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All posts tagged "Startups"

  • Three SA startups a step closer to international accelerator

    Three local startups have been shortlisted for participation in an international acceleration programme. The three SA startups are competing to be one of ten startups to join international accelerator Startupbootcamp InsurTech next year. "Aerobotics, Emerge Analytics and NuvaLaw are up against 20 other startups for the opportunity to collaborate with 400+ mentors, partners, and investors over a three month period to build world class products, with the ultimate goal of becoming industry leading companies," read an excerpt of a statement emailed to Ventureburn. Startupbootcamp InsurTech received 633 global applications from early stage startups, calling for companies with solutions for the insurance industry. Startupbootcamp InsurTech...

  • French Tech launches first of its kind incubator in Cape Town

    International startup ecosystem hub French Tech, has launched its first incubator in SA. Located in Century City, Cape Town, the incubator is also the first of its kind in the French Tech system. "This building really is the first physical incubator in the worldwide French Tech network," says lead ambassador of French Tech CPT Hub, Christophe Viarnaud. When asked about why the incubator launched in SA as opposed to other African countries, Viarnaud told Ventureburn this was due to the financial and legal system being easier to navigate, as well as English being the primary language. It is one of 22 French Tech...

  • FbStart: Facebook’s startup drive gathers local steam

    Facebook has made a concerted effort to court mobile-based startups with its FbStart initiative. The programme offers qualifying app developers year-round support, access to a global community of startups and a suite of tools to the value of up to US$80 000. These tools include MailChimp, Dropbox, and Stripe. FbStart is divided into two categories, namely Bootstrap and Accelerate. The former category is for apps that have just launched, while the latter is for "thriving" apps that need to grow even more. The initiative made its way to the African continent a while back, so what has the progress been like? How are...

  • 20 startups to pitch at fourth Angel Fair Africa

    From 10 to 11 November, 20 startups from nine African countries will pitch at Angel Fair Africa. The event will take place at the Intercontinental Hotel in Nairobi, Kenya. The pitching event is spread across two days. Day one will feature pre-revenue startups, while day two will consist of startups in later rounds of capital funding. The pitches will include Rita Kimani of Farm Drive; Tito Munhequete of Izy Shop; Ugwem Eneyo of Solstice; Josephat Mandara of TIME Tickets and Joanna Bichsel of Kasha. "Africa shows promise to be the economic growth jewel of the next 20 years. As people become more mobile and connected, leaders...

  • Futureneers: the VC aiming to invest in, nurture startups

    South African startups will be receiving a new VC company in the form of Futureneers. The VC aims to change the way companies are invested in by also giving them guidance. According to a press release sent to Ventureburn, the VC "personally nurtures them through each phase of their business growth cycle, with the aim of scaling them in readiness for entry to international markets". It aims to fill a gap in the market where angel investors exit the invested startup and the startup in question requires additional capital and experience. "...South African investors often lack the time, knowledge and resources to screen,...

  • Thomson Reuters Lab launches at Bandwidth Barn in Cape Town

    Mass media firm Thomson Reuters has Friday announced the launch of its Thomson Reuters Labs at the Bandwidth Barn in Woodstock, Cape Town. The company notes that the Labs will "engage with the region’s vibrant innovation ecosystem and dynamic startup community to fuel growth and empower success for Thomson Reuters customers worldwide". According to the press release, the Lab will have two primary functions, namely innovation and partnership. "Thomson Reuters Labs is an engine of innovation for our company, leveraging creative partnerships to deliver real solutions for our customers," explains the company's VP for Thomson Reuters Labs, Mona Vernon. "Through our growing Labs...

  • Absa teams up with fintech startup walletdoc

    Absa has partnered with fintech startup walletdoc to make bill payments a more convenient process. Walletdoc, founded by Dan Wagner and Leonard Shenker, is an app billed as a "smart, secure and free way" to pay bills on the go. Notable features include notifications for bill arrivals/payment dates, the ability to remember account/reference numbers for payments and electronic bill storage. To get started, users create an account on the service and ask billers to direct all bills to the associated walletdoc email address. The app will then give you relevant notifications/reminders and allow for seamless payments (including the ability to pay for...

  • Budding entrepreneur? eLearnAfrica might be for you

    Starting your own business with zero experience or knowledge can be difficult. Fortunately, online education platform eLearnAfrica has announced its new marketplace for online education, which includes several SME-related courses. The SME courses offered through eLearnAfrica, range from customer service skills from itSM Mentor or a course on starting your business through the University of Leeds. Students across Africa can enrol in these online courses to obtain degrees as well as professional certifications in their pursuit of more SME knowledge. eLearnAfrica aren't doing it by themselves, however, together with edX and FutureLearn, are providing a wide range of other courses to a predominantly African audience. The non-profit...

  • Gartner: 2016’s ‘Aspiring Innovators’ startups revealed

    Last year saw the Gartner Symposium host the first talk for the Aspiring Innovators programme, highlighting some noteworthy African startups in the industry. The class of 2015 was comprised of Nandie, Wyzetalk, Entelect, Build, Clevva and Mapzania. So who made the cut this year? First of all, Gartner analyst Jeffrey Mann, who spearheads the programme, expanded on the criteria for selection. Who makes the cut? Mann explained that it was a "subjective selection" and that the startups were also picked for their relevance to the Gartner Symposium audience. "It is really aimed at providing... access to some vendors that we normally wouldn't be talking about,...

  • CT conference to connect African startups to the world

    Major business and tech incubator AfricaCom, in collaboration with Ericsson, are set to kick off their AHUB conference in November at the Cape Town International Convention Centre. The conference, in partnership with leading accelerators and innovation hubs, aims to connect entrepreneurs/startups to successful channels of investment. At the conference, entrepreneurs are encouraged to share their ideas as well as collaborate and connect with attending angel investors and VCs.  Attendees will be given presentations on many topics such as how initiatives are creating opportunities for entrepreneurs, and many others. The AfricaCom and Ericsson conference is set to deliver plenty of sessions and opportunities for startups The conference...