22 oN sLOANE to launch startup residency programme at the global entrepreneurship week
GEN AFRICA | NOVEMBER 5, 2018
The Global Entrepreneurship Network (GEN) Africa 22 on Sloane has launched its 2019 Startup residency programme which aims to attract over 100 startups to join its startup campus in Bryanston. This will mark the second year of its residency programme.
The Global Entrepreneurship Network operates a platform of programmes in 173 nations aimed to encourage the start and scale of new and young businesses. The 2019 applications will focus mainly on inviting Tech-based start-ups from the AgriTech; E-Commerce, EduTech, EnergyTech, FinTech, Gaming, HealthTech, Robotics and TransportTech sectors. In addition, start-ups from the agro-processing and large scale manufacturing sectors are also invited to apply. 22 on Sloane will be enlisting additional mentors and programme managers with technical expertise to support 100 of the start-ups which qualify for the 2019 residency programme. This year saw the appointment of the former Statistician General, Pali Lehohla, as a resident Research Advisor at 22 on Sloane and a few more appointments of learned and technical colleagues will be made over the next few months.
In 2018, 22 on Sloane selected 87 startups that joined its 2018 programme and have made a cash and kind investment to start-ups from its 2018 programme. Over 1000 applications were received in 2017 and 87 start-ups were selected for 2018 residency. The current number of resident start-ups is now at 60 with a combined revenue of over USD$7million, employing over 200 staff.
During the Global Entrepreneurship Week which takes place from 12-16 November at 22 on Sloane, startups will get the opportunity to pitch to a panel of judges for an opportunity to join the residency programme. During one week every November, thousands of events and competitions in more than 170 countries inspire millions to engage in entrepreneurial activity, while connecting them to potential collaborators, mentors and even investors. Powered by the Kauffman Foundation, the initiative is supported by dozens of world leaders and a network of more than 15 000 partner organizations.
The Global Entrepreneurship Week in South Africa will also offer various exciting sessions, masterclasses and networking sessions for entrepreneurs. The programme of the week will include:
- Monday 12 November 2018 – The Global Entrepreneurship Launch and Policy Day to be led by the Department of Small Business Development
- Tuesday 13 November 2018 – Agro-Processing and Manufacturing Day to be led by the Industrial Development Corporation and Nestle
- Wednesday 14 November 2018 – Technology Day to be led by Microsoft. Microsoft will launch its HeadStart programme for Tech startups in South Africa
- Thursday 15 November – Social Entrepreneurship Day to be led by SAB Foundation and Industrial Development Corporation
- Friday 16 November – Funding Day to be led by various Venture Capitals, and Development Financial Institutions.
Microsoft’s HeadStart programme aims to support ten tech-based start-ups by providing access to customers, mentors and the platform to build their products and services. These chosen few will be selected from 22 on Sloane’s annual call for 2019 residency at its campus, which attracts over 100 start-ups.
The HeadStart programme will help start-ups to innovate in the most trusted cloud, prepare them to sell to global firms, use any development tool/language and connect with their local community. The most challenging part of an entrepreneur’s life is opening doors. Through this programme Microsoft South Africa aims to help startups grow their business by opening the right door at every stage of your journey – by connecting them with worldwide network of customers, cloud architects, business development experts and latest and most innovative cloud technologies.
For more information on attending the Global Entrepreneurship Week, visit: https://www.22onsloane.co/gew/
For more information to apply for the startup residency programme, visit: https://www.22onsloane.co/residency-programme/