Fem-In-Tech Online Training

Training Date: From 1 July, 2021 to 31 August, 2021
Venue: Online, Global
Training Provider: SA Innovation Summit

The Small Enterprise Development Agency (SEDA), in collaboration with the SA Innovation Summit, brings you Season 2 of Fem-In-Tech – a female-focused entrepreneurship development program 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 program, 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 program, the women will be equipped with the skills to pitch 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.

Eligibility

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 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?