Seedstars picks 2017 Mozambique winner, announces Mozambique for Regional Summit

Seedstars (a Swiss based group of companies which has the goal of impacting people’s lives in emerging markets through technology and entrepreneurship), brought its Mozambique round of Seedstars World to a close in Maputo, on Wednesday June 14, 2017.

At the end of Seedstars Maputo, Mobile insurance startup, Tabech and their product Móvelcare were voted the best startup in Mozambique for their adjective solution. The event held at the Standard Bank Incubator.

Seedstars World is a worldwide startup competition open to participants in 75+ countries, with four regional summits and a global summit in Switzerland. Its objective is to identify leading startups from all regions and provide them with value added services such as mentoring, networking and access to funding.

At the final round,  12 startups pitched in front of a prestigious jury that consisted of Gerrie Kapfidze, Country Head – Mozambique at Unilever, Carlos Vaz Vignolo, Investment Banking (IB) Advisory/Property Manager Standard Bank, Thabo Ncalo, Managing Partner at Savvy Venture Partners, Joana Saranga Senior Communications and Government Affairs Leader at General Electric, Tiago BorgesCoelho Co-founder and R&D specialist at UX Information Technologies, Simon Everest, Managing Director at Coca-Cola Mozambique and Fanny Dauchez, Associate for Africa at Seedstars World.

Karingana Wa Karingana Textiles, a platform aiming to revolutionize the African textile market by offering brands customized prints produced on demand, came second and Alltrack, a cross-platform tracking software that allows you to control your car and prevents it from being stolen, grabbed the last spot in the top 3.

The other startups invited to pitch were SupevyCrimeDownDream Solutions EnterpriseFakulKharin LdaOlenvoLavaMeSide and Tech4Kids Academy.

As part of the prize, Móvelcare will be participating at the Seedstars Summit taking place in Switzerland in April 2018, a weeklong training program with the opportunity to meet the other +75 winners, as well as investors and mentors from around the world. Traditionally, the final day of the Summit will be dedicated to pitching in front of an audience of 1000 attendees, with the possibility of winning up to USD 500,000 in equity investment.

In his remarks, Pascalle Grotenhuis, Netherlands ambassador to Mozambique said “…young people who are ready to start something of their own — can lift up people’s lives and shape their own destinies. Entrepreneurship means ownership and self-determination and brings down barriers between communities and cultures and builds bridges that help us take on common challenges together.”

The startups pitched in front of a prestigious jury consisting of of Gerrie Kapfidze, Country Head – Mozambique at Unilever, CarlosVaz Vignolo, Investment Banking (IB) Advisory/Property Manager Standard Bank, Thabo Ncalo, Managing Partner at Savvy Venture Partners, Joana Saranga Senior Communications and Government Affairs Leader at General Electric, Tiago BorgesCoelho Co-founder and R&D specialist at UX Information Technologies, Simon Everest, Managing Director at Coca-Cola Mozambique and Fanny Dauchez, Associate for Africa at Seedstars World.

The Seedstars World Mozambique production received tremendous support from local ecosystem players such as Embassy of the Kingdom of the Netherlands, Shell, Internet Solutions, Castle Lite, and Coca-Cola.

In addition, the initiative partnered with the Embassy of the Kingdom of the Netherlands and the Swiss Embassy and received support from Castle Lite, Internet Solutions and Coca-Cola.

Also, during the event, Seedstars World announced Mozambique as venue for the African Regional Summit to be held later this year. The summit will bring local winners from over 20 African countries for a series of workshops, panels and discussions on technology and entrepreneurship in Africa.

Moreover, Seedstars World has partnered with the Merck Accelerator on a regional level, in order to support seed-stage companies with a focus on the fields of healthcare, life science and performance materials. The most promising HealthTech startups will receive office space in the Merck Innovation Center in Kenya or Germany, mentoring and coaching on a regular basis and financial support of up to €50,000. In total, each prize package is worth around €200,000.

Continuing on its world tour of startup scenes in emerging markets and fast-growing startup scenes, Seedstars World’s next stop is South Africa’s finals in Johannesburg at the Standard Bank Auditorium, to select the most promising startup in South Africa. The winners from the Johannesburg and Cape Town Satellite events, as well as 3 wildcard startups, will be invited to compete at the grand final on June 29th to become the national winner of South Africa. However, startups from across the country are encouraged to apply. Applications are still open and startups can apply here: https://seedsta.rs/safinals2017

See more photos of the June 14 Seedstars Maputo event here

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Chiamaka Akuba33 Posts

Chiamaka Akuba is a graduate of Mass Communication of the University of Lagos, Nigeria. She is passionate about emerging markets and entrepreneurship and is actively working with the industry. She loves her conversations challenging and can’t help laughing when you call her ‘Honourable Writer of the Federal Republic'. Chiamaka is a Staff Writer at Outrepreneurs.

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