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  • Here are 5 tips to make your biotech startup leaner

    Building a biotechnology startup is a lot like getting a private university education: To make progress, you have to get past the high-cost barrier to entry. First and foremost, biotech requires expensive clinical studies and the use of state-of-the-art manufacturing facilities. In fact, major pharmaceutical companies spend at least US$4-billion to develop a single drug. That’s not pocket change for the typical entrepreneur. But even biotech startups spend between US$20 000 and US$50 000 per patient on direct clinical trials. And with most Phase II trials requiring at least 200 people for each study, the costs quickly add up. In addition...

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    Top international fashion brands are a click away at Superbalist.com

    Attention all fashion lovers! Popular international fashion brands, Vero Moda and Jack & Jones, are now exclusively available at online fashion destination, Superbalist.com.  Gone are the days of being isolated from access to global trends as Superbalist brings you internationally coveted brands at the click of a button. Danish brand, Vero Moda, is one of Europe’s largest labels offering high quality, on-trend apparel at affordable prices. The range is chic and modern, and is about rebooting your wardrobe with basics and beautiful tailored pieces. You’ll find items that are perfect for a campus style reboot or a night out...

  • Safaricom Appwiz Challenge dubs Kenyan student news app winner

    Kenyan campus news startup Magazine Reel has won the Safaricom Appwiz Challenge -- an initiative by the major telecom to promote mobile developers in Kenya. Magazine Reel is described as a campus news site for students by students. The site has received over 250 000 visits per month, covering news, events, campus life, academics and sports, reports Techmoran. The app is currently available on Safaricom's app store. “While there are many people who still wait to watch the news every evening and read newspapers every morning, studies have shown that there are many tech-savvy youth who would rather access the news...

  • Microsoft Ventures expands into Nigeria with 88mph partnership

    Global tech giant Microsoft and African startup accelerator 88mph have partnered to officially bring the Microsoft Ventures programme into Nigeria. Headed by the Microsoft 4Afrika initiative, this move plans to improve startup productivity by providing relevant tools, resources, expertise and routes to market around the world. Last year October, Microsoft expanded its venture partnership programme into Kenya. Read more: Microsoft Ventures expands into Africa through 4Afrika “There is a great opportunity to further develop the startup ecosystem in Nigeria and drive innovation,” says Amrote Abdella, Director of Startup Engagement and Partnerships, Microsoft Africa Initiatives. “By expanding Microsoft Ventures into Nigeria, we hope to...

  • Startup 90: SA’s new accelerator looking for the startup recipe of success

    Startup accelerators are tricky things. The idea of putting together some business fundamentals for a company in a couple of months sounds crazy, yet startups the world over tend to thrive on it. South Africa, however, still needs to find that one recipe which compliments its specific local needs. Startup 90 thinks it's up to the task. The relatively new accelerator on the block is hoping to create a uniquely South African programme to help tech startups scale while staying relevant to their environment. Ventureburn sat down with accelerator founder Sandheep Ramluckan (pictured above), who explained that accelerator models...

  • Centre for Entrepreneurship hopes to eradicate poverty in Mpumalanga

    A new Centre for Entrepreneurship is being set up in Mpumalanga, South Africa in an effort to foster business activity and overcome poverty in the region. This comes as a welcome step in an effort to support one of the country's most impoverished provinces. Speaking at the Mpumalanga Provincial Small Business Summit on this week, Minister of Small Business Development Lindiwe Zulu said the community where the centre will be located was identified through a thorough needs assessment, low startup costs and the number of new potential business. As reported by SA News, the centre will be located at the Gert...

  • Built an app? Here are 5 clever ways you can distribute succesfully

    Your app is not alone. Right now, there are more than one million apps in the App Store, vying for users’ attention in nearly every category. Building a great product isn’t enough to make your app the next Angry Birds, and Apple knows it. Just last month, it introduced a Best New Updates section to improve the discoverability of apps long after their initial release. But to create a sustainable app, you need to build in solid marketing and distribution strategies to get your app into the hands of the people who need it most. Take Everpix, for example. When the...

  • How can online retailers optimise operations this Christmas season?

    With festive season shopping now in full swing, some online retailers are discovering too late that they can become victims of their own success. Too many shoppers, attracted by too good a deal, can slow a website down or even take it down for hours, resulting in lost sales and potentially worse -- reputational damage. In the price-sensitive South African market, shoppers are quick to respond to a special offer, which could backfire for the online retailer if its website isn’t reliable and rapidly scalable. Online shopping giant Amazon is popularly quoted as saying as little...

  • Innotribe Startup Challenge seeking Africa’s top fintech talent

    Africa has a knack for financial startups. Now, to captalise and promote this growing sector, renowned global financial tech conference Innotribe Startup Challenge 2015 is coming to the continent. The Society for Worldwide Interbank Financial Telecommunication’s (SWIFT) is hoping to find Africa's most talented fintech startups at the African Regional Conference (ARC) happening May 2015 in Cape Town, South Africa. The Innotribe Startup Challenge 2015 will host tech startups financial service experts, angel investors, venture capitalists, and global leading fintech and financial decision-makers -- the whole shebang. Over 500 industry experts will judge the companies that have applied, ensuring that the...

  • African VC activity shows impressive spike in 2014

    It's been a good year for Africa's startups. In terms of investment activity at least, data from one of the world's most comprehensive startup databases, CrunchBase, shows that there's been a huge increase within the last year, highlighting confidence. With big investments from the likes of Naspers and Rocket Internet (or its African arm African Internet Group), the Nigerian ecommerce space makes up most of 2014's fourth quarter activity, amounting to US$193-million (over R2.2-billion)! Possibly gearing up for the end-of-year shopping season, in October Nigerian ecommerce player Konga announced it secured US$40-million from South Africa's Naspers. One month later, its competitor...

  • Just how badly does your startup need that investment?

    Quora raises millions (both dollars and questions). Facebook buys WhatsApp for billions. Uber gets another trillion in investment and is now "worth" a quintillion. Or a brazillion. Who knows? The news in the entrepreneurial scene, especially in tech, is usually loud and involves big numbers. It is so easy to get swept up in this frenzy that I've seen many a business builder spend more time at events than on making his or her own company something worthwhile. And goodness knows I've been there too. The main realisation is that most of the news is around the outliers, those who...