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  • And the winners of the Cape Town Entrepreneurial Competition 2012 are…

    Moments ago LaunchCapeTown announced the winners of the Cape Town Entrepreneurial Competition for 2012. Congratulations to the following teams. Track 1 -- Idea Stage 1st place: Zoe-X 2nd place: Ching 3rd place: Home Bug Track 2 -- Growth Stage 1st place: Snapplify 2nd place: Triggerfish 3rd place: Umuntu Media Earlier today all ten finalists received a second round of coaching and delivered their final pitches in front of the judges, mentors and other finalists. The awards ceremony concludes CTEC 2012, but the three Growth stage winners will receive additional coaching next week, in preparation for the Barcelona Global Entrepreneurship Competition nominations. The winners of both groups receive cash prizes and...

  • Company Office

    Sureswipe’s new POS Lite is a game-changer for small retailers and startups

    For a small retailer or startup to be successful and move to the next level, it’s important that systems are in place to track inventory, recon and balance merchant batch closure, manage multiple store and staff sales and have immediate access to real-time data that helps make better management decisions. South Africa’s long-standing fintech player, Sureswipe has launched a new Point of Sale (POS) app and an online business management portal that will change the way small retailers, startups and pop-up shops process card payments from customers and manage their businesses. Sureswipe POS LITE comprises an app and online portal which...

  • LaunchCapeTown: Cape Town Entrepreneurial Competition — Day 1

    Memeburn was in the house for day one of the Cape Town Entrepreneurial Competition (CTEC), part of LaunchCapeTown, the event that brings together startups, entrepreneurs, and digital tastemakers. The morning started off with an opening address by Belinda Walker from the City of Cape Town. In her spirited talk, ten teams waiting to deliver their opening pitches listened intently as Walker stressed the the importance of entrepreneurship in job creation. She called Cape Town “a city of contrasts” and highlighted the 28% unemployment rate -- 40% if you include those who are not actively pursuing work. In order to avoid what...

  • Meet the ten finalists for the Cape Town Entrepreneurial Competition

    Last night, at LaunchCapeTown's TechBash opening ceremony, the ten finalists for the Cape Town Entrepreneurial Competition (CTEC) were announced. LaunchCapeTown is a five day event that brings together startups, entrepreneurs, and digital tastemakers. Five finalists were announced for two groups. The "idea stage" group -- businesses that are not trading yet -- and the "growth stage" group -- businesses that have been trading for less than two years or that have been trading for more than two years, with a new product or service or that need capital for expansion. The first round of the competition kicked off today and saw...

  • ForgetMeNot Africa eTXT Apps Challenge: Win big in Zimbabwe

    If you’re a Zimbabwean tech entrepreneur, this might be of interest to you. A competition launching next week at the Harare Club of JumpStart -- the community driven initiative for tech entrepreneurs -- will enable developers to launch their apps and earn revenue from them on Econet Wireless, Zimbabwe’s biggest cellular operator with an estimated 6 million subscribers. The competition is called the ForgetMeNot Africa eTXT Apps Challenge. ForgetMeNot Africa (FMNA) is the company that partners with mobile operators to provide internet type services to users who don’t have smartphones or data connections. FMNA provides these services as part of...

  • All aboard the StartupBus: The pressure cooker startup incubator on wheels

    Bottle the following ingredients: the electric buzz of a Red Bull fueled hackerspace, the interpersonal caterwauling of a reality show and pressure, loads of pressure. Now, let it loose on a bus travelling at 60 miles an hour and you get StartupBus. StartupBus has been around for over two years now and it continues to bring together intrepid tech entrepreneurs, designers and developers who present ideas and develop working prototypes while in transit. Buses carrying these enterprising tech geeks meander towards a final destination, at which time a judging ceremony is held, recognising the best prototype. This all happens in...

  • AngelHub uncorks a heady bottle of Real Time Wine

    Last month, Memeburn got the scoop on AngelHub’s latest investment, Real Time Wine, the no bullshit 140-character social wine review site. Real Time Wine recently disclosed some more information about the deal. AngelHub’s investment in Real Time Wine is the angel investment group’s second paid out deal in six months and it concludes Real Time Wine’s first round of successful fundraising. Real Time Wine secured private angel funding from angel investors such as Michael Jordaan, owner of Bartinney Wines and Mike Ratcliffe, managing director at Warwick Wine Estate. As AngelHub offer expertise, networks and mentorship in addition to...

  • MIH launches new online shop creator on WordPress

    This has the potential to be big. It’s a new eCommerce tool that allows users to “create an online shop in minutes”. The new service, called QikCommerce, is a joint venture between MIH -- the investment arm of US$18-billion emerging markets internet giant Naspers -- and a small WordPress theme building company Obox. Obox has also been credited with building official themes for Posterous. It’s fairly natural then that QikCommerce should run off a WordPress platform, although the team behind it claims it has been “tweaked and manipulated to present a customer experience that is unlike any...

  • Y Combinator: Investors should back the jockey not the horse

    Y Combinator, a leading seed investment incubator, recently announced that it would be accepting startup applications for this years fund from startup founders WITHOUT an idea. Here's how the incubator describes itself on its website: Y Combinator does seed funding for startups. Seed funding is the earliest stage of venture funding. It pays your expenses while you're getting started. Some companies may need no more than seed funding. Others will go through several rounds. There is no right answer. How much funding you need depends on the kind of company you start. It appears that the technology investment market arrived...

  • Attention entrepreneurs, diarise this: LaunchCapeTown

    If you’re an entrepreneur looking to network, polish your elevator pitch, hone your product or simply learn from big names in the tech industry, diarise LaunchCapeTown, the five day event that starts on 23 March in Cape Town, South Africa and brings together startups, entrepreneurs, and digital tastemakers. The event includes the Cape Town Entrepreneurial Competition (CTEC), as well as startup-related speakers, get-togethers, mentoring sessions and keynotes from big name speakers such as Nimeshh Patel, COO of AOL Europe. Attendees will be able to mix with "trailblazers", media representatives, as well as digital creatives from the interactive industry. The competition...

  • Fabhunter: The new visual bookmarking startup with big dreams

    Tastemakers. Trendsetters. Fashionistas. Fabhunter aims to become a nexus where these fashion aficionados collide. Launched in January of this year, Fabhunter is a new “social fashion discovery engine” that relies on user generated content to facilitate fashion discovery and trend forecasting. As a collective, Fabhunter aims to become a harbinger for fashion trends, but also a platform where individuals can become tastemakers by showcasing their fashion sense and intuition about trends through visual bookmarking. Fabhunter is self-funded and was founded by Werner Geyser who previously served as the business development manager at World of Avatar, the South African VC-incubator hybrid that...

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