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  • Top startup events in South Africa, Africa you should know about this week [5/12/2016]

    Looking to get into the South African startup scene or scratch up on some of your skills? Well, you’ve come to the right place. There are loads of competitions, networking sessions and workshops happening around South Africa and the rest of the continent (namely Kenya, Nigeria and Ghana) that we’ve rounded up to make your life a bit easier. This article is part of a weekly series that highlights all the top startup competitions, networking sessions, workshops and conferences around South Africa, and the greater region. If you have any event recommendations for us to add to the list, or...

  • Company Office

    Judges announced for the IAB SA Bookmark Awards 2017

    The IAB SA has announced the list of judges that will decide which contenders will scoop a coveted Bookmark Award in 2017. The team of judges, led by Jury President John Dixon, features more diverse industry players than ever before. Josephine Buys, CEO of IAB SA says, "Our mid-year, judges workshop yielded valuable insights from the best in the business for judging the Bookmarks 2017. We have secured the time and talent of some of the brightest minds in digital and have expanded our pool of experts to include gamers, innovators and engineers.” Judges will now fall under the categories of...

  • Three SA startups selected for international accelerator

    Three SA startups have been accepted into the Startupbootcamp InsurTech startup accelerator, which will take place in London in 2017. The selection process took place on 29 and 30 November, where ten finalists in total were selected. The three SA finalists, Aerobotics, Emerge Analytics, and NuvaLaw, were selected out of 633 total applications at first. They were then up against 20 other ventures during the selection process for the positions. All ten startups will take part in the Startupbootcamp InsurTech startup accelerator programme, which will last for three months. There, they will collaborate with over 400 mentors, partners, and investors in order to build...

  • Blue Label Telecoms announces new SME accelerator programme

    Telecoms company Blue Label Telecoms and Blue Pencil Management (Blue Pencil) have launched a business accelerator programme. The programme will grant SMEs access to necessary funding, networks, market opportunities and skills to help them become commercially successful. Blue Pencil helps small to medium-sized enterprises channel development, as well as investment and acceleration services. This, in conjunction with Blue Label's access to funding and infrastructure, will help boost participating businesses' growth. "Many small businesses struggle to take off and thrive after the incubation phase – by increasing their chances of success and through the right interventions we can help them to have a positive...

  • 5 easy steps to a successful seed round

    Too often, entrepreneurs go into a meeting with a venture capital firm as if the result is already a fait accompli, assuming that the venture capitalist has all of the power. They could not be more wrong. While the investor may have already formed an initial opinion, their thoughts are by no means final. Your presentation will be the deciding factor. With this in mind, most entrepreneurs should be taking a much more proactive approach to raising their first successful seed round. If you are an entrepreneur and the most you know about seed round funding is from what you...

  • Who won big at EY SA World Entrepreneur Awards?

    The EY SA World Entrepreneur Awards has concluded its 2016 running, with Super Group's CEO, Peter Mountford, winning the award in the Master category. Broad-based supply chain management business, Super Group will go on to represent SA in Monte Carlo in June 2017 at the EY World Entrepreneur Of The Year Awards. Here, they will compete alongside more than 50 other entrepreneurs from around the world. During Mountford's time, he has turned the company around from a loss of R1.3-billion and within 18 months brought the company back to a profitable level. Ran Neu-Ner and Gil Oved, a group of co-CEOs and entrepreneurs of The Creative Counsel...

  • Ducere Holdings on winning R1m in Green City Startup competition

    Earlier this month, car-based startup Ducere Holdings took home the R1-million prize at the Green City Startup competition in Johannesburg. The company created the MISER Hydraulic Hybrid Transmission Systems for vehicles, which is able to save up to 70% of fuel usage, and reduce CO2 emissions. Ventureburn had a chance to catch up with Andre Reyneke (pictured top right), MD of the startup, to find out how the company will be using their prize money and new-found business fame. When asked about asked why Ducere Holdings was entered into the competition, Reyneke didn't sugarcoat his answer and said the prize and marketing were draw...

  • Jungle Ventures raises $100m fund for Southeast Asia and beyond

    Singapore-based venture capital firm Jungle Ventures announced today it has completed fundraising for its second fund, achieving its target of US$100 million. That’s ten times larger than Jungle’s previous US$10 million fund, which closed in 2012. It had raised around US$65 million in September 2015. Jungle Ventures founding partner Amit Anand tells Tech in Asia part of the new fund has already been deployed, in investments like Thailand’s Pomelo, Singapore’s Tradegecko, and Indonesia’s FinAccel. The VC doesn’t reveal the total amount that has been invested from the new fund so far. New investors include Temasek Holdings, Singapore’s National Research Foundation, and European media...

  • 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.

  • Zebra Cabs: taxi service gets R300m injection

    Minibus financing service, SA Taxi has secured a R300-million investment from Futuregrowth Asset Management, it announced this week. The funding will go toward financing the Zebra Cabs owner-driver scheme. SA Taxi acquired Zebra Cabs in 2015, with a view to expanding the service in the face of Uber's popularity. SA Taxi's capital markets director, Mark Herskovits explained that the company was looking for ways to leverage their business model. They decided that their metered-taxi business model was best-placed to scale effectively. "We will consider seeking additional funding sooner if required, but we first want to build scale in the key area of Johannesburg to achieve...

  • 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...