Seed Engine is a start-up accelerator, launched in 2012, that aims to coach and mentor entrepreneurs into becoming world class leaders and efficiently and successfully operate their kickass ventures. The experienced team of venture capitalists, coaches and psychologists run 2×12 week accelerator programmes per year, each consisting of a maximum of 10 startups. The startups we look for generally haven’t launched yet… They’re ideas in alpha or beta stages of development.
We look for strong teams of co-founders to work with over the 12 weeks to build investable businesses run by visionary and dynamic leaders. At the end of the 12 weeks, we take them through to a Demo Day, where they get to pitch to over 100 investors at a time. Entrepreneurs choose Seed Engine because of the strength of the mentorship and coaching programme, access to networks, access to capital as well as because we provide them with R100 000 seed capital in return for 20% equity. We look for startups that display the strongest teams that can execute and implement their highly innovative, disruptive and scalable businesses into becoming world renowned companies.
"Your financials work in excel, your business works in the real world!"
- Marc Elias
"Anything is possible when you step out of your comfort zone"
- Jacqui Meyersfeld
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"If you don't get the ball in the hole, you have no chance of featuring on the score board."
- Jeff Miller
6 December 2013
The Seed Engine class of Q3’13 pitched at Demo Day last week Wednesday. The latest programme included 6 high growth and innovative startup ventures that were selected against more than 1000 applications. The ventures pitched to over 100 investors.
Says Marc Elias, CEO of Seed Engine, South Africa’s first startup accelerator, “The latest batch of startup ventures were of an extremely high calibre. The feedback from the investors at the event was fantastic and many of them have secured meetings with the entrepreneurs to discuss their ways forward”.
Straight after Demo Day, each of the ventures attended a post-accelerator-bootcamp hosted by GIBS and sponsored by ABSA to help ground them and keep up the momentum.
Entrepreneurs are undergoing coaching, mentoring and have been provided with work space and support and an opportunity to grow their concept into a business. They will continue to work from the Seed Engine offices into 2014 which will undoubtedly enhance their chances of success!
Each of the ventures did us proud – pitching with passion, sense and confidence. Each of them have received communications from investors in the audience looking to potentially get involved at this early stage. It was a fantastic event, followed by a class celebration at a restaurant down the road!
Seed Engine also launched Desk Engine the same day. Desk Engine allows any entrepreneur to come work from the awesome Seed Engine office space – check it out! Places are limited and just about full already, but we’ll do what we can to help you! Contact Aimee for more details!
Check out the quick video for some inspiration before you apply for the next programme starting 4 July 2014 What happens in Seed Engine!!!!!
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164 Katherine Street, Pinmill Farm Office Park, Building 2, Johannesburg, South Africa
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Photography by Andrea Shapiro Photography.