Does your business/startup have enough Traction to get you a seat on the TractionBus?
TractionBus is a mobile start-up pitching competition for African businesses/startups. The TractionBus will be visiting 5 hubs in Gauteng to expose entrepreneurs to the startup ecosystem and the different offerings by the different hubs. The hubs will have 5 entrepreneurs allocated to each and only one entrepreneur in each hub gets a seat on the TractionBus. The 5 winners from the 5 hubs will then participate in the finale for potential investment at #THUDfest2015 on the 18 November at 16:00 in front of investors and mentors. The purpose of the TractionBus is to connect, expose and celebrate the startup ecosystem participants as well as exposing entrepreneurs to the different offerings by each ecosystem participant.
StartUp Edge, the competition organisers, have partnered up with 5 hubs to ensure that entrepreneurs from different industries have access to resources, incubation and mentorship provided by these hubs. The five hubs are; The Innovation Hub in Pretoria, Riversands Incubation Hub in Midrand, BizFarm also in Midrand, Alphacode in Sandton and Sophiatown Green incubator.
The winning entrepreneurs will get prizes in excess of R200 000 in terms access to office space, mentorship and support to access markets and funding.
Participants can enter online by filling out the entry form on the StartUp Edge web site, and the main requirement is that the Business/startup must be less than two years old.
Entries will close on 31 October. 25 finalists will be announced on 4 November, the finalists will have to attend a pre-competition training on 11 November. The competition will happen the following week, 18 November starting at The Innovation Hub in Pretoria and ending off at Sophiatown Green Incubator before heading to the finals at THUDFest. The public is invited to come to the finals at THUDFest to engage with the hubs and investors present on the day.
To learn more about the TractionBus or StartUp Edge please use the contact details below.
011 050 1398
Ensly Dooms, also known as Urban Enzo, has always been a big dreamer. His passion for music, travel and determination to succeed in business has led to the launch of his own earphone range called Gold Khromo by Urban Enzo.
The 25 year-old originally hails from Eldorado Park in Johannesburg South, a community stricken with poverty, drugs and unemployment. His surroundings in this environment did not hamper his entrepreneurial drive.
“Having my own earphone range has been a dream in the pipeline for the last two years. I have always been critical as to how I want music to sound, from the clarity to the bass and to the design – but I could not find one that matched my requirements,” said Enzo.
The lightweight Gold Khromo offers superb sound quality at every frequency and has a premium design to match. The earphones are sleek and stylish with luxe finishes of gold and metal on each side. Khromo also features a bullet design made out of metal, copper and mesh. It has a 56 core wire with four professional-grade balance pins allowing the music conduction rate to be close to perfect at 99.9998%. It also features a gold plated 3.5mm plug and noise-cancelling technology.
Enzo wants to be a role model to the youth in his community. “I want to show them that irrespective of your background, anything is possible with hard work and determination,” concludes Enzo.
Fact Sheet: Gold Khromo by Urban Enzo
Watch out for Urban Enzo as he has a lot more to offer in the future. Gold Khromo is the first offering in the Khromo product range. You can purchase Gold Khromo by Urban Enzo online at www.shopgoldkhromo.ecwid.com
In a statement released earlier this afternoon, Apple officially announced its acquisition of Beats By Dr. Dre for a total $3 billion, of which $2.6 billion will be cash up front and $400 million in stock. The purchase consists of Beats Music, its subscription-base streaming music service, as well as Beats Electronics, the maker of Beats headphones, speakers, and audio software.
First reported by the Financial Times , there were rumors of the deal in jeopardy, especially after Beats By Dr. Dre’s co-founder, hip-hop artist Andre Romelle Young (aka Dr. Dre), released an obscenity-loaded online video confirming the acquisition.
“Music is such an important part of all of our lives and holds a special place within our hearts at Apple,” said Tim Cook, Apple’s CEO. “That’s why we have kept investing in music and are bringing together these extraordinary teams so we can continue to create the most innovative music products and services in the world.”
“I’ve always known in my heart that Beats belonged with Apple,” added Jimmy Iovine, who co-founded Beats with Dr. Dre. “The idea when we started the company was inspired by Apple’s unmatched ability to marry culture and technology. Apple’s deep commitment to music fans, artists, songwriters and the music industry is something special.”
Image: Beats By Dre