The Department of Science and Innovation (DSI) has announced that it will help fund the development of an affordable, alternative internet solution for low-income…
Get in the Ring: The Investment Battle is startup pitches meets boxing. Except for the fact that there’s no actual boxing involved. There is a ring, though, in which participants must battle it out to stand a chance of securing up to €1 000 000 (R15 000 000) in investments.
Now, that’s a lot of money, so competition will be tough with 2 000 participating startups hailing from 50 countries.
This year, Get in the Ring (GITR) by Erasmus University Rotterdam will take place in South Africa for the very first time with the national final hosted by Silicon Cape in partnership with North-West University bhive EDC.
Through 50 National Finals and eight Regional Finals, eight startups will be selected for the International Final which will take place on the 21st of November in Rotterdam, the Netherlands.
The competition has also been selected by the Kauffman Foundation as one of the ten featured events of Global Entrepreneurship Week.
The criteria for this once-in-a-lifetime event notes applying startups should be no older than 5 years, the pitcher should be proficient in English, the startup should be seeking an investment of up to €1 000 000, and have a scalable business idea.
Though the exact national and regional dates are TBA, be sure to apply here if you’re interested and have met the application criteria mentioned above.