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  • What you need to know about investing in tech startups

    There are plenty of innovative technology startups out there offering incredible opportunities for investors. Despite this, the profits generated by such startups are not always guaranteed, and neither is their success rate. Thus, when an investor thinks of investing in these startups, a wide array of factors will need to come into play. These include the expertise of the founder as well as the scalability of the startup. Figuring that out may seem like tedious work, but it is much better than burning your money in a startup that will prove to be unsuccessful. Expertise, Network and Skill set of...

  • 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...

  • PriceCheck launches tech, ecommerce awards

    We haven't heard much from PriceCheck since it was bought out from Naspers by original founder Kevin Tucker and Silvertree Capital in November last year. That, however, looks set to change with the price comparison service launching its own ecommerce and technology awards showcase. Coinciding with the company's tenth birthday, the awards, set to run later this year, will apparently be aimed at recognising outstanding South African tech and ecommerce businesses, and contributions to the industry. According to a press release sent to Ventureburn, PriceCheck felt that the occasion of its tenth birthday represented a prudent opportunity to shed light...

  • MMI Holdings’ Exponential Ventures, Anthemis Group to invest in financial wellness startups

    This is interesting. MMI Holdings (MMI), together with advisory firm Anthemis Group (Anthemis), on Thursday announced a partnership that will see it pump millions of Euros into financial wellness startups around the globe. MMI has provided the initial €30-million (± R520-million) commitment while leaving room for other likeminded firms to join the initiative. The investment partnership will operate on the principle that by supporting companies that improve the financial wellness of individuals and SME’s, investors can achieve ‘profit with purpose’ and help to create a prosperous and inclusive global growth economy. To that end, the partnership’s investment will primarily...

  • These are FNB’s 2016 Business Innovation Awards finalists

    FNB has announced the finalists of its 2016 Business Innovation Awards, supported by Endeavor. The finalists are competing for an all-expenses-paid trip to attend the prestigious Endeavor International Selection Panel (ISP) in Boston. The awards aim to recognise true innovation excellence, whilst emphasising the importance of business scalability – a significant driver of sustainable employment opportunities. The finalists are: Trevor Wolfe and Remon Geyser of delvv.io Melvyn Lubega and Andrew Barnes of Go1 Graham Rowe and Richard Johnson of Guidepost Paul De Kock, Dennis Marketos and Paul Marketos of IsoMetrix Erik Oosthuizen and Gareth Farrow of Kliq Holdings David Shapiro and...

  • Why going paperless can make you more money — and save some too

    The environment and saving costs when moving a business to a paperless office are the two most popular benefits. While these two are important, there are many hidden positives that tossing paper can do to help small businesses to reinvent and simplify their endeavour - leading to increased profitability. Despite these benefits, businesses seem hesitant to digitise the contents of their filing cabinets and change the way they do business. It’s not a challenge that only South African business owners face. In the UK it was calculated that the financial waste from using paper in the SME market runs...

  • Here are the 11 startups that’ll compete at Seedstars World Soweto

    Seedstars World, the Swiss-based emerging markets entrepreneurial conglomerate, on Tuesday announced the 11 startups that'll be competing in the Soweto leg of its South African pre-selection event tour. The Soweto event is the third and final in the pre-selection series, with the Cape Town winners announced in late May and the Durban event set to take place on Wednesday. The event will take place at eKasi Labs with the startups to pitch to a panel of judges. The top three startups will be invited to Johannesburg, where they will compete with the best startups of Cape...

  • How to scale your startup’s infrastructure from the inside out

    When considering the most exciting elements of entrepreneurial life, you probably don’t immediately think of the word “infrastructure.” Foundations, wiring, plumbing — surely, these aren’t the things that provide a startup with the innovative spark it needs to grow. But infrastructure goes way beyond pipes and wires; it’s your startup’s internal road map. It’s your HR systems, sales processes, and marketing protocols. It embodies some of the most vital and creative parts of your operation, and it helps you achieve your biggest goals. As you begin to grow your business, you need to ensure your infrastructure can expand alongside you....

  • Top startup events in South Africa, Africa you should know about this week [06/06/2016]

    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...

  • This new MOOC helps you figure out if you really need VC

    In the startup space, people (including us in the media) tend to get very excited when a business gets Venture Capital funding. On one level it makes a lot of sense: comparatively few startups get VC funding and it can make serious difference to those that get it. But could all the effort that some startups expend on trying to get funding be better spent elsewhere? According Dr John Mullins, Associate Professor at London Business School, the answer to that question is a very firm "yes". So fervent is Dr Mullins in this regard that he's put together...

  • Raising your game: Themba Dube and The Numb3r Factory [SPONSORED]

    Less than five percent of people affected by disabilities in South Africa receive the tax benefits that they are entitled to. Tax consultant Themba Dube has dedicated his career to helping these individuals to receive the benefits that they so desperately need. See how Themba raises his game A taxman with a big heart Growing up in Soweto, Themba Dube has always had a strong social conscience. So when he graduated as a tax consultant, he wanted to use his skills to make a difference in his community. It all came together when he was approached by a client with a...