Seedstars World, the global seed-stage startup competition for emerging markets and fast-growing startup scenes, is accepting applications for its event in Tanzania.
Aptly called Seedstars Dar Es Salaam, the event will provide a platform for the most promising startups in the country to slug it out for a chance to emerge winner.
After the application period, up to 10 seed stage startups will be invited to pitch to a jury who will select the best startup.
The winning startup will be crowned the most promising seed-stage startup of Seedstars Dar Es Salaam 2016 and receive the sole ticket to represent the country at the global finals of the event in Switzerland.
At the global finals, the startup will join the global Seedstars Family and take part in the regional and global Seedstars Summits that include a tried and tested bootcamp and investor forum.
The Summit will end in a pitch session, where the startup will compete with other amazing startups from across the world for a chance to emerge winner and win up to US$1.5 million in equity investment prizes.
“The startup ecosystem in Tanzania has been growing exponentially and so does the quality of the startups themselves. We are looking forward to see what awaits us in this exciting place and cannot wait for our event on the 24th,” said Selam Kebede, Associate at Seedstars World.
The competition is open to Tanzanian startups that are less than 2 years old, have raised less than US$500,000 in funding and have built a minimum viable product, ideally with existing traction.
Applications will close on September 16, 2016. The selected startups will be invited to pitch on September 24, 2016 at Buni Hub, which is located in the Tanzania Commission of Science and Technology Building.
The event is organized in partnership the Ministry of Works, Transport and Communications through TANZICT and ICT Commission, Buni Hub, Swiss Embassy and others.
“It is our effort to see that startups in Tanzania gets the attention they need from the Government. In achieving that goal, we are supporting Seedstars this year because we need to give exposure to our Tanzanian startups to get International attention,” said Eng.Clarence Ichwekeleza, Director for Communication services – Ministry of Works, Transport and Communications.