October 2009 Blog Posts (42)

Silicon Cape team meets with the Minister of Science & Technology

Partial cross-post from: http://www.justinstanford.com/2009/10/more-silicon-cape/

Yesterday, myself and the team at 4Di Capital SA, Andrew and Erik, who together with Vinny and Laurie, are basically the entire interim steering committee for the Silicon Cape Initiative, met with the Minister of Science and Technology Naledi Pandor. She wanted to see us to hear all about it, and find out what government could do to… Continue

Added by Justin Stanford on October 30, 2009 at 10:50 — 4 Comments

Mytrade the Best Auction Website in South-Africa?

Hello Mytraders!

For those late bloomers who's slow on catching the latest news, Mytrade have been nominated in the 2009 South African E-commerce Awards in the "Best Auction Website" category. We would really appreciate a few seconds of your time to help us win this cool award. (Voting is only open until 30 October 2009).

The person to submit the most votes wins a New H2 Hummer! just kidding, but seriously, you don't even need to register. Now go to:… Continue

Added by JP van der Spuy on October 29, 2009 at 15:00 — No Comments

Independent leaders make Cloud offering for Accounting

San Fransisco, 26 October 2009: GoPC.net the world's leading independent provider of Cloud Computing and Cape based TurboCASH Accounting, the world's leading Open Source Accounting package for small business have jumped in ahead of industry giants and announced the first entry level Accounting SaaS solution for Cloud computing.

Graeme Speak, CEO/Founder of GoPC.net made the announcement, “The roll out with…

Added by Philip Copeman on October 29, 2009 at 9:30 — No Comments

Bringing Payments Up to Date

In terms of the National Credit Act, creditors are obliged to propose to a consumer in default under a credit agreement, to refer the agreement to a Debt Counselor to develop and agree on a plan to bring payments up to date.

We will assist individuals who are in a situation of not being able to honor their monthly credit agreements and account payments by reviewing their financial situation and establish if the debt review program is the best solution.

We are passionate… Continue

Added by CraigRoss316 on October 29, 2009 at 9:29 — No Comments

UCT expo showcases student developed technologies to the public and investors

UCT students aim to revolutionise public transport

The 2010 Soccer World Cup has accelerated South Africa’s need to improve its public transport system which has led a team of students from the University of Cape Town to design a computer system to revolutionise the lives of commuters.

Every year the Department of Information Systems (IS) at the University of Cape Town hosts an Expo to showcase computer applications developed by senior students and also give angel… Continue

Added by Justin Stanford on October 27, 2009 at 13:04 — 1 Comment

Paul Graham: 18 Mistakes That Kill Startups & What Startups are Like

Paul Graham is part of YCombinator (a USA venture capital firm).

He has written a number of posts that I thought applicable to my fellow Silicon Cape Members. I hope you find the links useful.

The 18 Mistakes That Kill Startups: http://www.paulgraham.com/startupmistakes.html

What Startup Are Really Like:… Continue

Added by Abrar Ahmad on October 26, 2009 at 10:00 — No Comments

She’s The Geek Presentaion at Women’s Conference

This post was written by Craig Ross and taken directly from http://kingross.co.za

Impact Direct Ministries hosted a women’s conference on Saturday, 17 October 2009 from 9am-1pm at Ratanga Junction. The theme was : You have the key in You” Educate, Empower & Conquer” There were 3 amazing women speakers one of them was a Reconstructed graduate Monique Theron.

Monique’s talk was on the facts… Continue

Added by Monique Theron on October 23, 2009 at 12:19 — No Comments

Manifesting Silicon Cape

Participating (remotely via Twitter) in the Silicon Cape Initiative's launch event I was left motivated and with this to tweet: "Certainly feeling inspired & proud to be a Cape Town entrepreneur/geek". Reflecting in the days that followed and reviewing the morning's tweets, I acknowledge a certain perspective.

I firmly believe that Silicon Cape as an initiative has potential for success if there is less focus on making returns and more on getting on with creating great things… Continue

Added by Stephen Tredrea on October 23, 2009 at 11:46 — No Comments

Innovation needs more than ideas

I've been amazed at the sudden growth in interest among large organizations in what i call Workforce Innovation. It seems that in these tight economic times the executive are trying to extract as much value as they can from the resources on their doorstep; the workers.

The funny thing is that this is no new phenomenon, we've seen it all before. Most organizations, public and private, have at some time asked their workers for ideas on how to improve the business, and nearly all have… Continue

Added by Dele Sikuade on October 23, 2009 at 11:24 — No Comments

Innovation: quo vadis South Africa

[Oct 22, 2009, www.techcentral.co.za] South Africans are known for taking unnatural risks every day, they are resourceful and have a healthy can-do attitude. The country has shown a remarkable propensity for innovation on a grand scale in the past – the world’s first heart transplant in Cape Town in 1967, the development (and dismantling) of a nuclear weapons programme in the 1980s and Sasol’s commercialisation of oil-from-coal technologies are a few… Continue

Added by Mark Pretorius on October 22, 2009 at 18:00 — No Comments

What Rights do I Have Before a Credit Provider Repossesses My Goods?

Before a credit provider seeks permission from a court to repossess your possessions, as away to enforce the debt, the credit provideris required to give you prior written notice,informing you of the options available to you,namely:

• Seeking help from a debt counsellor;

• Seeking help from an alternative dispute mechanism; or

• Bringing your payments up-to-date. You have the right to reinstate the agreementby paying all overdue amounts, includingdefault charges… Continue

Added by CraigRoss316 on October 21, 2009 at 15:13 — No Comments

What does strategy really mean?

The term "Strategy" is bandied about so much today that I think it’s lost it’s meaning. Like "synergy" and "cohesion" and "think outside the box" before it, "strategy" can be found in any game of boardroom bingo across the planet. They’re the words we use when want to convey any manner of idea and we all think that we have a common understanding of the word.

I’ve witnessed situations where the word strategy has confused the heck out of meetings: some people believe it includes the… Continue

Added by Kelly Ledger on October 21, 2009 at 14:37 — No Comments

Cheaper cellphone rates for your business

Managing or owning a call centre (or business) can be an expensive exercise in South Africa. The telephone bill is the most expensive costs incurred.

Virtucall can help you save on telephony cost! You can pay as little as 90 cents per minute, per second billing.

Virtucall is South Africa’s alternative voice provider, offering Voice over Internet Protocol solutions to the corporate market. Broadband Phone Service uses Voice over Internet Protocol technology to allow users… Continue

Added by Tebogo Tlhopane on October 19, 2009 at 18:35 — 2 Comments

Sales Magic Call Centre Partner Program

Sales Magic for your Call Centre Partner Program opportunity. With Sales Magic Call Centre opportunity you will make R3 million ($375 000) on your first year, guaranteed. How? Sales Magic Call Centre Partner Program includes Agents, Call Centre Technology, Call Centre Infrastructure, Products to sell, Customer leads and many more, basically we give you a Call Centre business in a box which make virtually impossible not to make money.

You don’t even have to have the knowledge of how… Continue

Added by Tebogo Tlhopane on October 19, 2009 at 13:43 — No Comments

South Africa already has the best IT tax investment incentives in the World

“South Africa already has the best IT tax investment incentives in the World.” This is the opinion of Philip Copeman, Project leader of the TurboCASH Accounting project. Copeman is responding to the call by Johan Rupert and Vinny Lingham of the Silicon Cape initiative for a tax-free zone. “It is not a change of tax legislation that we require, but a change of attitude”, said Copeman.

“Section 11(D) of the Act makes for a provision of 150% write off on software development expenditure… Continue

Added by Philip Copeman on October 16, 2009 at 0:58 — 12 Comments

Clarity on next steps

Hi guys

Well done on your launch. Sorry to ask the cynical questions, but hope it sparks debate....and clarifies things for those who may not wish to be so blunt. I welcome your feedback and input. Thanks.

I am confused about what you wish to achieve? What is your business model to grow and fund this? Sponsorship feels paternal rather than value adding entrepreneurs that business is willing to back - i.e. an investment.

If you plan to nurture great ideas -… Continue

Added by Tim Straw on October 16, 2009 at 0:26 — No Comments

VC challenges in SA, a few thoughts

Enabling Regulatory Environment

Is it viable to provide incentives to institutional investors, e.g. pension funds, to promote investment into VC Funds?

How can the enforcement of ExCon regulation be adapted to promote the globalisation of South African based VC investments?

What other Government actors need to be involved in these discussions?

Public Sector NSI as feeder into VC pipeline

The linkage and relationship between public sector National… Continue

Added by J-P Fourie on October 15, 2009 at 11:44 — No Comments

CONGRATS - What about a Silicon Cape Fund ?

Well done Justin, Vinny, Mr Rupert and all those behind the scenes.

This is truly a remarkable event and something to be very proud of.

May your visions and dreams be more than met!

Cheers Rob

Silicon Cape Fund

As we all know - the amount of work to get capital for any venture/startup is enormous and it would

be great if a fund was put together (open to the public) to get a plethora of investments in

diverse startups etc within the Silcon Cape… Continue

Added by Rob Nagel on October 15, 2009 at 10:00 — 2 Comments

Haibo to Hummba.com

There's a social networking and mobile application out there that gives independent tourists another tool to stay in touch and enhance their travel experience. Users download the app for free and can search for friends, update their status and location live and take a "Footprint" - a feature that let's you track your travels and geo tags all the pics you've taken en route to share with your friends or the Hummba community. It's the ultimate virtual travel for mates anywhere in the world, and… Continue

Added by Taryn Springhall on October 14, 2009 at 10:51 — No Comments

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