Opportunities

11 August 2017

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DEMO Africa opens up entries to local digital startups

Africa’s largest startup competition, DEMO Africa, is coming back to Joburg this year and has invited digital startups to submit their entries in time for the event in November.

DEMO Africa is a platform that gives technology entrepreneurs an opportunity to meet with over 600 potential investors and technology buyers. The selected thirty startups are also each provided mentorship and tools worth more than R3.3-million.

DEMO Africa has launched more than 180 startups in the last five years who have raised more than R700-million in investment and business deals. Some of the notable startups to launch at DEMO Africa include GoMetro, GMaven, Eduze, SpacePointe, Zuvaa, Shop Soko, Lipisha, Eneza Education, Eventus, Traffic Bytes and Vivifi.

The DEMO Africa programme includes an eight-week mentorship programme and access to tools and services from Amazon Web Services and Microsoft.

This year, the DEMO Africa team toured 14 cities in Africa to identify startups that fit the DEMO Africa selection criteria.

To pitch at DEMO Africa, each startup must:

    Have a working product

   Have an innovative solution to a difficult problem

   Have a team to execute the solution

   Have potential to scale and

   Be investor-ready

Entry categories include health, education, agriculture, commerce, hospitality, manufacturing, entertainment, energy and logistics. Selection and announcement of the final startups to launch at DEMO Africa will be made by mid-September. You can apply on the Venture Africa website.

DEMO Africa 2017 will take place from 23rd – 24th November 2017 at the Birchwood Hotel and Convention Centre.

Source: htxt