On the 6th of September, 2019 up to ten of Angola’s best seed-stage startups will compete to represent the country at the Seedstars Summit and win up to USD 500,000 in equity investments and other prizes.
Seedstars Global Winner at Seedstars Summit 2019
Seedstars World, the largest startup competition for emerging markets and fast-growing startup scenes is coming back to Angola for the 5th time. Seedstars will be holding a dynamic pitching event on the 6th of September.
The companies invited to the training session and to privately pitch at the Seedstars Luanda event need to be less than two years old, have raised less than USD 500k 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.
The applications are open until the 27th of August and startups are invited to apply at https://seedsta.rs/ssw19-luanda. After careful screening, the Seedstars team will shortlist up to ten of the best seed-stage startups in Angola to pitch on the 6th of September for the opportunity to compete at the Seedstars Summit, that annually takes place in Switzerland. In addition, the top startups will enter the Seedstars Investment Readiness Program, a 1 – 3 month program connecting local startups to global expertise in order to help entrepreneurs get closer to becoming investment ready.
Seedstars has partnered with Banco Atlantico, Unitel, the US Embassy, ONTIME, and local ambassador KiandaHub.
“Atlantico believes technology will transform the way we live forever. We also believe that there is a new generation of leaders doing this transformation. We are part of this transformation process.” explains Augusto Ramiro Baptista, Board Member at Banco Millennium Atlântico.
“Unitel as a driver of the ecosystem of innovation and technology sees Seedstars as a fundamental player in the development and strengthening of the Angolan entrepreneurial ecosystem. For us this event is a platform for dissemination of national content and incubation as a way to refine them,” explains Eunice de Carvalho, Chief of Corporate Affairs at Unitel.
“For KiandaHub, it is a great pleasure to be the local ambassador of SeedStars World in Luanda for the 5th time, mainly for the exposure that the winning startups of previous editions – Jobartis, Wi-Connect, Tupuca, and Kubinga – have achieved both at a national, regional and global level. We will continue to support further the initiative and other programs to continuously boost the Angolan ecosystem and put the spotlight on the local startups” explains Joel Epalanga, Managing Director at KiandaHub.
“Angola’s ecosystem is still nascent and the business environment is still quite challenging. However, we have seen a few success cases such as Jobartis, Tupuca and Kubinga emerging from the competition and we are excited to discover more of these startups and nurture them further, says Claudia Makadristo, Regional Manager for Africa at Seedstars.
“They tried to bury us, they didn’t know we were seeds.” – Mexican proverb
Seedstars is a Swiss-based private group of companies with a mission to impact people’s lives in emerging markets through technology and entrepreneurship. The groups’ activities cover over 80 emerging ecosystems through a variety of events such as the Seedstars World Competition, acceleration programs, physical hubs called Seedspace, venture capital investments and company building activities.
ABOUT SEEDSTARS WORLD COMPETITION
Seedstars World is the world’s largest startup competition in emerging markets. For the past six years, Seedstars Teams travel around for a 9-month world tour and scout for the best early-stage startups in 65+ countries, organizing 100+ events. One winner is selected to represent each country visited and is invited to attend one of the 5 Regional Summits, reuniting all local winners of each region to network with regional investors, mentors, and corporates. Local winners are also awarded the chance to represent their countries at the Seedstars Summit, the competition’s final happening in Switzerland, where startups compete for up to $500,000 in investment. The Seedstars Summit is the flagship event of Seedstars, filled with breakout sessions, panel discussions, specialized workshops and the best minds from emerging markets.