Less than two weeks after announcing Philippine’s Acudeen Technologies as the global winner for its 2016 competitions, Seedstars World has put out a call for applications to startups operating in over 23 cities in Sub-Saharan Africa, adding Cameroon, Sudan, Zambia, Mauritius, Madagascar and Democratic Republic of Congo (DRC) to its 2017 list.
Claudia Makadristo, Regional Manager for Africa at Seedstars World says applications for startups in Africa are open from Monday, April 25th.
“We have been absolutely humbled by the talent we witnessed being showcased on the continent. Our tremendous growth has been fueled by our amazing local Seedstars Ambassadors, our partners and many others who truly see the value in collaborating with these startups,” Makadristo said in a statement.
Makadristo said that this year Seedstars World will not only to support the winner of each local event, but aims to support more entrepreneurs in the ecosystem financially, through skills development and strategic relationships. The call is open to startups which are less than 2 years old, have raised less than USD 500,000 in funding and have a minimum viable product with traction and ability to scale regionally and globally.
The winner from each country will represent their country at the Regional Summit in Africa and is invited to the final at the Seedstars Global Summit in Switzerland to compete for up to $500,000 in equity investment and additional multiple prizes and perks. Local winners will also have a chance to be part of the “seedstars growth program” , a structured 3-month global acceleration program starting in December.
Since it’s launch , African startups have had significant successes with 2 of its entrepreneurs winning the global prize in the past: SimplePay (Nigeria: 2013) and Giraffe (South Africa: 2015). In last years’ edition Africa reached a new record when two women entrepreneurs made it to the top 12 at the Global Summit: Kasha (Rwanda), Jamii (Africa). With hopes of repeating this success for African startups in the upcoming summit, Seedstars World is kicking off this year’s tour on the 26th of May in Johannesburg, South Africa.
Seedstars World will accept applications from startups in South Africa, Mozambique , Democratic Republic of Congo , Tanzania, Kenya, Uganda, Ethiopia, Nigeria, Ghana, Ivory Coast, Mali, Senegal, Cameroon, Rwanda, Angola, Zambia, Mauritius, Madagascar, Botswana and Zimbabwe amongst others through www.seedstarsworld.com.