AYO Scaling Africa Series

CHALLENGE BACKGROUND

AYO Technology Solutions is a technology investment company with a focus on disruptive solutions that advance life, business and economics and a vision to create Africa’s own tech giant.  This year, AYO presents the first ever: Scaling Africa Series to empower South Africa’s Technopreneurs.

In collaboration with the SA Innovation Summit, this series will identify and support South African digital and tech-based businesses, disrupting the ecosystem with novel ways to solve business and everyday needs of communities across Africa.

The AYO Scaling Africa Series will provide Series A funding seekers, with high growth strategies and a sustainable competitive advantage, a chance to build capacity and grow. It aims to provide exposure, access to new markets, funding opportunities, business support and opportunities to scale.

CHALLENGE CRITERIA

A panel of expert judges will evaluate the Scaling Africa Series entries and select the Top 5 candidates as the finalists to compete in a virtual live pitch round.

During the preliminary evaluation process, the pitches will be reviewed based on the information provided in the online entry form according to the following criteria:

• Series A / Growth Phase
• Product/Service proposition to solve real customer needs
• Scalable business model and quality execution strategy
• Sustainable competitive advantage
• Sound revenue and profit models
  
• Turnover: R5m – R50m
• Passionate & knowledgeable management team