The names of the top 22 startups shortlisted to take part in the selection days for the Cape Town Accelerator have been published by Startupbootcamp (SBC) Africa. The announcement of the names is the final step in the process of selection. SBC Africa will announce the final ten startups to take place in the second Startupbootcamp Cape Town accelerator in July this year. The accelerator program will kick start in August this year.
The CEO and co-founder of SBC Africa Philip Kiracofe released a statement on 18th June 2018 saying that the process of selecting finalists has been an intense one. This was because of the high potential is shown by startups that applied to the program from all over Africa. According to him, there were a total of 1004 applications that were submitted. But the group decided to concentrate on 22 most creative startups offering solutions to the real African challenges.
He added that startups that take part in SBC accelerator are unique from the rest. This is because they have an opportunity to get commercial contracts with sponsors of SBC Accelerators. Kiracofe said that not less than two sponsors had shortlisted every startup for the proof of concept projects. This is what made others to make it to the top 22. He added that the cohort of 2018 is already working out to become a great moment for the whole continent.
Out of the 22 selected startups, eight of them are from Nigeria; South Africa has five and Uganda had three startups. Kenya and Ivory Coast have two startups each. Both Ireland and Ghana are represented each by a single startup. Below is the list of the 22 shortlisted startups.
ZEEZZ Planet Solutions, Biyabot, Kudimoney Bank, CredPal, Medikal HMS, FriendsVow Bankly Technologies and NebulaPay
Akiba Digital, Prospa, LULA, ifileme, and Brandbookalytics Big Data
Swipe 2 Pay, RoundBob, and CoinPesa
DISTRICASH and Digitech Group
MPost and Kakbima
Inclusive Financial Technologies
The announcement of the final ten will be at offices of PwC in Cape Town on 12th July this year. Keep an eye on the next update of the same.