6 Entrepreneurs have been chosen to go to ITALY to represent South Africa at the U-START BLOOM Global Business Showcase Event!

Over 250 enterprises entered. 19 finalists were short lists and 6 winners emerged at a pitching session held at the Bandwidth Barn on the 11th of April, 2013.

15 APRIL 2013, CAPE TOWN
Summary
6 Entrepreneurs have been chosen to go to ITALY to represent SOUTH AFRICA at the U-START BLOOM Global Business Showcase Event! U-Start is a revolutionary global online platform that puts dynamic entrepreneurs worldwide in touch with international investors most focused on innovative, high growth, and impact-driven projects. Over 250 enterprises entered. 19 finalists were short lists and 6 winners emerged at a pitching session held at the Bandwidth Barn on the 11th of April, 2013.

6 Entrepreneurs have been chosen to go to ITALY to represent SOUTH AFRICA at the U-START BLOOM Global Business Showcase Event!

U-Start is a revolutionary global online platform that puts dynamic entrepreneurs worldwide in touch with international investors most focused on innovative, high growth, and impact-driven projects.

Over 250 enterprises entered. 19 finalists were short lists and 6 winners emerged at a pitching session held at the Bandwidth Barn on the 11th of April, 2013.

The judges for the U-Start BLOOM business plan competition were

  • Zachariah George from U-Start South Africa – www.u-start.biz / @UStart.biz
  • Alex Fraser from Invenfin – www.invenfin.com 
  • Justin Stanford from 4DICapital – www.4dicapital.com
  • Colin Habberton from GIvenGain – www.givengain.com
  • Meredith Ryan from ABSA – www.absa.co.za

The finalists for the U-Start BLOOM Business Plan Competition were:

  • Ad Dynamo www.addynamo.com /@addynamo
  • Chowhub www.chowhub.co.za /@sadeghisa
  • Cirqls www.cirqls.co.za /@cirqlsdotcom
  • Dream Mobile www.dreammobile.co.za /@rezalife
  • Easy 2 Map www.easy2map.co.za /@jessello
  • Nabidi Power Company
  • IntelliCred www.intellicred.com /@shanak
  • Iono.fm www. iono.fm /@ionofm
  • Medical Diagnostic www.medi-tech.co.za /@ashleyTUys
  • MiJSPorts www.mijsports.com /@charlehoffman
  • Mimiboard Umuntu www.umuntumedia.com /@Mimiboard
  • Mobiflock www.mobiflock.com /@mobiflock
  • Perk www.perk.co.za /@perkshopping
  • Real Time Wine www.realtimewine.co.za /@realtimewine
  • SpringLeap www.springleap.com /@springleap
  • Tastewise www.tastewise.com
  • Tr3dent www.tr3dent.com /@tr3dent 
  • Wabona www.wabona.com /@wabonaonline

The event was MC’d by Vuyisa Qabaka, a prominent member of the South African entrepreneurial community who brought a truly South African flavor to the event. Each of the finalists had a chance to pitch their business in the allocated time of 3 minutes followed by a questions and answers from the judges.

The judges had previously vetted all the finalists for the competition. This either included a business plan, set of financials or a full pitching deck.

To read the trending tweets from the evening please use #BloomSA

The judges took their time in deliberating and debating which enterprises should represent South Africa at the U-Start BLOOM competition in Milan to make sure that South Africa is well represented in Milan in May 2013 where other startups from around the world will gather to demo and showcase the best that they have to offer. “Thinking locally and acting globally”

U-Start partnered with ABSA who supplied promotional goodie bags for all the finalists.

In the end, the winners going to ITALY from SOUTH AFRICA in MAY 2013 are:

Growth Sector:

  • Medical Diagnostic www.medi-tech.co.za /@ashleyTUys
  • Ad Dynamo www.addynamo.com /@addynamo
  • Mimiboard Umuntu www.umuntumedia.com /@mimiboard

Seed Sector:

  • Perk www.perk.co.za /@perkshopping
  • Dream Mobile www.dreammobile.co.za /@rezalife
  • Wabona www.wabona.com /@wabonaonline

To find out more on the BLOOM event in Italy go to http://bloom.u-start.biz

The winners win:

  • Flights and Accommodation for 2 nights in Milan, Italy
  • Mentorship, incubation, training, one-on-one introductions to a wide network of pan European investors
  • Market linkage opportunities through client and supplier introductions, a network of mentors and industry experts.
  • Being pre-selected for the Cape Town chapter of Seedstars World.

Thank you to everyone that attended the U-Start Bloom Event your support is what drives this eco-system forward. To join the U-Start platform, please go to www.u-start.biz or contact info.za@u-start.biz for more information.

To see the pictures from the evenings event. https://www.facebook.com/UStart1/photos_stream

If you require any additional information please contact info.za@u-start.biz.

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About Umuntu Media

Enabling local content creation and unlocking access to this content across Africa. 

We are here to help communities by making it easy for them to create and share content. Through the establishment of trusted brands (iPortals) and smart technology (Mimiboard) we aim to improve access to information and facilitate user-generated content. We are building the local-wide web and we love it.

Timeline:

  • Launched nine African content and information portals
    • Became the biggest local website in Namibia (2nd in Botswana)
    • Created one of the biggest Facebook followings of any media group in these nine countries
    • Initiated first-time digital advertising spend from many local organisations
    • Launched iAngola and iMozambique in Portuguese
  • Received the Nokia and World Bank Innovator of the Year Award 2012
  • The first African company to be selected as a finalist in the iMedia Next Wave competition (Austin, Texas)
  • Launched Mimiboard, which resulted in an additional 414 000  visitors to  our network in the first month
  • Through the use of Mimiboard, Umuntu Media reached 4,5 million visitors per month by the end of 2012 (currently 7,5 million per month)
  • Currently Umuntu Media is present in 16 African markets (iPortals and Mimiboard) – planned expansion to 25+
  • Featured in numerous articles across the world; highlights include BBC, The Next Web, iMedia connection, Memeburn

 

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