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  • Millionaire Underdog Club to hold open startup pitching event in Cape Town

    Are you an entrepreneur in CT with a startup idea in need of funding? The Millionaire Underdog Club is holding an event that may be right for you. Taking place on 14 July at the Table Bay Hotel, the event will allow entrepreneurs to pitch their ideas in front of a panel of top SA business icons and the audience. Those wanting to participate will need to conduct a two-minute elevator pitch, followed by two minutes of open Q&A. The judging panel will consist of Raj Wanniappa, CEO and founder of Future Horizon Technologies; MD of Internet Solutions Saki Missaikos; commercial director of Bidvest Lionel...

  • Company Office

    Securing the right investor for every stage of your business

    So you’ve nailed down the big idea, you’ve got the inspiration, and you’ve laid out a savvy business plan - now all you need is the right investor (or investors) to get your startup off the ground. For many new entrepreneurs, this is the hardest part (so far)…it usually requires pitching your idea (and essentially, pitching yourself), to family and friends, and as the business grows, to angel/seed investors and venture capitalists. It requires asking people to place their money and trust in you and your ability to make something out of nothing. For even the most self-assured among...

  • Seedstars World selects 10 startups for Mozambique pitching event

    Global pitching event, Seedstars World, has finalised their top 10 startups for the Mozambique leg of the tour. The event will take place on 15 July at Rua dos Desportistas. The winner of this event will go on to represent Mozambique at the Seedstars World global competition in Switzerland next year. Startups from 65 countries will compete for the chance to win up to US$1-million, as well as international networking opportunities. In addition to the grand prize, Seedstars World partner, TRECC is awarding the Transformation Education Prize of US$50 000 to the best startup in education. "Part of Standard Bank’s pan-African strategy, is...

  • The quest for startup friendly operator APIs in Africa’s emerging markets

    In a new report (PDF) released by the GSMA Association (GSMA), an organisation representing the interests of mobile operators worldwide, it is revealed that relationships between mobile operators and African mobile startups need to exist. Several startup founders, both on and off the record, complain about the reluctance of telecoms companies allowing their services to run in respective markets. Those being allowed to run on operator networks are apparently being over-charged as well. "On every ten naira made using my service, the operator takes seven naira leaving us with just three naira out of which we will still incur other expenses including royalties...

  • To sell or not to sell? Things to consider when someone offers to buy your startup

    Serious entrepreneurs don't build a company with an aim to sell it. They build it to solve a problem. But a startup may struggle or run out of cash. Or maybe the founders will get tired, have a fallout, or get an extremely attractive buyout offer on the table. This exit offer can come from a customer, partner, rival, vendor, or even another big company. In those scenarios, exiting becomes the end goal for several entrepreneurs. But how does one navigate that curvy road? The panel on "Exits and M&As" at the Tech in Asia Bangalore 2016 conference saw Miten Sampat,...

  • Startups: the investment landscape, VCs demystified

    There has been significant growth and development in the South African entrepreneurship and venture capital ecosystem over the past five years as evidenced by numerous new investment funds and government initiatives as well as high-caliber incubators and accelerators emerging on the scene. All are committed to furthering the growth prospects of commercially viable entrepreneurial ventures in South Africa. Notwithstanding the challenges that still exist for entrepreneurs and SMEs, this is an exciting period for the industry and progress is being made to increase funding opportunities. In order for entrepreneurs to be best prepared for the investment journey, it is important...

  • Entrepreneurs, want to know how Apple co-founder Steve Jobs started out? [infographic]

    There's no doubt that Steve Jobs has built one of the most successful tech companies in the world. Even with the success of the iPod and MacBook, Apple wasn't a company without its own problems. In an infographic on Funders and Founders, created by Anna Vital, the story of Steve Jobs is detailed from early life, his meeting with Bill Gates, and starting Pixar. The Funders and Founders page also includes some quotes from Jobs, as well as some of his philosophies. Love or have the entrepreneur, you have to admire the things he's done. For those of you looking for more infographics...

  • Top startup events in South Africa, Africa you should know about this week [11/07/2016]

    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...

  • Looking for startup office space? Coworking SA can help you

    The popularity of coworking spaces in SA has soared in recent years as they offer an alternative to working from home or an office block. For entrepreneurs, these facilities also mean affordable places to run their business from, and access to almost anything they need for operations. As Philip Joubert of OfferZen discovered, many of these places aren't comprehensive enough in their online listings. In December, both Philip and his brother, Malan, were sharing an apartment, which acted as the base of operations for OfferZen. The two were sleeping on the floor and needed to roll up their beds before staff...

  • Shopstar announces new investment partners

    Online shopping platform Shopstar has announced its new investment partners, in the form of Nona Creative and Kamers. Financial details weren't revealed, but Shopstar said the deal would allow them to expand and develop their business. Developed in 2013, Shopstar allows businesses and individuals to quickly create their own online store, accessible via mobile devices or traditional computers. "Kamers have a wealth of experience in retail and in nurturing emerging brands to become successful and develop their potential. Nona Creative is one of the top digital product development studios in the country. By combining forces and signing them on, Shopstar is now able to expand,...

  • 4 things to consider if you’re prepping your startup for acquisition

    If there's one big, open secret in the world of startups -- in India and around the world -- it surely is that not every founder will live to take their company down the IPO route. For every Facebook and Alibaba, there are thousands of others that either get bought out or, if unlucky, have to shut shop. However, as the industry matures, consolidation has become a much sought-after road to exit. But how does one build a company for an acquisition? Industry experts discussed the elusive road to exits today at Tech in Asia Bangalore 2016. Here are four tips...