Major Seed Stage Startup Competition Returns To Mozambique

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Written by Staff

Seedstars World is returning to Mozambique on the 14th June 2017, with the support of main partner, Standard Bank, and local ambassador UX Information Technologies. In addition, the initiative has partnered with the Embassy of the Kingdom of the Netherlands and the Shell and received support from Castle Lite and Internet Solutions.

“Standard Bank’s purpose is Africa is our home and we drive her growth. To this end, technology is a factor that will play a critical part in changing lives and fulfilling aspirations across the continent and we see entrepreneurial ICT competitions such as Seedstars as part of an important journey to showcase the tech innovations and entrepreneurs coming out of Africa, and specifically Mozambique, on the global stage. We are proud to be the main partner once again of Seedstars Maputo 2017 edition and we wish the contestants all the best of success on their journey to Lausanne, Switzerland for the final.” says Victor Jardim, Head of Personal and Business Banking of Standard Bank Mozambique.

From IT News Africa.

The startups selected to compete at the Seedstars Maputo event need to be less than 2 years old, have raised less than USD 500,000 in funding and have built a minimum viable product, ideally with existing traction and scalable. Seedstars World is looking for smart startups that solve regional issues and develop profitable products for the global market, to support their regional businesses and growth. This year, the initiative will focus on targeting startups from across the country to ensure that those residing outside of Maputo also get a chance to compete.

To provide local entrepreneurs with this opportunity and aiming to deliver the best possible event, UX Information Technologies will represent the initiative for the third time.

Read ore at IT News Africa.