On the 21st of September, 12 of the Democratic Republic of Congo’s best seed-stage startups will compete to represent the country at the Seedstars Summit and win up to USD 1 million in equity investments and other prizes.
The companies selected to pitch at the Seedstars Kinshasa event need to be less than 2 years old, have raised less than USD 500,000 in funding and built a minimum viable product, ideally with existing traction. The Seedstars team is searching for one additional criterion: the startup’s regional and global scalability.
With a strong network of international partners, such as Merck, SPECo, Enel or Continental (amongst others) the competition organizers are looking for smart startups that tackle regional issues and develop profitable and sustainable products for the global market.
The applications are open until the 7th of September and startups are invited to apply at https://seedsta.rs/kinshasa . After a careful screening, the Seedstars team will shortlist 12 of the best seed-stage startups in Kinshasa to pitch for the opportunity to compete at the Seedstars Summit, that annually takes place in Switzerland.
“Seedstars World is a platform that connects investors and stakeholders with the next generation of entrepreneurs. Since this will be our second time organizing the event in Kinshasa, the stakes are high and we are very excited. We’ve been in this ecosystem for more than two years now and know there are companies in Democratic Republic of Congo developing high-quality products. We are looking for the best and will take it with us to Switzerland in 2019!”, says Claudia Makadristo, Regional Manager for Africa at Seedstars.
In order to provide local entrepreneurs with this opportunity and aiming to deliver the best possible event, Seedstars is closely working with Ingenious City, who is representing the initiative throughout the year.
The 12 startups selected will give a five minute pitch in English, in front of a jury made up of local startup heavyweights. Members of the public and press are welcome to come join the fun and should register on the above Seedstars Kinshasa website as well!