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
Overview
Program dates | Jun 21 - Jul 28, 2021 |
Organizer | SA Innovation Summit |
Website | Visit website |
Targets | South Africa |
Sectors | Agritech, Biotechnology and medical research, Clean technology and energy, E-commerce, EdTech, HealthTech, Logistics, Waste management and recycling |