Seedstars World has invited ten early stage startups to pitch at its TANZANIA Summit set to be held on September 24, 2016 in a move to place the spotlight on entrepreneurs from emerging markets.
Tanzania is part of the 65 countries Seedstars World is travelling to this year to identify the best seed-stage entrepreneurs and provide them with an opportunity to win up to USD 1 million and network with investors and mentors from around the world. Its previous participants have raised over USD 61M collectively, providing employment to more than 800 employees worldwide.
The companies selected to pitch at the Seedstars Dar Es Salaam event need to be less than 2 years old, have raised less than USD 500,000 in funding and have built a minimum viable product, ideally with existing traction. The Seedstars World team is searching for one additional criterion – the startup’s regional and global scalability. With a strong network of international partners such as Inmarsat, INADEM, Standard Bank and Deloitte, Seedstars World is looking for smart startups that solve regional issues and develop profitable products for the global market, to support their regional businesses and growth.
“The startup ecosystem in Tanzania has been growing exponentially and so does the quality of the startups themselves. We are looking forward to see what awaits us in this exciting place and cannot wait for our event on the 24th” explains Selam Kebede, Associate at Seedstars World.
TANZANIA was previously represented by Juabar. Ministry of Works, Transport and Communications through TANZICT and ICT Commission, is the main partner for Seedstars World Dar Es Salaam in 2016. Seedstars World is closely working with Buni Hub who is representing the initiative throughout the year.
