Startup news

World’s largest startup accelerator testing programme launch in Cape Town

founder_institute_south_africa_cape_town Having set up shop in Johannesburg earlier this year, the Founder Institute is now looking to expand to Cape Town. The Founder Institute is an early-stage startup accelerator and global launch network with a part-time four month programme. The idea is that entrepreneurs can launch their dream company with training, feedback, and support from experienced startup CEOs, while not being required to quit their day job. The Founder Institute touts its "Graduate Liquidity Pool" which ropes in graduates and mentors ...

Startup news

GoMetro’s first 6 months: 600 000 users, KZN, Eastern Cape rollout next

go_metro_first_six_months_infographic When we first wrote about mobi.lity, the traveller information startup from Cape Town, it had already won a pitch to Western Cape transport agency, Metrorail for its prototype mobile transit app. A short while later, Metrorail officially adopted the service and rebranded it as GoMetro. Since then, GoMetro has seen impressive adoption, and it has become an indispensable utility for over 600 000 railway commuters in South Africa. Through a partnership with iROKO Partners, the world’s largest online distributor of African ...

Competition

UJ students to represent SA in Microsoft’s Imagine Cup competition

Analysing social media chatter is getting more important than ever and for brands it's one of the key ways of measuring sentiment. A group of young developers from the University of Johannesburg think they have come up with an "innovative tool" that will allow businesses to not only monitor chatter on social platforms but also gain a better understand the data. The young entrepreneurs behind the product, SentiMeter, are finalists in Microsoft's Imagine Cup, a global technology competition in Russia later ...

Startups

Battle scarred and wiser: SnapBill’s fight for cloud-billing dominance

snapbill When we last checked in on SnapBill, the cloud-based Swiss Army knife of recurring billing systems, it was yet to execute on its international ambitions. Today, SnapBill supports 34 currencies and claims the type of flexibility that allows it to handle just about any tax configuration. SnapBill endeavours to be a complete billing solution. Its users can bill their clients as well as add recurring products and services to their clients' accounts to automate the entire invoicing and payment collection process. A ...

Emerging Markets, Startups

Brazil lures foreign startups with acceleration programmes and incentives

Brazil Country Flag In order to lure startups and foreign investment, the Brazilian government is promoting visas and other incentives for foreign businesses to relocate to the country. The Ministry of Science, Technology and Innovation has announced a US$78-million investment in an attempt to spur growth of up to 100 domestic and foreign technology entrepreneurs. This is taking form in programmes such as Startup Brasil which is attempting to "aggregate groups of actors and institutions" in order to accelerate the startup's process by ...

Startups

SAP finds innovation in Africa, announces Startup Forum winners

Enterprise companies are increasingly looking to startups for innovation. The SAP Startup Focus programme saw, eight finalists -- selected from 50 across Africa -- pitch their ideas on how to best leverage the real-time capabilities of SAP HANA, the real-time business insight database platform. The judging panel included Kaustav Mitra, who leads the SAP Startup Focus programme, as well as senior SAP specialists based in Palo Alto, California. SAP Startup Focus is a global effort aimed at driving adoption of the SAP ...

Interviews

Interview: Sam Hutchinson, CTO of unified messaging juggernaut Everlytic

sam_hutchinson Sam Hutchinson is co-founder and Chief Technical Officer of Everlytic, the unified messaging platform for sharing content via email, mobile, and social media. South Africans Hutchinson and Josh Adler started Prefix Technologies in 2004. When the duo began tailoring email newsletters for the publishing industry, Everlytic was born -- a general email and mobile marketing platform. Today, Everlytic ties together email marketing, social sharing and analytics with support for popular CMSes like WordPress and Drupal. Clients can measure and track campaigns ...

Innovation

Innovate, network at hack-a-thon that brought the world the tweeting hamster

tweeting_hamster Hellocomputer and Draftfcb are all set to host the first of their tri-annual hack-a-thon of 2013 at their Johannesburg office, in May. The frenetic 48-hour event briefs and pits teams against each other to produce the most innovative and refreshing "invention" from whatever means necessary -- no matter how bizarre or unconventional those means might be. It's a no holds barred experience, and one many talented tech-savvy (programmers, engineers) and creative (designers) individuals should consider for the opportunities it might well provide. The ...

Venture capital

Singapore’s Nitrous.IO gets $1 million funding from Silicon Valley luminaries

nitrous.io Nitrous.IO, Action.IO’s software development platform and key product, just got US$1 million in seed funding from a handful of VC firms in Silicon Valley including Bessemer Venture Partners, Draper Associates, CrunchFund, 500 Startups, TIBCO Software, and individuals like Eduardo Saverin and Prosper Nwankpa. The whole idea behind Nitrous.IO is to help “developers create a development environment in the cloud in a matter of seconds.” If I have a developer team and I want to build and implement a software product, it ...

Social networking, Startups

WAYN: how a social startup is cashing in on its jet-setting community

wayn_feature_image Since its re-launch in 2006, WAYN has managed to become one of the few social startups to secure funding despite a recent downturn in social media investment. After changing its market strategy over the years, the ‘Pinterest for travelers’ has relaunched its site once again in February. WAYN (Where Are You Now?) claims to be the world’s largest travel and social network and tries to fuse commerce with social. WAYN has, and still is, showing interest in key emerging markets ...

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