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  • Here are the 9 startups that’ll compete for Seedstars World’s SA crown

    With its three pre-selection events in Cape Town, Durban, and Soweto done and dusted Seedstars World has confirmed the nine startups that will be competing at its final event in Johannesburg. The nine startups, together with an as yet unnamed wildcard, are competing for a variety of prizes. The biggest of those will see the ultimate winner flown to Switzerland to compete at the Seedstars World Global Summit. Whoever claims South Africa's top spot this year will have some seriously weighty expectations on their shoulders. The 2015 winner, recruitment app Giraffe, went on to claim the global title and...

  • 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...

  • SA Innovation Summit announces competitions for entrepreneurs, investors

    The SA Innovation Summit, set to take place in Johannesburg in September, has opened up entries to two competitions: the Inventors Garage and the SA Innovation Legends Pitching Den competitions. The pitching den is open to high-growth start-ups, established companies and large corporates who are driving innovation on the African continent. “The Pitching Den was designed to recognise companies whose innovative tech-enabled solutions have the potential to make a significant positive impact on the growth of the continent,” says Dr Verhaeghe. The overall winners will be announced at an Award Ceremony and stand a chance to win...

  • The world of venture capital and a peep into the basics

    Every thriving company has a founding story behind them. Usually it involves college dropouts, friends experimenting in a garage or products sold individually. It makes us wonder how they achieve it. Their success is connected to their passion, perseverance, innovation and usually just being lucky. But the important role venture capital plays in the founding of a company doesn’t usually get told. The money provided to startups in exchange for partial ownership in a business is called venture capital. It helps in changing the direction and potential of the company. Nowadays, it is a necessary in part in industries for...

  • 10 startups the New Economy Accelerator thinks are seriously investable

    The New Economy Accelerator, launched in 2015, has announced the graduation of its first cohort of entrepreneurs. The graduating startups, it says, are focused mainly on green and environmental technology and represent an investment opportunity of R22-million. The investor showcase is hosted at the inaugural ATTANE Forum taking place at the Innovation Hub in Pretoria from the 27th -28th of June 2016. The ATTANE Forum is a platform for championing Africa’s transition into a more inclusive and sustainable economy by bringing together thought leaders from business, government and civil society to collaborate towards driving Africa’s development agenda. The 10 startups are:...

  • Top startup events in South Africa, Africa you should know about this week [27/06/2016]

    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...

  • LaunchLab picks up BioTech company AzarGen

    Go to most startup incubators and accelerators around South Africa and you'll see a fair few good businesses, but chances are few of them are actively pushing the bounds of science. It's pretty exciting then when you see someone doing something a little different. One such startup, AzarGen, has just joined the LaunchLab in Stellenbosch and it looks pretty damn cool. According to a press release sent to Ventureburn, AzarGen is a biotechnology company focused on developing human therapeutic proteins using advanced genetic engineering and synthetic biology techniques in plants. Started by four PhD students at Stellenbosch University’s Institute...

  • #Brexit: Berlin to shoot past London as Euro startup capital?

    Britain's plans to leave the European Union (EU) will be good news for Germany's startup scene, a major German venture capital provider said. According to Christoph Gerlinger, CEO of Berlin Startups Group, Brexit will see London lagging further behind Berlin. "The Brexit is good news for the German startup scene. Only since 2015 was Berlin able to surpass London, the previously dominant hub of Europe, in the number of and overall volume of financial transactions from startups," Gerlinger explained in a statement. "This development will now accelerate and the distance between Berlin vs. London will increase. We expect a significant decrease in new...

  • The importance of digital finance for financial inclusion in South Africa

    The Banking Association of South Africa defines Financial Inclusion as a development that improves the “range, quality and availability of financial services and products focusing on the unserved, under-served and financially excluded. Principles of financial inclusion include: access, affordability, appropriateness, usage, quality, consumer financial education, innovation and diversification, and simplicity.” According to Bank SETA, 53% of the country’s adult population is unbanked. The reasons vary, including the fear of exploitation, an inability to access physical bank buildings, strict FICA requirements and the steep fees. But factors like the lack of trust in the traditional banking sector, concerns about safety and...

  • This conference wants to connect South Africa’s JAVA coders

    If JAVA is your game, you might want to check this one out. Set to take place on 21 and 22 July in Johannesburg, The I Code Java 2016 Conference is a bid to train and connect Java developers to each other and open up new opportunities in the tech industry. Now in its second year, the conference cites JAVA's popularity as a coding language -- close to 90% of Fortune 500 companies use it -- as a major reason for its existence. According to a press release sent to Ventureburn, the conference is a mix of practical applications...

  • $100m fund launched for impact startups in Africa, Latin America, and Asia

    Capria, a global business accelerator for impact fund managers, on Thursday announced the launch of a US$100-million fund targeting early-stage impact businesses across Africa, Latin America, and Asia. According to a press release sent to Ventureburn the fund plans to invest in at least 15 impact funds over the next five years, significantly expanding Capria Network’s global reach. By 2025, Capria says it hopes to unlock over US$500-million in local and global capital to invest in businesses that will "cumulatively serve more than 5 million low-income people across diverse emerging economies". The fund, which is meant to address the fact...