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  • Is market research a lost art for entrepreneurs?

    In decades past, entrepreneurs didn't have nearly as much access to data and information. Yet, that didn't seem to stop them from doing market research. They would pore over whatever information they had and tirelessly seek out more. The roles seem to be reversed today. There's more information circulating around the internet than ever before, yet it seems like fewer entrepreneurs are taking the time to determine market viability prior to launching startups. Market research matters Launching and growing a successful business can ultimately be simplified down to two key components. First, you need a valuable product or service that satisfies a...

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    Callpay, MyGate announce telephonic payments collaboration

    MyGate, one of Africa’s largest and fastest growing gateways, and Callpay, an innovative provider of secure payment solutions have collaborated to provide a payment solution that offers secure, telephonic payments in South Africa. Through this exciting collaboration, companies that require contact centre agents to accept card can now process these transactions through MyGate to the bank. Card payments are processed in a PCI compliant manner through their contact centre agents without the agent hearing or seeing any sensitive card data. At the point of payment, the agent simply delivers a virtual terminal directly to the customer’s mobile device. It can...

  • Top startup events in South Africa, Africa you should know about this week [16/01/2017]

    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...

  • WumDrop launches Deliver 2 Me, new address-free delivery option

    Startup courier service WumDrop, has launched a new offering, allowing parcel deliveries without the need for an address. The service, which the company calls Deliver 2 Me, uses the receiver's phone and its real-time location. It will also allow users to choose a time for the delivery to take place. "What makes this technology remarkable is its scalability. Deliver 2 Me isn't locked into a native mobile app like most geolocation services - it leverages the increasingly powerful suite of features found in mobile browsers to deliver an accurate delivery location to the driver, and a clean, easy to use interface to the...

  • JA Youth Enterprise Development Programme for women now accepting applications

    The Junior Achievement (JA) SA, a non-profit organisation, has opened its Youth Enterprise Development Programme, which is set to begin on 6 February 2017. Selected participants will be taken through the 20-week learning programme, which consists of three-hour theoretical and practical sessions taking place twice a week. The participants will be taught various aspects of running a successful business, namely business theory, market research, basic computer literacy, financial and business management as well as sales and marketing. Workshops will take place around SA at various community centres near Gauteng, the Western Cape as well as Limpopo. Those wanting to apply are required to...

  • Applications still open for Barclays fintech accelerator 2017 programme

    For fintech startups, applications are still open for the Barclays Techstars Accelerator programme, which takes places from 9 May to 2 August in Cape Town. Out of all the applications, 10 startups will be selected for the 12-week programme. They will receive training and mentorship from the bank and Techstars as well. "The Barclays Accelerator, powered by Techstars, is proud to open its doors in Cape Town, offering a gateway into many of the fastest growing global economies," writes the programme. The Barclays Techstars Accelerator programme will fund up to US$45 000 per startup and takes between a 6 to 8% equity share. "We are interested...

  • Fomo Travel: the lay-by startup looking to make travel easier

    Travelling the world can be a costly endeavour, however, SA startup FOMO Travel aims to make it much less of a burden on your wallet. The company was started last year by Andrew Katzwinkel and is described as a lay-by service for budding travellers. The team also consists of Vuyisa Qabaka, who's a mentor to Andrew and a board member of Fomo; Dean Cannell, a tech partner; Bradley Elliot from Platinum Seed, who's involved with their digital marketing as well as Brian and Lee-Ann Singer of The Singer Group, who are infrastructural partners. "I decided to start Fomo Travel because too many South Africans...

  • Golf startup Tagmarshal announces further expansion into US market

    Golf technology startup Tagmarshal will further its expansion into the US markets. This comes after the company received an undisclosed second round of funding, lead by Germany investor Christian Vollmann and joined by five EU and SA-based investors. "We have a proven product and a growing list of customers that are not only getting results and significant ROI, but are happy to recommend and refer their networks," says CEO and co-founder of Tagmarshal, Bodo Sieber, in a press release to Ventureburn. "This speaks volumes for the effort our team has put into working closely with some of the industry's best courses, focusing on advancing the...

  • The 6 startups to represent Africa at AFIF Entrepreneurship Awards

    Six African SMEs have been nominated to represent their nations at the 2017 Africa Finance and Investment Forum (AFIF) Entrepreneurship Awards. The event is supported by the Rabobank Foundation and will take place at the Strathmore University in Nairobi from the 13 to 16 February 2017. The awards will seek to provide those selected with the necessary support to grow their businesses. The finalists will not only receive free accreditation to join the AFIF's full programme, which includes conferences, training and B2B networking opportunities, but the award winner will also receive a cash prize as well as national and international media promotion...

  • Amazon Project: Nigeria gets own pitching show

    Nigeria will be receiving its own televised SME pitching competition titled The Amazon Project. The show aims to provide entrepreneurs with the necessary ways to take their product to market. AIS Media along with other partners will help entrepreneurs discover new ideas, validate their concepts as well as try to assist them with financial support in the form of investments. The show is accepting applications from thousands of Nigerian startups, who will undergo major scrutiny by a consulting organisation. This same organisation will shortlist businesses who will be selected to pitch their idea on the show. These pitches will undergo further scrutiny from a...

  • The African Business Angel Network’s year in review

    Since the launch of the African Business Angel Network (ABAN) in 2015, there has been a noticeable growth in the amount of Angel Investors. "2016 saw the rise of cross-border collaboration of Angel groups across the continent and an increasing focus on Angel investor education as their investments in startups continued to grow. We also saw a marked increase in the number of Business Angel Syndicates and Networks emerging," said ABAN president, Tomi Davies, in a press release to Ventureburn. According to ABAN, Angel investor groups, networks, as well as initiatives have grown to over 40 across 25 African countries. They've...