In 2019, the SA Innovation Summit and SA SME Fund collaborated to launch the ANDZA Pitching Den. A competition which offered SA’s top entrepreneurs the chance to be considered for R10 million in investment funding and acceleration.
Bandile Dlabantu, founder and MD of Khepri Biosciences took the second prize of R125 000 in cash. We had a chat with him where he shared his entrepreneurial journey with us.
Who is Bandile Dlabantu?
Bandile is an entrepreneur from the rural Eastern Cape, I graduated with a Bachelor in entomology from Rhodes University and a Masters in Management from Wits business school. I’m a mentor of entrepreneurs, inventor of the Khepri Bioconversion until and founder of Khepri Biosciences.
What is Khepri Biosciences?
Khepri Biosciences is a waste to feed bioconversion company that seeks to lower the cost of animal feed and probiotics for rural farmers in SA and other SADC countries by producing high quality insect based feeds.
What made you participate in the SA Innovation Summit – ANDZA competition?
We wanted a platform to communicate our offering and technology to potential investors.
Has your participation in the SA Innovation Summit had any impact in your business?
There has been investor interest and we are exploring potential partnerships for developing our offering and increasing our social impact.
What are some of the challenges you have been faced with while developing your product?
Financing, the regulatory environment and the correct skills needed to develop our offering into the market was our greatest challenge.
What’s next for Bandile and Khepri Biosciences?
Khepri is poised to open the first industrial waste to feed bioconversion sector in Gauteng with the assistance of the DTI and TIA. From there we aim to change the world
What advice would you give to entrepreneurs or those looking to start their own business?
Movement creates the opportunity, don’t stop moving