Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes, is returning to Uganda on the 30th of September to scout for the best entrepreneurs in technology.
In line with its mission to place the spotlight on entrepreneurs from emerging markets, Seedstars World is travelling to more than 65 countries this year to identify the best seed-stage entrepreneurs and provide them with an opportunity to win up to USD 1 million, with the main prize being a 500,000 USD equity investment prize.
The Uganda event will take place at Outbox Hub, and registration is open to startups looking to pitch to a panel of judges. The most promising seed-stage startup will represent Uganda at the global event in Switzerland.
"Expanding and diversifying the country’s revenue base is directly linked to enterprise development and growth. The selected startup will represent Uganda in Geneva in 2017 where they could potentially win at the finals, and in addition they could become key players in the national and international marketplace", Stanbic Bank's Head of Business Banking Wayne Cook said. "As Stanbic Bank, we support the development of small businesses, as they have the potential to grow the economy, provide employment and bring innovation to the business community."
"Our collaboration with seedstars has gone beyond just putting Ugandan startups on the global stage", Outbox Hub co-founder Richard Zulu added. "The relationships built from the network and exposure from seedstars is one of the best benefits I did not foresee. This has placed us in a unique position within the local market to extend these relations beyond seedstars participants to the general local ecosystem."
The 11 startups that are selected to participate at the Seedstars World pitching event are:
Aloyo Electronics: A phone charging device that can be powered by the use of a motorcycle.
Soundbooklet Ltd: Secure continuous water supply for more food production with remote data availability and smart garden control.
DusuPay: A platform that's streamlining how African businesses are paid online.
Akiba / E-Savings Club Uganda: A company aiming to transform finance by making it collective, granting people the tools for practical and transparent management of their finances.
MamboPay Limited: A coupon-based payment solution used by clients to send funds to their beneficiaries in form of purpose-bound digital coupons.
DmarkMobile: Location-based marketing mobile and web platform connection people and places.
Solar Freedom Africa Limited: A solar energy products retailer that collects payments through mobile money.
Xeno Technologies: Online investment advisory platform to help people save for targeted financial goals.
Panya: A chatbot that enables local firms to market and transact products and services directly within Facebook Messenger.
Kwiksy: A location-based address book search powered by a geofencing algorithm
Kazzi Corp Technology: A platform for small scale farmers to get access to cheap loans, manage finance and get access to Markets
"The ecosystem in Kampala is growing. We have found some very interesting and promising startups that deserve more visibility, exposure and attention from a global audience." explains Selam Kebede, Associate for Seedstars World Africa.
Along with the main pitching competition, there will see two additional prize categories. Startups in education qualify for the global "Transforming Education Prize" contest for the best startup in the education space, awarded in conjunction with Together with TRECC. Additionally, Seedstars World and Intel will award the best startups in Hardware, IoT, Cloud and Analytics in the Intel Solutions Challenge, which comes with access to market, advice, and funding for the best startups.
The event will be held on the 30th of September at Outbox Hub in Kampala. Attendees can register for free here: http://www.seedstarsworld.com/event/seedstars-Kampala-2016/