FEM-IN-TECH

DEVELOPMENT PROGRAMME

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Coming Up – fem-in-tech

Applications to open in 2021

PROGRAMME BACKGROUND

The Small Enterprise Development Agency (SEDA), in collaboration with the SA Innovation Summit, bring you Fem-In-Tech – a female-focused entrepreneurship development programme for South African women. Fem-In-Tech is aimed at empowering South African women with tech and tech-enabled start-ups with the entrepreneurial and leadership skills to launch and grow their businesses.

Through this programme, a community of female-led start-ups will be created with the purpose of supporting each other through their journeys. At the end of the programme, the women will be equipped with the skills to pitch their business case to potential investors on the Demo Day, and a select group will be matched to potential business supporters and funders through the Match and Invest Platform.

FEM-IN-TECH CRITERIA

THE TEAM

South African Female Founder / Co-Founder. More than one founder and a strong team.

Business overview

≤ 5 Years in Operation (min. 1 year). Stage of development: seed capital/ angel investment/ venture capital.

Product and Innovation

Is the product/service innovative and unique? Product maturity: minimal viable product/early stage/ready to scale. Competitive advantage (IP / Trade Secret)?

Market Demand

Are customers, segment sizes, distribution and after-sales proven? Sound knowledge of alternatives and competitive advantage.

Scalability

Can the team and offering grow quickly, outpace competitors, and penetrate new markets? Is there a sound business plan.

Revenue / Feasibility

How is revenue generated? Have operations, marketing, pricing, volume, costs, risk mitigation, and return on investment been quantified?

2020 FEM-IN-TECH FINALISTS