Getting venture capital funding is a rare opportunity for South African startups. The ideal situation for early stage companies seeking funding would have the following:
- Some funding (without losing a massive chunk of equity based on a fair valuation) and support;
- Mentorship and coaching; and
- Networking with other funding opportunities and hard-to-reach networks.
They are opening a new round of applications on the 1 September 2013. Our advise is that you arrive early and take time to carefully fill out the form early. Demand is likely to be great.