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A unicorn is a privately held startup business valued at above $1 Billion. Venture capitalist Aileen Lee originally coined the term unicorn in 2013. He chose the fictitious animal to represent the fact that start-up companies with private capital of over a billion dollars are so rare.

According to CB Insights research, there were 1,068 unicorn companies worldwide as of 30 March 2022. 519 of which were “born” in 2021 alone.

It takes more than a great idea to build a unicorn. It takes dedication, hard work, and often a bit of luck. But most importantly, it takes Product-Market Fit. More on this shortly.

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Build your Innovation Narrative

Next up in the “Start loud with WHY” series – Queracia Jacobs shares her journey with SAIS.

Starting from being a student volunteer to currently playing a vital role in building the innovation narrative of the African entrepreneurship ecosystem as a Digital Marketer and Content Creator.

Passion comes from the heart, not the head.

Immediately after Queracia started volunteering at SAIS, she naturally connected herself with the mission of SAIS – shaping the Africa Rising Narrative through entrepreneurship. Dive into her story and discover how Queracia ties what she does every day at SAIS to her passion.

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THE VIDEO GAMING INDUSTRY: 4 IP Tips For The Software Creators

The Covid-19 virus brought few positives into our lives since 2020, but if you are in the video gaming industry, you might disagree. With everyone locked up at home, the industry flourished, as people found a great way to stay busy and connect with friends online.

With the fast growth of the industry, greater focus has been placed on intellectual property, specifically copyright in the digital environment, not only in relation to the video gaming industry, but also in relation to upcoming trends such as NFTs and the Metaverse. With that in mind, software creators, especially video game developers, should be attentive as to how they can protect their IP.

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Why Africa’s new crowdfunding platform is worth your attention and your R1000

Launching soon, GoGetta is Africa’s equity-based crowdfunding platform. They have created a home for Africa’s business mavericks and are opening the gates for savvy investors looking to put their money into the possibilities of Africa.

If you’ve heard of the crowdfunding concept, chances are it was a donation-based crowdfunding platform, like BackABuddy or GoFundMe, conceptualised to pool funds from ‘the crowd’ to raise a targeted amount of money in support for a specific cause. The returns – pure feel good.

And like all industries, crowdfunding has evolved significantly since the first campaign in 1997. In recent years, the equity-based crowdfunding model has gained a lot of traction globally. According to a market research study published by Facts and Factors, the demand analysis of global crowdfunding market size & share revenue is expected to cross USD 28.2 billion by 2028, at a compound annual growth rate (CAGR) of around 11.8 % between 2022 and 2028. For those who don’t speak finance lingo, that’s solid growth!

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Arm yourself with a sense of purpose

Next up in the “Start loud with WHY” series – Tarisiro Matiza, a project manager at SAIS, shares her story – with a medical science background, her dedication to helping and growing African entrepreneurs, and how she connects her passion with why she does what she does…

Being intrigued by the world of entrepreneurship, she first started her journey at SAIS as an intern. Seeing African entrepreneurs grow, scale, and develop through the various programmes within SAIS, she was inspired by and resonated with the African entrepreneurial mindset that is driving the development and innovation on the continent.

Join us as we discover Tarisiro’s values, passions, and strengths that all connect to supporting and creating the African entrepreneurship narrative.

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Africa’s Business Heroes Application Support Workshop II

The fourth instalment of the  “Africa’s Business Heroes” (ABH) prize competition competition is well underway on a quest to identify and spotlight African entrepreneur heroes who are actively creating an impact in their communities.

African business heroes stand a chance to win:
A share of $1.5 million – there are 10 cash prizes to be won.
Access to world-class mentorship and training.
Networking opportunities with leading businesspeople.
Televised media exposure across the continent.
To help all you amazing entrepreneurs enter the competition, the SA Innovation Summit hosted an Application Support Workshop on the 26th of May 2022.

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One year ago, Estonia’s e-Residency programme opened its pick-up point in South Africa which is currently based in Centurion, Pretoria. 

To mark this momentous occasion, the SA Innovation Summit  alongside the e-Residency hosted meet-ups to celebrate e-Residency’s 1-year anniversary of having presence in South Africa. 

We hope that those who were part of these sessions were inspired to take on this opportunity and that  you are well on your way to expanding your business to the EU. 

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Africa’s Business Heroes Application Support Workshop

The fourth instalment of the  “Africa’s Business Heroes” (ABH) prize competition competition is well underway on a quest to identify and spotlight African entrepreneur heroes who are actively creating an impact in their communities. 

To help all you amazing entrepreneurs enter the competition, the SA Innovation Summit hosted an Application Support Workshop on the 4th of May 2022.  Here is a breakdown of how the application workshop can help you position yourself to respond effectively in your application and pitch. 

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Follow your passion and live in flow

In our next episode in the “Start loud with WHY” series – Danielle Lifschitz, Project Coordinator at SAIS, shares her soul’s purpose and how she aligns her life to point in that direction.

Everyone wants to do what they love and live in flow, but not everyone has the right motivation or mindset to live their life with purpose. 

Danielle throws herself into the pursuits she loves – building entrepreneurship in Africa through the vision of SAIS. She is open to the adventure that she is about to have and looks forward to the incredible future ahead of her as well as SAIS.

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