South African tech startups have an opportunity to gain international exposure and access to global markets following the launch of the Irish Tech Challenge South Africa.
A collaboration between the Embassy of Ireland in South Africa, the Department of Science and Innovation (DSI), the Technology Innovation Agency (TIA), and Impact Amplifier, the Irish Tech Challenge South Africa aims to create mutually beneficial partnerships between Irish tech expertise and South African tech entrepreneurs to help drive innovation, job creation and inclusive economic growth in South Africa.
The organisers want to accelerate high-potential tech entrepreneurs in South Africa who are ready to scale globally and enhance their impact but face challenges such as limited resources and lack of access to the appropriate global networks and infrastructure. Primary consideration will be given to businesses owned and run by women, youth, and members of historically disadvantaged communities.
Up to five tech entrepreneurs will embark on a fully-funded 10-day curated business networking programme in Ireland, one of the world’s fastest-growing tech hubs, where they will access the expertise of Irish tech leaders, get the opportunity to build their networks in Ireland, Europe and South Africa, and receive funding support of up to EUR10,000 (US$11,000) each.
Colm Brophy, Ireland’s minister for overseas development aid and diaspora, said initiatives like the Tech Challenge were important for future development and generations to come “to create new connections, new bridges, and new opportunities between our peoples”.
“We see a great opportunity for partnerships in sectors that support economic and social progress, such as clean-tech, agri-tech, med-tech and education-tech. We also see an opportunity in the Tech Challenge to engage with our diaspora communities, working in the tech sector in both Ireland and South Africa,” he said.
Applications are open now until April 5.