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Applications for the Cape Town FastTrack close on 19 May

May 15, 2019 • Southern Africa, Startups, Top Stories, West Africa

Applications for the Cape Town FastTrack close on 19 May

Entrepreneurs will receive useful support during the three month training programme.

The search is on for top-performing disruptive startups seeking solutions for positive change in Africa. Startupbootcamp AfriTech (SBC AfriTech) is calling on high-growth startups in the tech industry to apply to a three-month programme to help companies scale in the global market.

RCS and SBC AfriTech will co-host the Cape Town FastTrack on 22 May 2019 where tech startups can meet with investors, mentors and corporate sponsors.

“We are excited to learn what this year’s start-ups have to offer,” says Regan Adams, RCS’ CEO. “As a business, we are driven to becoming more digitised, and improve customer experience – reason why we are interested in solutions that align with this. Today, customers are more digitally-enabled and socially-connected: Customer experience is everything and the touchpoints have multiplied. We are aiming for customer-centric solutions at every touchpoint.”

“We have successfully implemented solutions pitched by startups from SBC in the past, to great success,” adds Rudi Visser, RCS’ head of innovation and acceleration. “We look forward to engaging with startups again to drive innovation at RCS. In our final year of sponsorship, our focus will be on digital solutions with the potential to directly impact on customer experience and engagement, which are key priorities for RCS.”

FastTracks are informal events hosted all over the world. Its 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 2019 programme.

“Attending a FastTrack is useful for startups wishing to apply to the SBC AfriTech programme,” states Velani Mboweni, CEO of SBC AfriTech 2018 alumnus Lüla, “At the Cape Town FastTrack, we engaged with corporate sponsors, including Old Mutual and Nedbank, right from the get-go. This really gave us a leg-up in our SBC journey.”

For the Cape Town FastTrack, the top ten startups to apply will receive instant feedback from a panel of industry mentors, be able to network with the SBC investment team and learn more about the SBC AfriTech.

“The SBC AfriTech FastTrack Tour for 2019 is an open canvas for forward-thinking startups to initiate a shift in traditional thinking while networking with hundreds of other innovative, like-minded people wanting to set new benchmarks in the African tech industry,” adds Nsovo Nkatingi, AfriTech programme director.

“Through Startupbootcamp’s expansion to numerous countries in Europe, Asia and America, and now Africa, it’s clear that the accelerator movement has caught on quickly, showing a demand for ongoing support in a globally growing entrepreneurial community”, says Startupbootcamp founder and CEO, Philip Kiracofe.

The SBC AfriTech FastTrack Tour for 2019 will cover 19 events in 14 countries. Attending a FastTrack will boost your chances to join SBC AfriTech’s highly-acclaimed, intensive three-month programme with 20 per cent.

To apply to the Cape Town FastTrack, Visit http://bit.ly/ftapply19

SBC AfriTech sees the potential of African startups to solve real-world problems with disruptive technology. As part of a global family of industry-focused accelerators, the team believes in the power of Africa.

In 2018, 20 per cent of the applications received from Startupbootcamp’s global family of accelerators came from African-based startups. Over the past seven years, the United States leads with the highest number of funding applications submitted, followed by India, United Kingdom, Nigeria, South Africa, Italy and Mexico.

SBC AfriTech is focused on high-growth startups in Big Data, Dashboard & Predictive Analysis, Process Automation & Simulation, Machine Learning, Content Aggregation & Knowledge Management, Digital Customer Journey, HealthTech, Sensors, Health Data Analytics, IOT & Asset Tracking, Distributed Ledgers, Digital Identity Management & Authentication, FinTech for Financial Management & Financial Inclusion, P2P and Sharing Economy, On-Demand Pricing, Usage-Based Solutions, Smart Mobility & Open Transportation Networks, RetailTech, Augmented Reality, Computer Vision and Sensors.

The accelerator is anchored and endorsed by leading corporate sponsors, Old Mutual, RCS, BNP Paribas Personal Finance, Nedbank and PwC, that will support and grow the program and the selected startups. Leaders from these corporates will be present at the FastTrack events to engage and mentor applicants.

Global sponsors include Google Cloud, Amazon Web Services, and Cisco, with service partners The Loudhailer, Brevity Law, Cloudworx, the Inner City Ideas Cartel and VC4A.

Interested startups can click here to find out more about the Cape Town FastTrack and submit their applications.

Edited by Fundisiwe Maseko
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