FemBioBiz Pitching Den Competition: 12 September 2018
SA Innovation Summit, Cape Town Stadium – Level 00 Pitching Den Stage
The FemBioBiz Acceleration Program is an AU NEPAD Southern Africa Network for Biosciences (SANBio) initiative supported by the Finnish-Southern African Partnership Programme – BioFISA II. The FemBioBiz program was launched in 2017 and targets women in the health and nutrition sector with the aim to empower them with leadership and entrepreneurial skills.
FemBioBiz, currently in its second season, has reached over 650 women and trained over 250 women from 10 nationalities since inception. While the programme works with in-country partners and supports country ecosystems that work with female bio-entrepreneurs, it also connects all stakeholders involved to regional and international networks by bringing them to platforms such as the SA Innovation Summit in South Africa and SLUSH – one of Europe’s biggest start-up competitions in Finland.
At this year’s SA Innovation Summit, 32 female bio-entrepreneurs and female students from 10 SADC countries working to address Africa’s health and nutrition challenges will be pitching their innovative businesses and ideas to investors and funders at the FemBioBiz pitching den on the 12th of September, starting at 11am. This is a deal making platform where businesses and funders meet, providing an opportunity for the female bio-entrepreneurs to access financing that will enable them to continue creating impact at country, regional and international levels.
The best performers will receive prizes from SAB Foundation, Merck and other partners to move their businesses forward and a trip to attend Europe’s leading start-up event Slush 2018 in Helsinki, Finland.
The FemBioBiz Acceleration Programme has been created to develop leadership, technological and business skills in female-owned businesses in the SADC region to support deal-making and business acceleration in the Biosciences arena.
In 2017, the SA Innovation Summit has been rolling out Pitching Training Programmes for biotech entrepreneurs in a number of countries in Southern African countries, in partnership with BioFISA II.
R50 000 cash to the winner of the FemBioBiz Pitching Den Competition
Merck is partnering with the Innovation Summit SA to scout for startups in Southern Africa using technology to innovate in healthcare, life sciences and performance materials. Investment and collaboration with startups is not only a tremendous business opportunity for Merck, but also is part of our strategic innovation direction to identify innovative approaches at an early stage between & beyond our current businesses, and scale them to sustainable businesses. This prize is one of our several initiatives across Africa helping us to find startups that are innovative and ready for collaboration to shape the future together with us.
ABOUT THE MERCK ACCELERATOR
The Merck Accelerator program supports startups with the final objective of partnering up with them. We are looking for real partners so that we can work together in shaping the future. With programs in our headquarters in Germany, in China and our Satellites events in Africa, startups can find their perfect fit and connect to our global network for collaboration.