The first-ever Cape Town Accelerator saw 32 corporate agreements including pilots and proof-of-concepts, signed during the accelerator.
According to Philip Kiracofe, co-founder and CEO of the SBC Cape Town programme, “To sign 32 agreements is above average for any Startupbootcamp programme in the network. However, when compared to other first-time programmes, SBC Cape Town is the top performing programme. Even in very mature markets such as the US and Europe it generally takes 3 years for a programme to find its stride. We surpassed expectations in our very first year and this is unprecedented across the global Startupbootcamp footprint.”
This year’s Startupbootcamp Cape Town has kicked off by hosting a FastTrack world tour that will include 19 FastTracks across the world in search of the next generation of Africa-focused startup talent.
The FastTracks will be held in various cities across the globe between February and May 2018. The first FastTrack event will be held at the RCS Head Office in Cape Town on 19 February.
Startupbootcamp FastTracks are informal events hosted all over the world and the aim is for the SBC team, mentors and sponsors to have the opportunity to meet the most suitable early-stage companies interested in joining the 2018 programme.
For each FastTrack, the top 10 startups that apply will receive instant feedback from a panel of industry mentors, they will be able to network with the SBC investment team and can also find out more about the programme itself.
Attending a SBC FastTrack can offer startups valuable feedback from mentors and subject experts, startups will be able to engage with the Startupbootcamp global community and will also be able to meet with industry executives and exposed to worldwide opportunities. Attending a FastTrack will also give a startup the significant advantage of being added to the SBC Cape Town watch list, which gives you a 20% higher chance of being selected for the final programme.
“We want every startup to know that even if you don’t make it into the final Accelerator, our FastTrack events can provide incredible guidance and mentorship and can fundamentally shift a growing business,” advises Zachariah George, co-founder and Chief Investment Officer of Startupbootcamp Cape Town.
Any startup operating in the FinTech, CyberSecurity, InsurTech, eCommerce, RetailTech and related industries is encouraged to join in the FastTracks.
SBC Cape Town is specifically looking for startups in the following areas:
- Blockchain and Distributed Ledger
- Payment Solutions
- Big Data and Analytics
- Data and Behavioural Analytics
- Insurance and Cyber Insurance
- Financial Inclusion
- Commerce and eCommerce
- Identity and Authentication
- Personal Financial Management
- P2P Lending
- Cross-border Transactions
The final deadline for innovators and entrepreneurs to apply online for the final accelerator is 24 May 2018 and then 10 most promising teams will be selected for EUR 15,000, 100+ highly engaged industry mentors, free office space, access to more funding and a network of industry partners, investors and venture capital firms.
The 3-month bootcamp kicks off in September 2018 in Cape Town, South Africa, and will be led by seasoned innovation experts, Zachariah George, Philip Kiracofe, and Paul Nel.
Core sponsors for this Africa-based programme include big backers RCS, PwC, BNP Paribas Personal Finance, Nedbank, Woolworths Financial Services and Old Mutual.
Visit the Startupbootcamp Cape Town FastTrack page here: http://bit.ly/SBCFastTracks
For more information visit: www.startupbootcamp.org