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  • CiTi InnoTech incubator calls for SA change-makers

    The Cape Innovation and Technology Initiative’s (CiTi) is calling for South African tech startups to apply for its new incubator programme InnoTech. Running from August 2015 to March 2016, InnoTech looks to stimulate the creation of new businesses and support the expansion and growth of existing companies through the uptake of technology and innovation capability. The programme is also looking to attract BEE candidates. However, CiTi reassures that all entrepreneurs are encouraged to apply. The InnoTech programme was first introduced after CiTi entered a multimillion rand partnership with the country's telecommunications giant, Telkom, in May this year. The partnership forms part of the...

  • Company Office

    The comparison website Click n Compare is taking Africa by storm

    Cape Town, South Africa - Click n Compare, a South African focused comparison website is expanding their outreach after a very successful year with a strong month on month growth of 40%. Alongside the South African success of the brand comes now their expansion into both Nigeria and Kenya. Established in 2013, Click n Compare is a one-stop portal for African consumers who are looking to source services and be educated in hard-to-navigate verticals, such as insurance, mobile, broadband, and banking. The Internet has empowered consumers to access more information than ever before, but it has also made it that...

  • Do accelerators really work? This new study aims to find out

    With challenging application processes, high-profile mentors and exciting prizes up for grabs, accelerators are usually the bee's knees in the startup world. But do they really work? If so, what types of programmes have the highest impact on entrepreneurial success? A new comprehensive study aims to find out just that. Officially announced at the sixth annual Global Entrepreneurship Summit in Kenya, the so-called Global Accelerator Learning Initiative (GALI) seeks to collect data on more than 10 000 accelerator firms globally. The study hopes to gather enough statistical data and market insight to better inform accelerator decision-making. The argument goes that although there...

  • How Ghanian startups are making an impact on the global stage

    The article is written by Ross Baird -- the executive director of Village Capital who joins digital pioneers Jean and Steve Case along with the Case Foundation from the US in exploring the entrepreneurial ecosystems in Kenya, Ghana and Nigeria. "Startups are the seed corn of the future economy," our partner Steve Case, co-founder of AOL and chairman of Case Foundation, often says. Today, Silicon Valley is envy of the entrepreneurial world, but 50 years ago, Silicon Valley was apple orchards. Detroit, then the wealthiest city in the US in terms of median income because it was the centre of the...

  • 10 finalists emerge for Seedstars World Lagos challenge

    Global startup competition Seedstars World has revealed 10 Nigerian startups that will pitch their hearts out later in Lagos this week. The winner of the Nigerian event will be invited to Switzerland where it will represent the country in the final round February 2016. The ultimate wining startup will win up to US$500 000 in equity investment. With a focus on emerging markets, the Seedstars World challenge is taking place in 50 countries this year. Past participants have raised and estimated total of US$20-million and created more than 360 jobs. Marcello Schermer, the regional manager for Africa at Seedstars World, adds that...

  • Have you got the brains to be an entrepreneur?

    I would like you to do a small quiz built by a person I admire a lot: Dan Ariely, the behavioural scientist. The quiz was designed to assess one's ability to make government policy and take corporate decisions. But I believe it is at least as appropriate to assess your ability to be an entrepreneur. Here's the deal: Take this Dan Ariely quiz. When you finish, read Dan's feedback. Return to this page and get some insight on its relevance to entrepreneurs and startups. How did you do? Did you get the right answer (ie an increasing sequence of numbers) or did...

  • Raru, Pargo deal lets you collect your online shopping from a store near you

    Launching only a year ago, South African ecommerce store Raru continues to add more functionality and offerings to its platform, in order to find its competitive edge. By integrating with Pargo's pick up points service, Raru clientele can now collect orders from one of over 200 stores in the country. This option, according to Raru, "is also a more cost-effective option for many regional areas, and in many cases offer convenient after hours collections." Interestingly, Pargo found that 33% of the parcels are picked up after hours. The pick up system is simple: an ecommerce store gives the parcel to Pargo,...

  • Ampion, Merck accelerator to foster health-tech startups in Africa

    Pan-African entrepreneurial initiative Ampion has teamed up with German pharmaceutical Merck to launch a health-tech accelerator in Nairobi, Kenya. The new health-tech accelerator is designed to offer startups customised support from Merck’s Innovation Center in Germany, along with operational and scaling mentorship and the potential to secure pilots with "key global players". Read more: Ampion Venture Bus: an NGO’s mission to drive impactful innovation in Africa In a press statement, Merck project manager Alexander Hoffmann explained the value of technology in these fast-growing markets: "For us at Merck, the support of healthcare technology on the continent is important not just in terms of...

  • Magento, Shopify, WooCommerce: which ecommerce platform works for you?

    Online portals are a must for every business model now. Being online can bring great benefits to new business owners who want to get their hands dirty, so to speak, and offer their products to a wider audience. The decision build an online store is therefore a natural one. The really difficult part is choosing the best ecommerce platform? And if you're a non technical person, well that only makes the task more daunting. There are hundreds of solutions available for developing ecommerce sites using various platforms. However, each solution has its own distinctive features that can meet the needs of...

  • Cisco Capital introduces low rate financing programme for SA SMEs

    Financing solutions provider Cisco Capital recently launched its Easylease Low Rate Financing programme in South Africa, which it says is in line with the multinational IT giant's commitment to help SMEs access new-generation technologies. Through a series of monthly repayments, the Easylease programme seeks to help small businesses finance their networking solutions, manage cash flows and take advantage of new Cisco technologies. It also offers a 12-month interest-free repayment option. Read more: 5 important trends that show Africa’s venture scene is on the rise "Through Easylease, we enable customers to acquire their desired Cisco solution so that they may enjoy the benefits...

  • 702, CapeTalk Small Business Awards offer over R1m in prizes

    South Africa's 702 and CapeTalk Small Business Awards have kicked-off. Nominated small businesses from across the Western Cape and Gauteng will stand a chance to win their share of over R1-million in prizes. The annual initiative is part of a collaboration between radio broadcasters 702 and CapeTalk and online accounting and payroll provider Sage One. With its mission to recognise local small businesses' achievements and provide them with the support they need to grow, Small Business Awards encourages listeners to nominate the most impressive companies recognised over the last year. Last year, 702 awarded Book Express the regional winner. Founded in...