Startup news

Your startup could win an eight-week trip to Silicon Valley: here’s how

Silicon Valley In the world of startups, Silicon Valley is pretty the place everyone else has tried to ape. There's a good reason for that too. The collection of Southern California towns has birthed some of the biggest technology companies the world has ever seen. And now, if you play your cards right, your startup could spend two months there soaking up all the knowledge on offer. The eight week trip to Silicon Valley is the grand prize in SiMODiSA's 10-10 event, ...

Entrepreneurship

The technophobic entrepreneur: a dying breed

Surprised nerd hides behind a computer keyboard over white background Ecommerce, business management apps, social media, The Cloud... the list of technological advances keeps growing. While the sometimes bewildering slew of new technology might make some business owners want to return to the days of the abacus, ignoring it won’t make it go away. Not only can using technological tools help you in your business – they can also be instrumental in your success. Ease of communication Communication is crucial to any business, so it goes without saying that any technology that ...

Ecommerce

Superbalist swings past the million member mark

Superbalist acquisition Things are looking pretty good for the team at Superbalist right now. Hot on the heels of its acquisition by South African ecommerce giant Takealot, the curated design shop has announced that it now has more than one-million members prepared to spend their hard-earned cash on it. According to Superbalist co-founder Claude Hanan, a large part of this growth has come from South Africa, with people looking to buy international products, but through a local channel with proven reliability. “Our ...

Startup news

GoMetro announced as finalist in the 2014 Meffys Awards

Gometro GoMetro seems to be on the right track. The transport data startup from Cape Town, South Africa has just announced that it's been short-listed in two categories in the international 2014 Meffys awards. The renowned Meffys international awards competition seeks to reward innovation in the mobile ecosystem. It's said to have attracted over 250 entries across 30 countries across 13 categories, which includes mHealth, Mobile Education and Big Data. GoMetro will be competing in the Social Responsibility & Development category with its ...

Africa, Startup news

Ampion Venture Bus launches crowdfunding campaign on Indiegogo

ampion The fellowship programme behind Ampion Venture Bus has launched a crowdfunding campaign on Indiegogo this week. The initiative is looking to raise US$35 000 before 26 October. The money will be used to take more than 160 participants across the continent, in four buses, in a mission to churn up a group of savvy startups and further promote the evolving African tech scene, both locally and abroad. While there are perks to be gained such as T-shirts and the like, supporters of ...

Africa, Startups

On SA startups going global: 7 case studies you can learn from

globe At the recent South African Innovation Summit, Christine Strutt – a partner at intellectual property law firm Von Seidels – spoke about the importance of startups having an international mindset from day one, and why some of them succeed. Throughout the talk, titled Startup to Grown-up: Local Innovations with a Global Mindset, Strutt used the case studies of seven outstanding startups from the Western Cape, South Africa, which have all managed to scale internationally. The need to highlight these specific companies' stories stemmed from ...

Advertising & Marketing

Electricity payments: a massive opportunity for startups across Africa

Electricity In August 2014, US president Barack Obama announced a renewed commitment to Power Africa, a private sector-led initiative aimed at doubling electricity access in sub-Saharan Africa, where an estimated 600 million people are without reliable access to power. He raised the bar, pledging to add 30 000MW of energy (triple last year’s goal of 10 000MW) and create new connections for at least 60 million households and businesses. He also pledged US$300-million in grant assistance per year to expand Power ...

Startup news

SA startup ApexPeak secures $23-million deal with Karu Exporters

ApexPeak Hailing from South Africa and Singapore, ApexPeak recently secured a massive US$23-million deal, further establishing itself as a force to reckoned with. ApexPeak allows cash-strapped SMEs to sell their invoices in return for money. In a bid to take its services beyond the small business space, the company has included insurance clients, as well as South African citrus fruit grower Karu Exporters. The US$23-million export finance deal will see Karu receive monthly disbursements in various currencies until the end of 2014 ...

Entrepreneurship

Grim start to Dragons’ Den SA: six pitches, one investment

dragons den SA Okay South Africa, Dragons' Den is here. "In the Den, sometimes dreams are made and sometimes hopes are dashed," said show host Xolani Gwala as he introduced the audience to the first episode of SA's version of the popular UK pitching show. The rules of the Den are simple: entrepreneurs have three minutes to pitch and the Dragons interrogate them. They have to get the full amount requested or leave empty handed. Tough crowd, no? We have already met the Dragons ...

Africa, Entrepreneurship

3 key insights SA’s tech ecosystem can take from Israel

Israel Mind-set, connectedness and government support are everything when it comes to building and sustaining a far reaching tech culture set to breed innovations across the globe. If it is a key imperative for tech businesses to replicate their business models and product innovations on an international scale, some key insights and lessons can be learnt from Israel, dubbed ‘the start-up nation’ who has successfully built an intimate tech culture and community with a far reaching global impact. 1. Connectedness Everyone in the tech ...

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