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 startup sector.
A report from the Netherlands-based startup research company VC4A, notes that the South African startup ecosystem is one of the most “robust and developed on the continent”, with strengths that include significant consumer and business markets, sophisticated entrepreneurial talent, and a strong corporate sector.
It also notes that the country has access to local capital and ties to a growing number of international investors, but that more needs to be done for the country to become a global player.
Source: Ventureburn
