Simodisa Launches Digital Masterclasses for Township Entrepreneurs
In 2018 SiMODiSA will launch a series of Kasi Go Digital (KGD) which will provide a platform for local businesses to advance by utilizing technology. The series aims to equip South African entrepreneurs in the township with digital skills. This will be done in the form of one (1) day workshops where speakers will...
The GAP Innovation Competitions are looking for Innovators
The GAP Innovation Competitions are looking for innovators, researchers and entrepreneurs that are working on novel technologies that will improve the efficiency of government service delivery, increase the competitiveness of the local economy and enhance the quality of life of ordinary citizens. Categories are in the ICT, Medical, Biosciences and Green economy. Remember to register...
Active Investors in African Startups and what they’re looking for
The most active investors in African startups were recently revealed in Disrupt Africa’s 2017 African Tech Startups Funding Report. The list is dominated by US-based venture capital (VC) funds with the exception of Algebra Ventures, an Egyptian venture fund; Kalon Ventures, a South Africa-based section 12J venture capital fund and Nigeria’s Ventures Platform. These investors prove that...
Tony Elemu Foundation: 2018 entrepreneurship programme
The Tony Elemu Foundation (TEF) has opened applications to the fourth cohort of its $100-million Entrepreneurship Development Programme. The programme kicks off in May and runs until December. Interested entrepreneurs have until midnight on 1 March to submit their applications. Read more Source: Ventureburn ')}
Gauteng Entrepreneurial Ecosystem Mapping Survey
ANDE SA is working to understand the entrepreneurial ecosystem in Gauteng, South Africa so as to identify gaps and opportunities for the small and growing business sector. Don't miss this chance to appear on the map! All you have to do is complete the survey based on programmes you are currently running or activities in...
The UNICEF Innovation Fund
Unicef is looking to invest in blockchain startups that develop software solutions on open blockchains, including smart contracts, tokens, mining, data analytics and other distributed ledger tech. If you have developed a functional, open-source blockchain prototype or have one that you are willing to make open-source.. You might need to consider this opportunity. Read more Source: Ventureburn ...
Section 12J Venture Capital Tax Incentive – Is It The End?
The National Treasury introduced Section 12J (S12J) investments in 2009. Through S12J of the Income Tax Act 1962, a tax incentive was created which would enable investors who invest in qualifying SMEs to write off 100% of their investments in a particular tax year. The intention of the S12J incentive was always to overcome...
APPLY TO BECOME THE NEXT TONY ELUMELU ENTREPRENEUR
The Tony Elumelu Foundation (TEF) and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH are proud to partner with the European Union (EU), the Organisation of African, Caribbean, and Pacific States (OACPS) and the German Development Cooperation to unlock the dynamic potential of African women entrepreneurs. We are looking for African women entrepreneurs with business...
YPO Leadership Development Network A+ Accelerator is accepting applications
The YPO Leadership Development Network A+ Accelerator is now accepting applications until the 17th of March 2021. The program has now expanding to operate worldwide via collaboration between YPO the premiere leadership network for CEOs worldwide, and local angels. The ultimate goal of the program is to accelerate the growth of the next generation of...
Programme launched for black-owned hospitality businesses
Siqalo Foods, RCL Foods, and BIDFOOD have launched a new programme to support the economic recovery of black-owned businesses in the hospitality sector in South Africa. The support programme titled the Sekela Hospitality programme is a holistic, phased programme that provides support to black-owned businesses in the hospitality sector. This support funding is available to...
Government has ended the Section 12J tax breaks for venture capital
One of the only shocks in South Africa's 2021 national Budget was the unexpected abolishment of the Section 12J tax breaks. Section 12J of the Income Tax Act affords South Africans a tax rebate if their investments are made through an approved venture-capital company. The idea was to encourage investments in small businesses and riskier ventures...
How Africa’s AfCFTA agreement will impact startups and policymakers
From January 1, 2021, Africa is ushering in a new economic era with the implementation of the African Continental Free Trade Area (AfCFTA) Agreement. The agreement was to be implemented in July 2020 but was suspended because of the global pandemic. Several pundits and major organisations have lauded the initiative, but it presents tough questions...