Mobile Entrepreneurs From Africa To Raise $10,000 Seed Funding & Go Global Via VentureOut Challenge

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VENTUREOUTThe World Bank’s infoDev and CRDF Global, an independent, not-for-profit organization dedicated to international scientific and technical collaboration and training have announced VentureOut, a new initiative to propel expansion-ready mobile entrepreneurs into enticing international markets.

VentureOut will run from August to November 2013 and aims to give hundreds of entrepreneurs through hands-on training, virtual learning opportunities, mentorship, international exposure, and seed funding.

The entrepreneurs will come from Armenia, Kenya, Macedonia, Nigeria, Senegal, and South Africa.

The program applications opened August 14 and will run to September 2, 2013.

VentureOut will identify advanced entrepreneurs and the top 9 entrepreneurs from the competition will meet in Moldova this October 30-31, 2013 for the Dragon’s Den, a pitching exposition to compete for $10,000 in seed funding. VentureOut has alo partnered with TechCrunch, for one selected VentureOut entrepreneur to attend TechCrunch’s Disrupt Europe event in Berlin this October 26-29.

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Sam Wakoba
Based in Nairobi, Kenya, Sam is a pan-African technology journalist, author, entrepreneur, technology business mentor, judge, educationalist, and a sought-after speaker and panelist across Africa’s innovation ecosystem. He is the convenor of the popular monthly #TechNight evening event and the #StartupEast Awards and Conference, platforms that bring together startup founders, developers, entrepreneurs, investors, content creators, and tech professionals from across the continent. For more than 16 years, Sam has reported on and analysed Africa’s technology landscape, covering some of the continent’s most impactful, and at times controversial policies, programs, investors, co-founders, startups, and corporations. His work is known for its independence, depth, and fairness, with a singular goal of helping build and strengthen Africa’s nascent technology ecosystem. Beyond journalism, Sam is a business analyst and consultant, working with brands, universities, corporates, SMEs, and startups across East Africa, as well as international companies entering the East African market or scaling across Africa. In his free time, he volunteers as a consulting editor and fintech analyst at Business Tech Kenya, a business, technology, and data firm that publishes reports, reviews, and insights on business and technology trends in Kenya. Follow him on X: @SamWakoba