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10 Of The Best South African Seed Stage Start-ups Compete At The Seedstars Summit

On 30th June, 10 of South Africa’s best seed stage start-ups will compete to represent the country at the Seedstars Summit and win up to USD 1 million in equity investment.

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Seedstars World, the global seed-stage start-up competition for emerging markets and fast-growing start-up ecosystems has brought its pre-selection rounds to an end.

In partnership with Standard Bank, Seedstars World hosted the pre-selections in Cape Town, Durban and Soweto and is inviting the top 3 start-ups from each city to compete at the grand finale, which will be hosted at the Standard Bank Incubator in Rosebank, Johannesburg.

South Africa was previously represented by Giraffe, who was crowned the “Seedstars World Global Winner 2015” for their innovative solution to reduce unemployment in emerging markets.

Related: GrowthHub To Help Entrepreneurs Help Themselves

“The award has given us massive exposure, which is something we really need, and there are a lot of investors and potential partners contacting us in order to collaborate. But this award is not only affecting Giraffe, it’s also putting South Africa on the map.” says Shafin Anwarsha, co-founder of Giraffe.

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The top start-ups to advance to the grand final are:

  • Crew Pencil: An online crew booking and diary service for the film industry that allows diary, bookings and invoicing all in one.
  • Pargo: A convenient logistics solution that lets customers collect and return their parcels at a local store when it suits them best.
  • WumDrop: It allows people to pick up and drop off anything with the click of a button.
  • Guardian Angel Safety Solution: A GPS tracking product that offers an affordable personal safety solution for children, adults, elderly, and even pets.
  • You, Baby and I: An online platform that allows moms to experience brands by matching them to location and interests.
  • Vitls: The start-up building a revolutionary wearable medical device for homes and hospitals, allowing vitals to be monitored continuously and undisturbed from anywhere.
  • Sortd: A communication-centric organiser that transforms email and instant messaging into a set of organised to-do lists.
  • UmoyAir Communications: A provider of free calls from mobile phones to any number without airtime or data.
  • Riovic: A micro-insurer that provides digital and P2P insurance backed by crowdfunding.

In addition, Seedstars World has decided to introduce a wildcard, and will invite 1 additional start-up to compete in Johannesburg.

Seedstars World is closely working with Standard Bank, in order to deliver the best possible event and to provide local entrepreneurs with this opportunity.

“We are proud to be the country sponsor of Seedstars South Africa. This year we were able to take the Seedstars competition to three provinces, Cape Town, Durban and Johannesburg. The Standard Bank Incubator team has adjudicated in all of the regional finals and we are looking forward to presenting the top 10 start-ups to the Finals on the 30th June at the flagship Standard Bank Business Incubator situated in Rosebank. Last year’s SA winner Giraffe Jobs proudly won Seedstars Global in Geneva earlier this year and we are hoping this year SA is able to produce another global contender. This competition highlights the amazing talent we have not just in SA but on the continent and we will continue to grow and nurture entrepreneurs through our incubators.” says Jayshree Naidoo, head at Standard Bank Incubator.

Related: Attention Black Entrepreneurs: Start-Up Funding From Government Grants & Funds

“South Africa has world class entrepreneurial talent, and this was proven last year by Giraffe who won at the global summit in 2015. Our priority for 2016 is to cast the net even wider and give the opportunity to the whole country to participate and become part of a global journey”, says Marcello Schermer, Regional Manager for Africa at Seedstars World.

The startups will pitch in front of a jury that consist of Jayshree Naidoo, Head of Incubator at Standard Bank, Polo Radebe, Chief Executive Officer at IDF, Ravi Naidoo, Executive Director for Economic Development & Tourism at City of Johannesburg, Charmaine Padayachy Principal at Omidyar Network, Fritz Milosevic, Managing Partner at Dotadvisors and Marcello Schermer Regional Manager for Africa at Seedstars World.

In order to provide local entrepreneurs with this opportunity and aiming to deliver the best possible event, Seedstars World is also closely working with Entrepreneur Traction, who is representing the initiative throughout the year as an ambassador.

“We have really enjoyed working with the Seedstars team in sourcing and helping mentor some of South Africa’s best startup talent for the second year running. Speaking on behalf of our ecosystem, we believe that aligning with a global initiative such as Seedstars will definitely help to drive global market access for local start-ups.” says Dean Cannell, Co-Founder of Entrepreneur Traction.

Further support for the finals in Johannesburg is provided by partners Omidyar Network, Payfast, Glocell, Red Bull, Dot Advisors, and Duo Marketing. In addition Seedstars World has partnered with TRECC to bring the “Transforming Education Prize” which will award the best startup in the education space from around the world with a prize of over USD 50,000.

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The Start-up Hatchery And Greater Tygerberg Partnership Launch Innovative Pitch Competition For Bellville Solutions

Entrants are required to submit their ideas in a 30-second WhatsApp video to 082 936 7544 before 24 May 2018.

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The Greater Tygerberg Partnership (GTP) and start-up incubator The Startup Hatchery are launching a pitching competition to surface innovative ideas that, when implemented, could lead to the improvement of Bellville in Cape Town’s northern suburbs. The winning idea will receive a package of business incubation, mentorship, business development support, marketing and branding collateral, legal and intellectual property advice and other prizes, including R5 000 cash.

Launching on 14 May 2018, Innovate Bellville 2.0 is open to new businesses that have been operating for six months or less, who are developing new innovative ideas that could improve public transport, create jobs, create inclusive public spaces, address homelessness, improve health and wellbeing, manage waste, facilitate mobility, attract and retain investment and regenerate the Bellville urban centre.

Related: 3 Actionable Insights To Make Your Investment Pitch Perfect

Innovate Bellville 2.0 forms part of the GTP’s living lab approach to the regeneration of the Bellville CBD, says Warren Hewitt, CEO of the GTP: “We want Bellville to be a test-bed for new ideas that can help us to build a vibrant, prosperous, inclusive city region. Innovate Bellville 2.0 falls directly into that approach. We’re looking forward to seeing the ideas that emerge, and seeing the winning idea implemented in a part of our city that stands on the edge of an exciting future.”

“Innovation starts anywhere,” says Tania Cunningham, Chief Digital and Marketing Officer for The Startup Hatchery, “but we were very excited at the prospect of focusing on finding innovative ideas that could bring about real change to a defined geographical area. Innovate Bellville 2.0 will offer the winning business a solid start in life, with a chance to see their idea become a reality in Bellville.”

Entrants are required to submit their ideas in a 30-second WhatsApp video to 082 936 7544 before 24 May 2018. Twenty semi-finalists will be selected from the WhatsApp pitches, who will each receive training and a pitch deck. From that group, a group of eight finalists will then be selected and invited to pitch their ideas to judges during a pitch event on 7 June.

For more information, contact pitchtank@thestartuphatchery.co.za

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Silulo Business Incubation Is Changing The Future Of Entrepreneurs

Silulo Business Incubation is a unique incubation aimed at empowering and assisting upcoming entrepreneurs.

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Launched in April 2018, the Silulo Business Incubation is a unique incubation aimed at empowering and assisting upcoming entrepreneurs to grow not only their businesses but also their confidence in the business space. The Incubation offers office space, boardrooms, training and conference rooms as well as eighteen shared office space for entrepreneurs in and around Cape Town.

Founder and Director, Mr Luvuyo Rani says: “We have always had a vision for this type of centre – a one-stop-shop where all entrepreneurial needs are catered for but our problem was always funding. With hard-work and dedication, we were able to make our vision a reality, which is exactly what we want to teach and instil for our entrepreneurs.”

The incubation will also offer networking sessions for aspiring entrepreneurs twice a month for two hours. This idea is to offer business insights as well as networking opportunities for entrepreneurs in and around Cape Town. Entrepreneurs will have the option to become members of the SBI Network where they are able to attend networking sessions of their choice. All networking sessions will cover different topics and training manuals will be offered after each session.

Related: Silulo Ulutho Technologies: Luvuyo Rani

Rani continues:

“The main challenge when it comes to this type of business is infrastructure and funding. Silulo is a pioneer and it can go anywhere, there are no boundaries in business. This is a flagship store. We want to replicate this in every province. Silulo’s success lies in partnerships and our business has a passion for empowering.”

Rani, a former teacher, together with his brother Lonwabo Rani started selling computers from the boot of a car more than ten years ago. Silulo Technologies now has 42 branches in three provinces: the Western Cape, Eastern Cape and Kwa-Zulu Natal and 22 franchise stores, some of which are owned by former Silulo employees.

Director and Co-founder, Lonwabo Rani says: “My brother always tells us to think about the bigger picture. It was that bigger picture that kept us going. Back in 2006, what you see today is exactly how it was when we envisioned it.”

About Silulo:

In 2017 Silulo reached a total of 35 000 students trained since inception. It trained 65 students through MIC SETA in both the Eastern and Western Cape.

Related: 10 Young Entrepreneurs Under 30 Share Their Start-Up Secrets

Rani and his two directors remodelled the business in 2017 by offering a walk in cellphone repair service (including the service of leading brands such as Apple, Samsung and Huawei) at one of the Silulo branches in Khayelitsha.

Rani, who was part of the Team South Africa to attend the World Economic Forum in Davos Switzerland in 2018, has received numerous accolades for his social impact business.

He was also awarded a Schwab Foundation Social Entrepreneur of the Year award in 2016 among his many accolades.

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DJ Sbu Opens Academy To Develop Hustlers

DJ Sbu also known as Sbusiso Leope has partnered with the 3Sixty Financial Services Group (360 FSG) to positively impact thousands of young lives and families in South Africa with his own school, a learning academy. Aptly titled The Hustlers Academy.

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DJ Sbu also known as Sbusiso Leope has partnered with the 3Sixty Financial Services Group (360 FSG) to positively impact thousands of young lives and families in South Africa with his own school, a learning academy. Aptly titled The Hustlers Academy. Leope intends to develop the minds and the ability of thousands of young hustlers in the country and change lives.

The Hustlers Academy is an independent privately funded economic empowerment project spearheaded by Leope to address the overwhelming lack of jobs and incumbent graduates into the system on an annual basis. The 360 FSG is a well-established financial services company with a disruptive strategy that offers clients more benefits for their rand. The partnership represents a meeting of the minds and the hearts for the development of opportunities for young South Africans.

“We will train and educate young hustlers to either be entrepreneurs or corporate hustlers. Our training programme and academy curriculum will produce the best sales force this country has seen and develop the minds of Hustlers to understand how the world works and how to stand out. In partnership with 360 FSG we will develop entrepreneurs who start businesses and employ teams of hustlers within an 18-month period. ‘The Hustlers Academy’ will take in Hustlers for training nationally in multiple provinces providing a practical and theoretical intervention in the lives of those who are skilled and restless.” Said Leope.

Group CEO and Chairman of 360 FSG, Mr. Khandani Msibi is confident that ‘The Hustlers Academy’ will play a game-changing role in developing and changing the way corporates are structured in providing a ceiling for employees as far as earnings are concerned.

Related: 3 Start-up Funding Tips To Help Launch Your Company

“Our approach to empowerment is based on sustainability for the Hustlers who make it through the academy. We will develop people mentally as well as financially and make a serious change in their socio economic position. DJ Sbu has the potential to influence a generation and he shows this on a daily basis with his determination to succeed. We are matching his determination and passion for economic empowerment with our backing of the ‘The Hustlers Academy’project. We look forward to changing thousands of lives with a long term impact.” Said Mr. Msibi

‘The Hustlers Academy’ is active and running a pilot group of Hustlers through its programme in Johannesburg. The academy welcomes registrations on its webapp www.hustlersacademy.co.za. Starting from 1st June 2018 The Hustlers Academy will be taking in 50 – 100 hustlers per month.

Leope goes on to say. “In 2013 we started an educational company called Leadership 2020 which was designed to develop Africa’s richest asset – its people. I’m excited that we are able to realise our vision before the year 2020 with the launch of this initiative. ‘The Hustlers Academy’ will grow to add multiple courses, mentorship, and accreditations and even lead people to formal education if they so wish. This academy will make a tangible socio – economic difference in young South African lives. ‘The Hustlers Academy’ has no registration fees and requires no learning fees. It requires you, your time, your commitment and there’s #NOVILAPHING  – Lazy people will not make it.”

Registrations are online at: www.hustlersacademy.co.za

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