GEN South Africa Regional Pitch Event
GEC+ Africa in partnership with GEN South Africa and Small Enterprise Development Agency (SEDA) is looking for the next game changing startups and SMMEs from South Africa.
Applications will be open to tech startups at pre-seed or seed stage with at least a Minimum Viable Product (MVP) and non-tech startups or SMMEs that are post revenue. Successful applicants will be invited to participate in a bootcamp which will be in preparation ahead of the pitching competitions taking place in their respective countries.
Pitching location and dates;
- Eastern Cape, 2-3 October 2023
- Kwa-Zulu Natal, 5-6 October 2023
- Mpumalanga, 9-10 October 2023
- North West, 16-17 October 2023
- Limpopo, 19-20 October 2023
- Northern Cape, 23-24 October 2023
- Free State, 30-31 October 2023
- Gauteng, 2-3 November 2023
- Western Cape, 7-8 November 2023
The final pitch will have an audience consisting of investors and Entrepreneur Support Organisations from all over the continent. The top 3 winners will share a prize of $100 000 and will have an opportunity to join an accelerator programme post the congress.
Click here to apply.
Applicants whose pitch decks are deemed suitable will be invited to pitch to judges during the lead up activity.
The below criteria will serve as a broad guideline in assessing the applicants when they present their businesses to the adjudicators:
- The Problem Statement: has the entrepreneur(s) clearly identified the problem they are looking to solve and who this problem affects? Is the problem big enough i.e., does it point to a sizeable growing target market?
- Value Proposition: Is the proposed solution distinct from the current solutions in the market? Does it have a clear competitive advantage?
- The Business Case: Is the business model viable in how it intends to make money alongside its value proposition? Is this business model sustainable? Does the business have a clear strategy?
- Team Composition: Is the team skilled and capable enough of executing on the product/service delivery and its business model?
- The Minimum Viable Product: How effectively does the MVP showcase the value proposition? Does the MVP provide a robust foundation for further development and scaling?
- Overall Quality of the Pitch: Was a pitch deck submitted? Was the entrepreneur prepared in their presentation and in answering questions?