SAB Foundation’s Tholoana now open for applications
WEBAug 2, 2023 · Entrepreneurs across South Africa are being invited to take part in the prestigious SAB Foundation’s Tholoana enterprise programme, an 18-month initiative aimed at empowering entrepreneurs to grow sustainable and successful businesses. Applications close on 5 September 2023.
Six ocean-minded startups in SA - Ventureburn
WEBJul 3, 2020 · Six ocean-minded startups in SA. Ocean Voyages Institute’s marine plastic recovery vessel broke a world record on 2 July of the most waste collected out of our oceans, measuring at 103 tons in fishing nets and consumer plastics. Over 48 days, the vessel travelled through the North Pacific Subtropical Convergence Zone, commonly known as …
Sun Exchange secures $3m investment, closes $4m round
WEBJun 9, 2020 · The startup, which was founded by Abe Cambridge (pictured above) in 2015, enables almost anyone, anywhere in the world, to buy remotely-located solar cells that power schools, businesses and other organisations in South Africa and other sunny emerging markets.The latest investment marks the close of Sun Exchange’s $4m Series-A funding round. The Sun Exchange said it will use the funds to ...
Telkom FutureMakers now recruiting for township incubator
WEBJul 26, 2022 · The Telkom FutureMakers enterprise and supplier development initiative seeks to invest and develop township-based, black-owned SMMEs in the ICT sector. With the current cohort graduating this July, the second intake of ICT entrepreneurs across South Africa are now being recruited. “Congratulations to the first cohort who’ve completed our ...
Stellenbosch tech startup Quench receives funding - Ventureburn
WEBMar 10, 2021 · Quench receives undisclosed investment funding. Anton Baumann, Executive Director at Empowerment Capital and Imvelo Ventures, provides insight into why the VC has decided to back this SA-born startup. “We believe that Quench offers our corporate partners an attractive investment opportunity which also drives inclusive growth in …
Naspers invests $2.5m. in fresh produce start-up Nile
WEBMay 18, 2022 · Naspers, through its early-stage tech investment vehicle Naspers Foundry, announced $2.5 million investment in Nile, an agritech company that connects farmers to buyers of fresh produce. The investment is part of a $5 million equity round led by Naspers Foundry, alongside new investors, Platform Investment …
Five South African crowdfunding platforms - Ventureburn
WEBSep 30, 2020 · Founded in 2014 Thundafund has grown to be one of Africa’s leading crowdfunding platforms. The platform was created “by Africans for Africans” and allows entrepreneurs to raise the capital needed for their business. The co-founder of Thundafund, Patrick Schofield, described crowdfunding as the …
New SA startup launches affordable solar energy for locals
WEBFeb 2, 2021 · The future of Wetility. Founded in 2019 by Vincent Maposa and Sandeep Valodia, Wetility officially went to market in 2021. Wetility plans to install 1000 solar installations in Gauteng this year and grow on this figure into 2022 providing a service for both the residential and commercial sectors. Featured image: Wetility (Supplied)
Applications open for new SaaS-focused accelerator in Africa
WEBNov 8, 2021 · Selected startups will be invited to participate in a rigorous, online accelerator that includes up to €65,000 for a maximum of 12% equity. The program, the first-ever pan-African, SaaS-focused accelerator plans to kick off in February 2022. The accelerator aims to empower digital B2B SaaS startups. The programme will take place over five ...
The future of Section 12J and the Sunset Clause - Ventureburn
WEBFeb 15, 2021 · The Sunset clause is 30 June 2021 as stipulated in the Income Tax Act. 12J Association of South Africa is lobbying aggressively for extension. We will know the outcome in February 2021 – Minister of Finance Budget Speech. If not extended there will be only two more opportunities to invest in a sec …