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  • ‘Shortage of township startups with innovative, unique ideas’

    Too many township startups are pursuing "me-too ideas" over innovative ideas, says Innovation Hub CEO McLean Sibanda. Speaking to Ventureburn, Sibanda says the organisation, which is funded by the Gauteng provincial government, battles to find innovative entrepreneurs to back in the townships. "Most young people in townships don't have a degree, but the entrepreneurial flare is there and that's why we've decided to invest there," he said. The Innovation Hub is currently assisting 150 township startups through seven centres in its eKasiLabs programme. These include among others a startup involved in manufacturing environmentally-friendly paint, another making audio equipment, a business offering household cleaning services and an...

  • Company Office

    Silvertree Internet Holdings, Africa’s premier internet platform and leading recruiter

    Cape Town:  Silvertree Internet Holdings, founded by Manuel Koser, Peter Allerstorfer, and Paul Cook, is Africa’s premier Internet platform with countless benefits and growth opportunities for prospective employees. After just three years of active investment in Sub-Saharan Africa and beyond, Silvertree Internet Holdings currently invests in over 10 companies across South Africa, Nigeria, Kenya and Ghana; and boasts around 300 employees with 3 million unique users visiting their various online platforms, per month. Within the last year, Silvertree Internet Holdings also achieved one of their greatest successes thus far through the acquisition of PriceCheck (previously Naspers owned). Together with CompareGuru and...

  • Seedstars World announces final call for startups in Cape Town

    Following its announcement earlier this week of the 12 startups that will pitch at Seedstars World Johannesburg today, the major early-stage business competition heads to Cape Town early next month in search of top startups. Those startups looking to pitch at the event -- to be held at Workshop 17 on 8 June -- have until only this Sunday (28 May) to apply. To qualify to pitch startups need to be less than two-years old, have raised less than $500,000 in funding and have a working example of their product or service. Startups also need to have existing traction and the capacity for regional and...

  • SA indie studio Nyamakop accepted into global games accelerator Stugan

    South African independent games studio Nyamakop has been selected as one of global games accelerator Stugan’s 2017 members. The Kenyan-South African duo from Johannesburg, who have developed the game Semblance, made the announcement in a press release to Ventureburn today. Nyamakop’s co-founders, Ben Myres and Cukia Kimini, will be part of 15 game developer teams from around the world (see the full list here) invited to attend the accelerator. The teams will stay in the Swedish woods for two months in which time they will work on their dream independent video games, while they are housed and fed, with mentors visiting each week to give feedback on...

  • Telecommunications department to help 50 girl-learners to innovate

    The Department of Telecommunications and Postal Services is looking to train 50 girl-learners from the Eastern Cape on developing ICT innovations, Deputy Minister of Telecommunications and Postal Services Stella Ndabeni-Abrahams told MPs yesterday. In an address to Parliament yesterday during the presentation of the department's budget vote, Ndabeni-Abrahams said following the completion of the intervention the girl learners will then participate in a challenge to build their own innovation which will benefit their communities. The intervention was launched last month during International Girls in ICT Day. In addition South Africa's domain name authority .zadna will also train women-led small businesses on website development and domain-name registrations. The department would...

  • Korea opens applications for 50 startups to join global accelerator

    The Korean government is seeking 50 high-potential startups from around the world to join the K-Startup Grand Challenge for four months of business acceleration in Korea. The programme, which is now in its second year and starts in August, is run by Korea's Ministry of Science, ICT and Future Planning (MSIP) and the National IT Industry Promotion Agency (NIPA). Startups founded within the last five years with a minimum viable product (MVP) can apply. Participants selected for the acceleration programme will receive $12,000 to cover living expenses over four months, while funding towards round-trip flights to Korea will also be provided. Startups will also get office space and prototyping...

  • Ecobank challenge finalists announced

    Ecobank has announced the finalists in the Ecobank Fintech Challenge, a competition for African technology startups launched in January. The list includes 20 innovators from across the continent who will join the Ecobank Fintech Fellowship programme. An innovation fair and awards ceremony will be held on 21 June at Ecobank's headquarters in Lomé, Togo to honour the 20 startups selected. The 20 will also get the chance to exhibit and pitch their products to a jury which will select the top innovator and two runners-up. In addition to joining Ecobank's fellowship programme, the top three innovators will win cash prizes worth $10,000, $7,000, and $5,000...

  • Google Launchpad Accelerator announces six African startup for fourth class

    Four Nigerian startups and one each from Kenya and South Africa will join 27 other startups at the 4th class of Google's Launchpad Accelerator. The announcement was made yesterday by Google on the Google Developers Blog. It's the first time Google has opened the accelerator to startups from Africa and Europe. Read more: JUMO first SA startup to be selected for Google Launchpad Accelerator The six from Africa startups, which were among 33 startups chosen by Google, will attend a two-week bootcamp at Google’s headquarters in California from 17 to 28 July, and get six months ongoing support and mentorship and $50,000 in funding. The 33 startups also include six from India; four from Brazil;...

  • JUMO first SA startup to be selected for Google Launchpad Accelerator

    South African fintech startup JUMO has become the first South African startup to be selected by Google for its Launchpad accelerator. The announcement was made yesterday by Google on the Google Developers Blog, with JUMO chosen alongside 32 other startups, including five others from Africa, to join the accelerator. As part of being selected onto the accelerator JUMO's leaders will embark upon a two-week bootcamp at Google's headquarters in California from 17 to 28 July, while the startup will get six months ongoing support and mentorship and $50,000 in funding. Speaking to Ventureburn from Myanmar, where he is investigating new business opportunities, JUMO founder and CEO Andrew Watkins-Ball said he was excited as...

  • Innovation awards finalists announced

    FNB Business in association with Endeavor South Africa has announced 12 startups shortlisted for the FNB Business Innovation Awards. The awards are aimed at businesses that are able to demonstrate real innovation that has the potential to change the way an industry operates both locally and internationally. The businesses must be founder-led, exhibit high-growth potential and have the capacity to create a substantial number of jobs. The 12 shortlisted startups are: ArcAqua – A cutting edge food security company with a global vision to eliminate all food wastage by using ozone technology. BrandsEye – An opinion mining company that uses search algorithms, crowd-sourcing and machine learning...

  • Travelground founders launch booking service to target business travellers

    Over 500,000 South Africans travelled domestically for business last year. It's why the founders of the TravelGround Group, Marcel Van de Ghinste and Jonathan Womersley, have launched WorkTripper.co.za, South Africa’s first business-ready accommodation-booking platform. Built entirely for business travellers WorkTripper allows users to find the features and services that they need, such as flexible cancellations, negotiated rates and Wi-Fi, from over 12,000 establishments across the country. The new platform is the group’s third ecommerce venture in nine years and follows in the successful footsteps of TravelGround.com and LekkeSlaap.co.za. Together they attract an average of 750,000 unique users a month, with thousands of...