Winner will win up to USD 500’000
The one-day event will see the best-in-class start-ups pitch their ideas in front of a regional jury panel of judges. The 30 finalists of the regional events will be invited to Switzerland to participate in a 4-day bootcamp and the grand finale where they will compete in front of an international jury and European investors, one winner will win up to USD 500’000 in equity investment.
African investors should diversify
Seedstars CEO Alisee De explained to Appsafrica.com “We have the best solutions for the needs in this continent. At Seedstar we are mandated to ensure that these solutions are taken to a larger scale.” She urged the African investors to diversify investing opportunities from the traditional manufacturing, transport and real estate to newer ventures like technology which is quickly affirming itself as a profit generating industry in Africa.
The DEMO Africa application window is now in its final leg so start-ups with products which are ready are being asked to register before June 15th 2014. DEMO 2014 is scheduled to take place in Lagos, Nigeria in September, 22nd-26th 2014.