With an ambitious investment fund of $ 100 million, a brand new accelerator, a web series in preparation and the Seedstars World competition in full swing, Seedstars continues to take entrepreneurship further on the continent, with the highlight the Seedstars Summit Africa. For three days, key players in African entrepreneurship will come together to encourage sustainable change and innovation in the region.
Johannesburg, South Africa, August 1, 2019 – For immediate release – Seedstars, investor, community, and global platform of entrepreneurs and startups from emerging and high-growth markets, officially announces its 5th Afric at Regional Summit, in partnership with HYBR. The event will take place in Johannesburg, South Africa from December 3 to 5, 2019.
Wanting to facilitate the best business and investment opportunities in the region, the Seedstars Summit Africa will bring together its large network of startups, investors, mentors, ambassadors, partners and more than 300 key players in the heart of the continent.
Spread over three days, the Seedstars Summit Africa will start with bootcamps, where startups will receive a mixture of theoretical and practical content on the various growth models and acquisition channels, with the support of the investment team. from Seedstars. The following day, during the Investor Forum, the one-minute pitches of startups from the Seedstars World competition will be followed by individual meetings between investors, mentors and entrepreneurs.
On December 5, the main day of the conference will be organized around networking sessions, as well as thematic workshops in the morning. In the afternoon, the pitches of the finalist startups, interventions of experienced entrepreneurs and Alumni Seedstars, as well as the awards ceremonies will occupy the main stage. To close the ceremony, a cocktail gathering all the participants will allow them to forge links and celebrate entrepreneurship on the continent.
Building a solid ecosystem linking technology and innovation in Africa is a priority for Seedstars. This year, the group launched multiple initiatives to provide structural support to the entrepreneurial environment. Seedstars has partnered with First Growth Ventures to launch Seedstars Africa Ventures, a fund for sub-Saharan Africa with a target size of $ 100 million, which will allow minority early-stage investments ranging from $ 250,000 to 5 million USD in the most promising and innovative companies, across different sectors and countries. In parallel, the Investment Readiness Program (IRP), a hybrid program, is reviewing the basics of the classic accelerator model by creating a unique and personalized mix to improve the performance of startups and prepare them to raise funds. The next promotion will start on September 2 and registrations can already be made via irp.seedstars.com.
“We are delighted to host the Seedstars Africa Summit in South Africa this year. The event aims to tackle unconventional and relevant subjects on entrepreneurship, by putting the entrepreneur at the heart of the discourse. We also believe that after supporting entrepreneurs for more than 5 years on the continent and globally in emerging markets, it was time to settle down in one of the most vibrant startup nations on the continent. ”Notes Claudia Makadristo, Regional Manager at Seedstars.
To be able to generate these opportunities for the African ecosystem and organize the best possible event, the Seedstars Summit Africa 2019 is supported by Hybr, with the help of the Embassy of Switzerland in South Africa, the Innovation and Technology Agency South African as well as DOEN.
“South Africa is the leading ecosystem on the continent in terms of innovation and technology. By hosting the Seedstars Summit Africa here, we hope to catalyze the entrepreneurial spirit of our youth by inviting the most innovative companies from Africa to join us, ”said Vuyisa Qabak, Partner at Hybr Group.
Leading up to the grand regional final, the 7th African edition of the Seedstars World Tour, the biggest competition for startups in the seed phase of emerging markets, will pass through Accra on August 8 and in Zanzibar on August 15. For 6 months, hundreds of seed-stage startups of more than 25
countries have the opportunity to participate in local bootcamps leading to a pitch competition, to represent their country at the regional final which will take place during the Seedstars Summit Africa in December 2019. The most promising companies will then be selected to participate in the Seedstars Summit 2020, in Lausanne, Switzerland, and compete for the title of Seedstars Global Winner. Participating teams will be able to pitch their business on the main stage, with 60 other startups around the world