Uganda’s Remit In Run For Seedstars’ Shs1.25 Bn Startup

Uganda’s top incubation, collaboration and co-creation space for techies stand a chance to earn a grand prize of USD 500,000 in equity investment with Seedstars World (SSW) making its debut in Uganda today.

Remit  an international money transfer app are the Ugandan winners.
Remit an international money transfer app are the regional winners.
Shop24/7 makes their presentation. Their market size has grown to 30 to 40 in a short period.
Shop24/7 makes their presentation. Their market size has grown to 30 to 40 in a short period.

Kigali, Nairobi, Lagos, Accra, Dakar, Casablanca and Cape Town are their other AfricaRemit; an international money transfer app n destinations.

Outbox’s founder Richard Zuluthe (host) and a number of Ugandan tech businesses including M-DUKA who solving vendor problem and user accessibility, Remit; an international money transfer app, Xente a money transfer start-up, Shop247 an online shopping startup and Inforex who providing real time forex information among others tussled it out for the regional win.

According to Zulu, the Outbox Hub is setting itself as an idea’s think and do-thank and a collaboration community for developers, entrepreneurs, mentors, advisors and venture capitalists.

Seedstars World is the most exclusive startup competition for emerging markets and fast-growing startup scenes. Based in Geneva, Switzerland and founded by Alisee de Tonnac and Pierre-Alain Masson, it is supported by the venture builder Seedstars SA.

Making its debut in Uganda, Seedstars World is coming to Kampala for its twelfth event of the 2014 tour. This year, SSW have partner with the Outbox, where the event is being hosted.

2013’s tour of 20 cities ended with a final round in Geneva, where the most promising startups from all over the world competed one last time in front of an international jury to earn the final grand prize. Flitto, an innovative crowdsourcing translation platform from South Korea nabbed first place.

How it works  
30 regional events: an exclusive one-day event where the best-in-class startups pitch their ideas in front of a regional jury panel.   
Final event: the 30 finalists of the regional events will be invited to Switzerland to participate in a 4-day bootcamp and the grand finale where they will compete in front of an international jury and European investors. One winner will win up to USD 500’000 in equity investment.  

Criteria: –  less than USD 500’000 in capital investment – maximum 2 years since  founding date   – a product that is up and running on the market.  – a global project, potentially scalable at an international level.   
How to participate? Invitation only. If you are interested in receiving an invitation contact them at  [email protected] 

How it works
30 regional events: an exclusive one-day event where the best-in-class startups pitch their ideas in front of a regional jury panel.
Final event: the 30 finalists of the regional events will be invited to Switzerland to participate in a 4-day bootcamp and the grand finale where they will compete in front of an international jury and European investors. One winner will win up to USD 500’000 in equity investment.

Criteria: –  less than USD 500’000 in capital investment – maximum 2 years since  founding date   – a product that is up and running on the market.  – a global project, potentially scalable at an international level.
How to participate? Invitation only. If you are interested in receiving an invitation please contact us at  [email protected]

– See more at: httpss://www.outbox.co.ug/blog/seedstars-world-tour-2014-press-release#sthash.G3b8LCho.dpuf

How it works
30 regional events: an exclusive one-day event where the best-in-class startups pitch their ideas in front of a regional jury panel.
Final event: the 30 finalists of the regional events will be invited to Switzerland to participate in a 4-day bootcamp and the grand finale where they will compete in front of an international jury and European investors. One winner will win up to USD 500’000 in equity investment.

Criteria: –  less than USD 500’000 in capital investment – maximum 2 years since  founding date   – a product that is up and running on the market.  – a global project, potentially scalable at an international level.
How to participate? Invitation only. If you are interested in receiving an invitation please contact us at  [email protected]

– See more at: httpss://www.outbox.co.ug/blog/seedstars-world-tour-2014-press-release#sthash.G3b8LCho.dpuf

How it works
30 regional events: an exclusive one-day event where the best-in-class startups pitch their ideas in front of a regional jury panel.
Final event: the 30 finalists of the regional events will be invited to Switzerland to participate in a 4-day bootcamp and the grand finale where they will compete in front of an international jury and European investors. One winner will win up to USD 500’000 in equity investment.

Criteria: –  less than USD 500’000 in capital investment – maximum 2 years since  founding date   – a product that is up and running on the market.  – a global project, potentially scalable at an international level.
How to participate? Invitation only. If you are interested in receiving an invitation please contact us at  [email protected]

– See more at: httpss://www.outbox.co.ug/blog/seedstars-world-tour-2014-press-release#sthash.G3b8LCho.dpuf

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