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Seed Engine, the early stage venture accelerator, recently announced the first six startups that will receive R100 000 startup capital as part of its acceleration programme. The funding goes toward helping the startups convert their ideas into practical business plans. In May, the startups hope to raise between R200 000 and R2-million in additional funding at a showcase event with investor attendance.
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So, what has the inaugural Seed Engine experience been like? We’ve been given four videos of Seed Engine finalists talking about their ventures, and their journey as part of an accelerator. The consensus appears to be that the experience has been gruelling, but rewarding.
Applications are open for the second Seed Engine Business Accelerator which is again offering R100 000 each for up to ten tech business ideas as well as a 13 week boot camp. The programme offers coaching, mentoring, workspace and access to investors on demo day where further funding is likely.
Bryan Vlok
After-Class.co.za is a social education network offering peer-to-peer support for students and teachers across school borders, allowing users to share relevant curriculum based content and updates with their communities.
Mark Karimov (CEO), Donovan Solms
Cirqls.com brings trust into the online shopping experience by connecting buyers and sellers via their social circles, creating a new channel of e-commerce.
Shana Kay
IntelliCred.com is an online brand protection and authentication business, enabling businesses to protect their brands, control their members and affiliates and increase their revenues through secure and trackable channels and trust seals.
Ismail Dhorat, Alireza Sadeghi
ChowHub is an online restaurant discovery and order platform built to satisfy its customers. The team have developed a user-friendly system that will ultimately be the destination food platform for all restaurants and customers.