FEM-IN-TECH
DEVELOPMENT PROGRAMME

APPLICATION DEADLINE: JUNE 30TH, 2021

BACKGROUND
The Small Enterprise Development Agency (SEDA), in collaboration with the SA Innovation Su BBmmit, bring you Season 2 of 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 ññ 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

RAINING

Female entrepreneurs across the country are invited to the online provincial training days hosted by business mentors covering:

Business model canvas

Pitch training: preparing a pitch to potential funders

Digitalisation & procurement

Dates for the training days will be announced in June 2021.

FEM-IN-TECH CRITERIA

A panel of evaluators will review all the applications and make a selection based on information provided in the application form. The Top 50 applicants will submit a 3-minute video pitch to be evaluated by a panel of expert judges to select the Top 20 Female Founders.

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?

RAINING

Female entrepreneurs across the country are invited to the online provincial training days hosted by business mentors covering:

Business model canvas

Pitch training: preparing a pitch to potential funders

Digitalisation & procurement

Dates for the training days will be announced in June 2021.

FEM-IN-TECH CRITERIA

A panel of evaluators will review all the applications and make a selection based on information provided in the application form. The Top 50 applicants will submit a 3-minute video pitch to be evaluated by a panel of expert judges to select the Top 20 Female Founders.

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?

APPLY NOW

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