Start-ups Application for DEMO Africa 2015 Opens
DEMO Africa 2015 application window is now open for entrepreneurs through the months of March, April to close by the end of May. The application process will be hosted by DEMO Africa’s partner VC4Africa which will be followed by all the qualifying applications being taken through an adjudication process after which the top thirty will be invited to pitch on the DEMO Africa stage in September during the DEMO Africa event in Lagos, Nigeria.
Each year since the first DEMO Africa event was held in 2012, the number of applications keep going up. This year, the numbers are expected to go high which is extremely encouraging as it clearly shows that more and more African entrepreneurs are getting enthusiastic about being part of Africa’s entrepreneurship revolution.
To qualify for DEMO Africa 2015, start-ups must ensure that their products have the ability to impact the marketplace of introduction. A clear business plan and a team capable of delivering the product are also vital. The product must be ready for launch and the business must be legally registered. Preference is given to disruptive innovations that have massive potential for scale.
The 12 application categories include: Agriculture, Health, Education, Manufacturing and Retail. Others are Media and entertainment, Communication, Transport and Logistics, Energy, Finance and Banking, Water and Sanitation, Waste Management and recycling.
The applications will be vetted by an executive panel comprising experts in business and tech. The best thirty start-ups will have a chance to launch their products to an ecosystem of VCs, investors, tech acquisition specialists, IT buyers and media from across the region and around the globe.
The DEMO Africa Alumni have confirmed that they have been able to find valuable partnerships and learned useful business lessons through interactions by their participation. Last year, DEMO Africa presented 6 start-ups with a chance to tour the Silicon Valley to meet mentors and share with peers. These included; SpacePointe- Nigeria, Chura- Kenya, Nerve- Nigeria, Paysail- Ghana, Jifunza- Rwanda and Saisai-Zimbabwe. Recently, participants in VC4Africa research indicated they successfully raised USD 27 million, many of them being DEMO alumni.
DEMO Africa 2015 is scheduled to take place on 24th and 25th September at the Eko Hotels and Suites in Lagos. This year’s event is being organized in collaboration with Nigeria’s Federal Ministry of Information and Communication Technologies and LIONS@FRICA partnership. As has been witnessed in the previous years, the September event is expected to attract top-notch African investors. Keep to http://www.demo-africa.com/ for updates on participants’ registration.
Submission of applications that meet the above requirements will be accepted online through https://vc4africa.biz/demo-africa/