Seedstars Is Coming To Douala To Find The Best Startup in Cameroon

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Geneva, Switzerland, 30th September 2019 - Seedstars World, the largest startup competition for emerging markets and fast-growing startup scenes is coming to Cameroon for the 3rd time. With the support of the local host ActivSpaces, Seedstars will be holding a dynamic  Pitch event on 11th of October, 2019 , at 4 pm. 

The companies invited to the training session and to privately pitch at the Seedstars Douala event need to have raised less than USD 500k in funding and built a minimum viable product, ideally with existing traction. The Seedstars team is searching for one additional criterion: the startup’s regional and global scalability. 

Besides representing Cameroon at the Seedstars Regional Summit, the winner will get a chance to compete to win an all-inclusive trip to Switzerland, to compete at the Seedstars Summit for the title of Seedstars Global Winner and up to USD 500,000 in equity investments and other prizes

The applications are open until 2nd of October 2019 and startups are invited to apply at https://www.seedstarsworld.com/event/seedstars-douala-2019. After a careful screening, the Seedstars team will shortlist around ten of the best seed-stage startups in Cameroon to pitch on the 11th of October for the opportunity to compete at the Seedstars Summit, that annually takes place in Switzerland. Companies with women as founders or co- founders are highly encouraged to apply.

“We are very excited to come back to Cameroon for the 3rd time! The stakes are higher than ever as we’ve been in this ecosystem for years now and know there are companies in Cameroon developing high-quality products. We are looking for the best and asides attending the Africa regional summit, they have an opportunity to be chosen to represent Africa at the global summit in Switzerland in 2020!”, says Claudia Makadristo, Regional Manager for Africa at Seedstars.

In order to provide local entrepreneurs with this opportunity and aiming to deliver the best possible event, Seedstars is closely working with Steve Tchoumba, who is representing the initiative throughout the year. "The opportunity that Seedstars offers entrepreneurs is enormous. As a tech ecosystem builder in Cameroon, ActivSpaces is proud to be the local ambassador. For the 3rd consecutive year of running the bootcamp and the pitch event in Douala, we can't wait to share the best startups that Douala has to offer" explains Steve Tchoumba, Founder at Activ Spaces. 

Additionally, DOEN partnered with Seedstars to launch the DOEN Land Restoration Prize, in order to find and award the best tech(-enabled) solutions in the land restoration and land degradation space on the continent.

ABOUT SEEDSTARS 

"They tried to bury us, they didn’t know we were seeds." - Mexican proverb 

Seedstars is a Swiss-based private group of companies with a mission to impact people’s lives in emerging markets through technology and entrepreneurship. The groups’ activities cover over 80 emerging ecosystems through a variety of events such as the Seedstars World Competition, acceleration programs, physical hubs called Seedspace, venture capital investments and company building activities. 

ABOUT SEEDSTARS WORLD COMPETITION

Seedstars World is the world's largest startup competition in emerging markets. For the past six years, Seedstars Teams travel around for a 9-month world tour and scout for the best early-stage startups in 65+ countries, organizing 100+ events. One winner is selected to represent each country visited, and is invited to attend one of the 5 Regional Summits, reuniting all local winners of each region to network with regional investors, mentors and corporates. Local winners are also awarded the chance to represent their countries at the Seedstars Summit, the competition’s final happening in Switzerland, where startups compete for up to $500,000 in investment. The Seedstars Summit is the flagship event of Seedstars, filled with breakout sessions, panel discussions, specialized workshops and the best minds from emerging markets.

CONTACT

Media Relations, Seedstars

Laura Eboa Songue

laura@seedstars.com