Industry News

Does Venture Capital really close the unemployment gap?

It is widely known that startups and scale-ups create the vast majority of jobs in the formal economy, providing, on average, 66% of jobs worldwide and the greatest share of jobs in low-income countries like South Africa. Giving thanks to early stage business’ outstanding capacity to increase productivity through innovation, these SME enterprises are...

Season 4 of the French South African Tech Labs

Cape Town-based incubator and accelerator French South African Tech Labs (FSAT Labs) has opened calls for applications to its third class of entrepreneurs, with applications set to close on November 8th 2018. The programme aims to help the selected entrepreneurs turn their ideas into minimum viable products and ultimately sustainable businesses. FSAT Labs particularly focuses...

AFD Digital Challenge: Innovation for Women in Africa

The competition promotes entrepreneurial initiatives managed by women and/or men, tackling the challenges of women’s inclusion and gender inequalities – whether social, economic, cultural or political – and leveraging digital innovation for their development. ELIGIBILITY CRITERIA Any innovative Entrepreneurial Initiative demonstrating the existence of a legal form and having a proven activity on the African continent ...

RMI launches EXPLORE 10X to find SA’s top 20 future fintech entrepreneurs

The Explore Data Science Academy (EDSA) and Rand Merchant Investments (RMI) fintech division, AlphaCode, have announced a 12-month data science and business skills programme for 20 aspirant South African future fintech entrepreneurs. Successful candidates will go through an intensive six-month data science-training programme, where they will learn how to design a 10X business along with the core digital skills...

H&M Foundation Global Change Award

The Global Change Award is one of the world’s leading challenges for early-stage innovation, and the largest initiative of its kind in the fashion industry. It was initiated to accelerate the shift from a linear to a circular fashion industry, to protect the planet and our living conditions. The non-profit H&M Foundation initiated the Global...

The MEST training program

The Meltwater Entrepreneurial School of Technology (MEST) is once again looking for the next cohort of Entrepreneurs-in-Training (EITs) to join our fully-sponsored 1-year MEST training program in 2019! MEST offers a graduate-level entrepreneurial training in business, communication and software development, including extensive hands-on project work, as well as mentorship from successful entrepreneurs, CEOs and other executives from...

SA’s startup ecosystem offers a positive vision of country’s future

South Africa’s startup ecosystem is robust and growing, but our entrepreneurs and investors need to develop a truly global mindset to take advantage of a globalising world. Two recent startup studies on the country’s entrepreneurial and investment sector, released just this month, backs up the hype with research and hard figures, pointing to a booming...

MAN Impact Accelerator opens applications for second cohort

MAN Truck and Bus has opened applications for the second cohort of its MAN Impact Accelerator and is calling on South African mobility, transport and logistics startups with a tangible social impact to submit entries. To be considered for the programme applicants must be involved in running early-stage social businesses that have a strong purpose and create...

Launchlab launches second season of 2018 LaunchLab Ideas Programme

South African early-stage startups looking to validate their concepts or improve their technology offering are in luck. Stellenbosch University business incubator Launchlab today launched the second season of the 2018 LaunchLab Ideas Programme. The programme will be run together with partners Nedbank, Mercedes-Benz SA, WineTech and Santam and entries are set to close on 28 September. In all, the second season of...

AWIEF opens applications for women’s Growth Accelerator Programme

The Africa Women Innovation and Entrepreneurship Forum (Awief) is looking for 25 innovative early stage South African women entrepreneurs to take part in its Growth Accelerator Programme. Applications for the Nedbank sponsored programme, which will cater for a variety of sectors , will close at the end of this month (31 August). Training starts on 17 September and will...