New partnership to give Joburg start-ups leg-up
A tripartite partnership will give start-up businesses in Johannesburg technological support, business know-how and access to potential investors and business networks.
The partnership programme, Microsoft’s BizSpark initiative, is an investment programme offered by the University of Cape Town, together with local venture capitalists AngelHub’s Find-Make-Grow-Realise (FMGR) initiative.
BizSpark aims to increase entrepreneurial success in the country by giving local start-ups the tools they need to develop into large sustainable businesses.
It will provide start-ups with access to software development tools, connect them with key industry players and provide the marketing visibility that they will need.
AngelHub’s FMGR initiative will build the business skills and network connections of the start-ups. AngelHub will also offer its Startup Cultivator programme, which will teach business-building skills, create relevant business networks, provide access to funding and enable the start-ups market access opportunities.
AngelHub states that truly successful start-ups are built on cooperation and the spirit of sharing, especially in terms of knowledge and experience.
The partnership between BizSpark, FMGR and the Startup Cultivator programmes has the combined resources and experience needed by many young high-growth potential business entrepreneurs who are keen to learn and use the tools available to accelerate their growth, while avoiding the many pitfalls that hinder them from reaching their real potential.
The partnership will provide access to Windows Azure – a flexible comprehensive cloud platform for the creation of Web appli-cations and services.
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