Seedstars World, a startup competition for emerging markets, is back in Africa to scout for the top high growth startups and entrepreneurs and accelerate them on their path to global scaling.
Local winners will be invited to represent their country at the Regional Summit in Africa and win an all-inclusive trip to Switzerland, to introduce their startup to some of world’s most prominent investors and executives and enjoy the opportunity to win up to $1mn in equity investments and additional prizes.
Claudia Makadristo says, “For this year we have a more country-focused strategy going on, built upon the large network of local ecosystem builders that we have managed to relate to through the past years, and we are looking into different initiatives to complement the great work they have done so far.”
This year, Seedstars Africa will tour Mauritius and Zambia for the first time. Seedstars World is kicking off this year’s tour on the 29th of June in Harare, Zimbabwe. Local winners will also have a chance to be part of the Seedstars acceleration program (Seedstars Growth).
The companies selected to pitch at the Seedstars local events 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 regional partners such as Merck, SPECo, Enel or Continental, Seedstars World is looking for smart startups that are addressing underlying social challenges in their home countries and developing profitable products for the global market, to support their regional businesses and growth.
Applications are open here for startups in South Africa, Mozambique , Democratic Republic of Congo , Tanzania, Kenya, Uganda, Ethiopia, Nigeria, Ghana, Ivory Coast, Mali, Senegal, Cameroon, Rwanda, Angola, Zambia, Mauritius, Botswana and Zimbabwe, amongst others.