South Africa has for a long time been a frontrunner in the Sub-Saharan Africa startup scene, pioneering business models and start-ups.
StartMe a crowd-funding platform for South African Entrepreneurs and Investors. Founded in 2011, StartMe is the next generation of business investment. It is a new way to fund entrepreneurs, artists, schools and community projects in South Africa by crowd-funding for equity or other incentives, giving those looking for funding a platform to connect with ordinary people and raise start-up finance.
By attracting lots of investors who invest smaller amounts of money into a person, company, product or idea you can bypass the traditional ways of raising venture finance. Founded by Ben Botes and Lourie Nel, StartMe has gone from strength to strength.
Through StartMe, South African entrepreneurs can create projects, indicate a funding goal and solicit for funding from users who serve as project investors.
- SABLE Accelerator launches to connect Silicon Valley with South Africa (thenextweb.com)
- South Africa’s Motribe launches Instagram for Africa, reaches 1M users (venturebeat.com)
- ‘Jobless Entrepreneurship Tarnishes Steady Rate of U.S. Startup Activity, Kauffman Study Shows (kauffman.org)