Startups in Africa: Apply to Seedstars World Best Startup competition via VC4Africa – 500K investment & more

seedstarsSeedstars World will award USD 6.8 million in total to emerging market startups this year in the Seedstars World Best Startup competition. Seedstars World has partnered with VC4Africa for all applications coming from Africa. Apply now, or see all the details below.

The first application deadline – in Maputo, Mozambique – is already this Saturday, May 16th. Other cities’ application deadlines will follow (see the overview at the bottom of this article).

Seedstars World is an exclusive startup competition in emerging markets. Only high quality startups can receive an invitation and are chosen following a strict selection process. The winner is crowned with the prestigious denomination Seedstars World Best Startup.

For its third edition, Seedstars World will be on the ground in over 50 countries across Africa, the Middle East, Asia, Latin America, and Central and Eastern Europe, to find the best seed-stage startup. Companies less than two years old, MVP ready, thinking global and with less than $500k raised so far can apply to become the 2015 Global Winner!

The winning startup from each of our 50+ local events (and additional startups for each Investment Track) will be flown to Switzerland and lodged for the weeklong bootcamp, final event, conference and investment forum.

Seedstars World awards $6.8mn in total in prizes and investments. Seedstars is investing up to $500k in the top startup found, no matter what industry this startups is from. In addition, there are a number of awards for specific sectors.

How does it work?

1) Applications

Step 1: Make sure you have a venture profile published on the VC4Africa platform with your most recent pitch deck attached.

Step 2: Apply to one of the 12 local events in Africa through the online form.

2) Pitching events

At each Local Event, the top 10-15 pre-selected startups are invited to pitch in front of an expert jury and quality audience to determine the winner. The event brings together key entrepreneurs, investors, corporates and institutions from the local ecosystem combined with a unique global Seedstars World flavour. The winner of each Local Event gets a free trip to the Final Event and loads of cool tech prizes.

3) Final Event

The winner of each Local Event will be invited to Switzerland to represent his startup and country at the global finals. The Final Event is a weeklong adventure consisting of a bootcamp, international conference and investor forum. It’s an amazing chance to meet with investors, build a global network and grow your business. And don’t forget there is up to USD 1.5 mn in equity investment on offer to the winning startups.

Time investment:

1 day for the Local Event + 7 days if you are selected for the Final Event in Switzerland.

Criteria:

  • – Maximum 2 years since founding date
  • – Maximum USD 0.5m funding
  • – Minimum Viable Product (MVP)

Dates and deadlines:

City Event Date Application Deadline
Maputo May 26th May 16th
Cape Town June 26th June 12th
Lagos July 28th July 14th
Accra August 5th July 22nd
Abidjan August 12th July 29th
Dakar August 21st August 7th
Kigali August 26th August 12th
Kampala September 10th August 27th
Nairobi October 2nd September 18th
Addis Ababa October 8th September 24th
Dar Es Salaam November  10th October 27th
Gaborone November 27th November 13th


Apply now via Seedstars World’s dedicated page on VC4Africa!