Three African entrepreneurs have been named among the finalists of The Venture, Chivas Regal’s global search for the world’s most promising entrepreneurs.
In no particular order, the three finalists and their startups are described below.
Angel Adelaja from Nigeria, CEO/Founder of Fresh Direct Produce and Agro-Allied Services
Fresh Direct Produce and Agro-Allied Services is an agricultural production and processing company that manufactures equipment to improve agricultural yields and provide exquisitely grown organic fruits, vegetables and meat using advanced technologies.
The company promotes inclusion of technology for small farmers to boost their yield and income.
Felisberto Capamba from Angola, co-founder of Habitec
Habitec is a company that produces high-quality desks, chairs and other wooden fittings to meet the growing demand of Angola’s expanding school system, using the large population of eucalyptus trees in Huambo.
In addition to providing a growing population with access to school equipment and furniture, Habitec also include local communities in the replantation of new trees.
Jaco Gerrits from South Africa, CEO of CrashDetect
CrashDetect is a smartphone app, which automatically detects a serious car crash, pinpoints the location, immediately dispatches the nearest ambulance and supplies paramedics with lifesaving information.
The app offer various value added benefits as part of our subscription packages, looking after the safety, security and legal needs of our members whilst on the road.
The three entrepreneurs, alongside the 24 other finalists, will participate in the Accelerator Week of the competition, where they will sharpen their business skills through a variety of intensive business master-classes at world leading businesses.
The public will be allowed to vote for their favourite entrepreneurs after the Accelerator Week to determine how US$250,000 of the US$1 million prize money would be distributed among the finalists.
Thereafter, the finalists will pitch to an expert judging panel and a live audience of influencers and change makers at the global finals of the competition for a share of the remaining US$750,000. The finals will take place in July 2016 at a yet-to-be announced venue.
The finalists were selected from a pool of over 2,500 entrepreneurs that applied for the competition from around the world.
At the inaugural The Venture competition held in San Francisco, South Africa’s Lumkani, which designed an innovative tech-driven fire detector, won US$75,000.