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  • How is MyGrowthFund’s Top40 mentorship programme faring? We talk to participants

    It's been a couple of months since venture capitalist Vusi Thembekwayo announced the 40 high-growth entrepreneurs who had been selected to join the MyGrowthFund Top40 programme. The 18-month long mentorship initiative aims to nurture and assist participants scale their businesses. We look at how the programme is faring. Three-phase programme MyGrowthFund's Top40 programme consists of three main phases. These include the needs analysis phase, strategy formulation phase and the final phase which entails "aggressive transformation" of the business. During the first phase of the mentorship programme MyGrowthFund conducts needs analyses and deep-dives into the participant's enterprises to "identify critical issues and what needs to be done to remedy...

  • Company Office

    2015 Trends on bidorbuy

    Selfie sticks, drones and wearables are some of the most popular search terms on bidorbuy, which may be an indication of shopping trends for the year (9 January 2015) At the beginning of 2015, several search terms have joined the ranks of “most popular” on South African online marketplace bidorbuy.co.za. “Over a million people visit bidorbuy every month, conducting hundreds of thousands of searches. These numbers are extensive enough to serve as a basis for estimating shopping trends. This is especially important for thousands of sellers who sell on the site. They need to know what prospective buyers are looking for...

  • East African startups have two days left to apply for High 5s Startup Challenge

    East African startups from Kenya, Uganda, Tanzania, Rwanda, Burundi and Ethiopia have two days left to apply for the High 5s Startup Challenge. Applications for the challenge -- which is an initiative of The Nairobi Innovation Week (NIW) and the African Development Bank -- will close on 23 February. Only five startups will be selected for the High 5s Startup Challenge Startups with an inclination towards energy production and distribution, sustainable food production, agri-business, industrialisation, mobility, and those that empower the community are encouraged to apply. The top five selected startups will be awarded US$1000. In addition, they will also get travel costs to attend NIW 2018 (a round trip...

  • Startupbootcamp kicks off FastTracks in Cape Town

    High-growth accelerator Startupbootcamp Cape Town yesterday launched the 2018 Startupbootcamp annual FastTrack World Tour in the city. The tour will now head to Johannesburg on Wednesday (21 February) before moving to Gaborone, Botswana next week Monday (26 February) and Harare on 28 February. The Cape Town FastTrack event saw nine startups, namely Biza, iKasi Property Group, Skillup, NumberBoost, Word of Mouth, Billagain, PaywithShepherd, Timu, and Waves African Exchange participate. The event was hosted at the RCS Group Head Office in Mowbray. "One of the key metrics that Startupbootcamp looks at is that success for startups based on how well we connect startups with corporate contracts, proof...

  • 7 insights we learnt about disruption on the continent at Africa Tech Summit

    Disruptive tech in Africa is "accelerating and picking up speed" and there is a need for people to change their mindsets to keep up. This is according to Ecobank head of research Edward George, speaking at the Africa Tech Summit in Kigali last week Wednesday (14 February). "We are genuinely at the inflection point, so much has changed about the way people have done business. We need to change our mindset as well," said George (pictured above). He said this during a talk titled Stepping Up a Gear: The acceleration of disruptive technology across Sub-Saharan Africa in 2018. Read more: Two-day Africa Tech Summit...

  • Top startup events in South Africa, Africa you should know about this week [19/02/2018]

    Looking to get into the South African startup scene or brush up on some of your skills? Well, you’ve come to the right place. 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 next week’s, please let us know in the comments below or send us an email. Not all of the events are free and some will require booking in advance. Please click on the event names to find out...

  • EmptyTrips in insurance play with launch of SureFOX offering

    Johannesburg-based online trip exchange platform EmptyTrips has collaborated with Nacora Insurance Brokers to launch SureFOX, an instant on-demand cargo insurance offering. SureFOX allows cargo owners and transporters shipping within, to, and from South Africa to purchase marine and goods-in-transit (GIT) cargo insurance cover instantly and digitally. EmptyTrips announced the launch of the service last week Thursday (15 February) in a statement to Ventureburn. The startup's partner in the service offering, Nacora Insurance Brokers, is a subsidiary of global logistics provider Kuehne + Nagel. "Kuehne + Nagel has arguably the greatest knowledge base of logistics in the world," said EmptyTrips founder and CEO Benji Coetzee (pictured above, left). "The deep...

  • Silicon Cape appoints new leadership and operations team

    Silicon Cape has appointed a new leadership and operations team that will be led by Kerry Petrie as interim general manager and Tumi Boitumelo Menyatswe as ecosystem manager. Silicon Cape chairperson Sumarie Roodt told Ventureburn the appointments were made on Tuesday (13 February). Roodt said the announcement of the new all female "super-star team" is a very proud moment for the organisation as it seeks to drive a transformation agenda in the startup ecosystem, as well as spearhead initiatives aimed at creating a more diverse and inclusive ecosystem. "Having Kerry Petrie at our helm, as our interim general manager, is a major...

  • TinyLoop wins H2O Hackathon, bags R20 000 grand prize

    TinyLoop has been announced as the winner of the H20 Hackathon which was held last weekend (9 and 10 February) by accelerator Startupbootcamp Cape Town (SBC) and financial services provider RCS Group. The winning project, submitted by the TinyEco team led by Thomas Bartleman (pictured above), walked away with a R20 000 grand prize and a corporate deal with Thundafund. "TinyLoop is a closed-loop shower system that recycles (less than) 10 litres of water for a continuous, guilt-free shower experience,"said Bartleman in a press release yesterday. "It allows you the opportunity to enjoy showering while staying well below the current Level 6B...

  • Innovation accelerator Startupbootcamp hosts FastTracks to source top startup talent across the globe [Sponsored]

    Startupbootcamp (SBC), a global family of industry-focused accelerators, last year launched its first-ever Africa-based programme. Building on the success of its inaugural 2017 Cape Town tech venture accelerator program, SBC Cape Town now embarks upon its FastTrack tour for 2018 – sourcing top-tier tech startups to join the programme’s second year. The first-ever Cape Town Accelerator was a rollercoaster success with 32 corporate agreements including pilots and proof-of-concepts, signed during the accelerator. “To sign 32 agreements is above average for any Startupbootcamp programme in the network. However, when compared to other first-time programmes, SBC Cape Town is the top performing programme. Even...

  • Two-day Africa Tech Summit now under-away in Kigali

    The Africa Tech Summit Kigali is now under-away after kicking off this morning in the Rwandan capital. The summit aims to explore the major trends in the continent’s tech sector, connect key players and entrepreneurs as well as drive investment into Africa’s tech ecosystem. Speaking on the sidelines of the event, Africa Tech Summit Kigali organiser Andrew Fassnidge said over 350 delegates from 29 countries are at the summit, including investors from Australia, Germany and Russia. Africa Tech Summit Kigali aims to connect, explore and drive investment into the continent's tech ecosystem "We tried to ensure a good mix around investors and companies that...