuel Macron last Thursday (24 May) while he was speaking at French tech summit VivaTech, held in Paris between 24 and 26 May. "And the French Development Agency is going to announce in the coming weeks a new specific programme of €65 million in order to invest small amounts, €30 000 to €50 000 per startup," said Macron. The AFD's Digital Africa initiative will invest between €30 000...

  • 80% of applications for $400 000 Fall Armyworm Tech Prize are from Africans

    A $400 000 competition which aims to find digital solutions to identify, track and protect crops from the armyworm -- which has devastated agricultural produce across the continent -- has received 228 applications from entrepreneurs and innovators -- with 80% of these from Africa. The announcement, made last Friday (25 May) in a press release by Nesta -- a UK-based foundation which runs innovation challenges -- on behalf of Feed the Future last Friday. Nesta said 80% of applicants to the its global Fall Armyworm Tech Prize were from African entrants. The five countries with the highest number of entries were: Uganda (52), Nigeria (25), US (23),...

  • Google launches $6m Impact Challenge for SA, Nigeria, Kenya

    Google this week launched its $6-million Google Impact Challenge aimed at social enterprises and non-profit organisations based in South Africa, Nigeria and Kenya. The announcement was made by Google on Wednesday. Entrepreneurs that run social enterprises and those that head non-profits that use innovation and technology to achieve their goals can apply. In all 12 finalists from each country will be invited to pitch their ideas to Google's panel of judges at a final event. The judges will select three challenge winners from these finalists, and also announce the people's choice winner. Each of the 12 winners of Google Impact Challenge will receive a $250 000 grant Each of...

  • Meet the nine 2018 FNB Business Innovation Awards finalists

    The FNB Business Innovation Awards, in association with Endeavor South Africa has announced the nine finalists selected for the 2018 FNB Business Innovator of the Year. The winner of the awards -- who will receive an all-expenses paid trip to attend the Endeavor international selection panel event in Argentina -- will be revealed at a dinner set to be held on 7 June in Sandton. The awards are aimed at businesses with minimum annual turnover of R10-million. In addition, the companies must display potential to scale and be market leaders in their respective industries. The 2018 FNB Business Innovator of the Year...

  • Visa’s Everywhere Initiative: Past winners on 4 reasons to apply [Sponsored]

    Exposure, partnerships, funding, and access. These are the four main reasons why you should apply for the Visa Everywhere Initiative (VEI), according to past winners of the programme. Just days before entries for the sub-Saharan Visa Everywhere Initiative draw to a close, hear from five past winners -- founders of Loop and Tie, Kompas, QPal, Losant, and Xmore -- why you should definitely apply for the fintech development programme. When evaluating submissions for VEI, Visa focusses on startups that have ideas relevant to its business. In addition, the company considers whether startups have a product in the market, traction with early...

  • How Tunisia’s Startup Act is a blueprint for other African policy makers

    Tunisia's new startup act, which was passed last month, is a blueprint for how other African countries could create an enabling environment for innovators and tech startups from the "bottom-up", says a former banker and entrepreneur who helped draft the act. “This legal framework is the result of bottom-up work that was initiated by some of the entrepreneurial ecosystem players," says Walid Hached, COO at Tunis-based co-working space at Cogite. The Tunisia Startup Act includes about a number of measures that aim to encourage entrepreneurship, make it easier to start and end a business, as well as easier to access funding and international markets. The act mandates the Tunisian government...

  • SBC Africa calls for last applications to Cape Town accelerator

    Ahead of tomorrow's deadline for applications to its Cape Town accelerator, Startupbootcamp Africa (SBC) managing director Philip Kiracofe has called on startups to apply to the three-month programme. "The deadline is midnight on Thursday, please apply, it takes 15 minutes to apply," said Kiracofe, speaking yesterday (22 May) on the sidelines of Startupbootcamp (SBC) Africa's final pitching event before tomorrow's deadline for applications. The event -- the Cape Town FastTrack -- was held at Old Mutual's offices in Pinelands, Cape Town. Kiracofe said the FastTrack tour -- which included 19 events in 15 countries in Europe, Middle East and Africa -- had been "amazing". "First of all we did...

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