Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes, is returning to Mozambique on the 14th June 2017, with the support of main partner, Standard Bank and local ambassador UX Information Technologies. In addition, the initiative has partnered with the Embassy of the Kingdom of the Netherlands, Shell, and received support from Internet Solutions and Castle Lite.
The startups selected to compete at the Seedstars Maputo 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 and scalable. 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. This year, the initiative will focus on targeting startups from across the country to ensure that those residing outside of Maputo also get a chance to compete.
To provide local entrepreneurs with this opportunity and aiming to deliver the best possible event, UX Information Technologies will represent the initiative for the third time.
The startup that wins this competition is invited to compete at the Seedstars Summit that annually takes place in Switzerland. Mozambique was previously represented by BlackBox TV, that allows users to stream any content they wish using digital broadcast, with no need for an internet connection.
“We are extremely proud of all the startups that competed in the previous edition. BlackBox TV represented Mozambique well during the global summit and was nominated for the most innovative startup. But also runner up IzyShop who managed to gain significant traction. We see clearly that the quality of entrepreneurs improves every year and that the ecosystem is growing due to so many committed partners. In addition, we are really seeing the ecosystem come together and more collaboration between the ecosystem players. We can not wait to come back. ” says Claudia Makadristo, Regional Manager for Africa.
Applications are open now, and startups can apply here: https://seedsta.rs/maputo2017