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A RISING INTERNET ECONOMY
52% of Africans have accessed the Internet !in the last 4 weeks = on par with Brazil & China.!(McKinsey 2012)
AFRICA
SUB-SAHARAN AFRICAThe fastest growing mobile market in the world. (GMSA 2013)
SOUTH AFRICAInternet economy to grow 40% annually until 2016
Huge Potential - Lack of Skilled Execution
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LOCAL VENTURE ECOSYSTEM: PART 1
The Internet venture ecosystem in South Africa is developing fast!!- Entrepreneurs, investors, and talent pool are heavily concentrated in Cape Town.!- The “Silicon Cape” movement has driven interest in the space, locally and abroad.!- Experienced international entrepreneurs are choosing to start Internet businesses in South Africa.!- Local technology and media giants are buying startups, as well as global companies entering South Africa.
A strong, supportive ecosystem is essential for success for Internet ventures. South Africa, and in particular Cape Town, has grown dramatically in just a few years. This trend is set to continue.
INVESTORS TALENT EXIT PATHS
STARTUP VENTURE CAPITAL INVESTMENT IS UP
INCREASINGLY SKILLED TALENT IN TECH
GROWING TRACK RECORD OF EXITS
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THE ANSWER “Create a unique South African venture building company that pursues growth business
opportunities in Internet, media and technology with world class execution and risk management.”
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VISIT US
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[email protected][email protected]!www.springlab.co
CONTACT US
ABOUT!!Springlab is a technology incubator and Joint Venture partner headquartered in Cape Town, South Africa.