After an exciting launch last month RLabs is now accepting applications for the Innovation Incubator & Accelerator 2013 cycle. We are looking for 5 social innovators who would like to take their idea to market and change the world doing so. The venue for incubation will be at the RLabs offices in Bridgetown, Cape Town and starts February till October 2013.
If you want to apply, send your idea via our contact page (describe in less than 200 words) by 17 December 2012. We will invite the most promising teams/ideas to present their idea on the 10 January 2013 to our panel where our selection will take place.
We will include in our decision making the amount we will invest which normally up to $20,000 for % equity in your company. The investment is a facility that you will have access to over the 9 months with RLabs.
We provide you with a desk/open space that you can use while in the Incubator. During the 9 month cycle we expect you to attend our weekly workshops and mentorship meetings. We will also invite experts to do special guest talks with all the start-up founders. You are also encouraged to be part of the Silicon Cape Network to leverage the resources and events hosted by this network.
The highlight of the incubation cycle is the RLabs Launch Day (next year to be held on the 10th October 2013) where all the startups are required to demo and showcase what they’ve been working on since inception. After the launch day RLabs continue to give advice and support but the access to the invest facility will end.
What are we looking for in founders are simple. We look for the “Crazy ones” who is innovative, highly motivated and not scared to take the risks (Experience and design flair is always welcomed). The ideas (which we believe will change) should at a minimum fulfill the following 3 criteria:
1) Idea that makes a social impact and leveraging mobile and internet technologies
2) Idea that have some insight into how to sustain the social impact and business
3) Idea that can be scalable and replicable
The ideal company would have 2/3 team members but we will consider one-person ideas. If you have what it takes message us here and tell us why you believe you should be in the RLabs Innovation Incubator.
RLabs have partnered with Bertha Foundation to launch an impact investment fund (Kukua Fund)to discover and invest in Africa’s high potential internet and mobile start-ups driving social change. The fund will provide micro investments to startups of up to US$25,000, human capital and mentorship, access to networks as well as business development. According to Marlon Parker, “We believe that Africa is alive with possibilities and that it’s filled with hidden “gems” of innovation that needs to be discovered. The Kukua Fund is therefore that impact investment vehicle uncovering the best Africa has on offer.”
What the Kukua Fund is really looking for is a crazy idea, strong team who is passionate about leveraging the power of mobile and internet technologies for social change. The Kukua Fund is an Africa-wide fund and welcomes applications from across the continent. For more information visit Kukua Fund and applications are now open for those seeking investments.
Presented a short presentation at an ICT incubator networking event in Port Elizabeth, South Africa talking about startups and lessons we can learn from Bruce Lee. Below is the presentation and the talk was inspired by another legend Sheraan Amod’s post “When Effectiveness trumps Efficiency”.
RLabs have a goal to innovate, break new grounds and make a positive difference in the lives of others. One of the RLabs initiatives is the Innovation Incubator and Accelerator where we grow and nurture social enterprises. One of the social enterprises, Uusi, have confirmed a partnership with Nigeria’s largest jobs portal Jobberman and one of the Forbes Africa top technology start-ups for 2012, for its launch on the Mxit platform (Africa’s largest mobile social network) to the Nigerian market. This exciting prospect of expanding beyond South Africa has always been part of the fundamental requirements for the RLabs incubated Social Enterprises.
Along with this wonderful growth opportunity, Uusi also reached some important milestones today and introduced new features after “soft-launching” less than 3 months ago:
– More than 1,000 mobile CVs and profiles are created per day (50,000+ registered job seekers)
– Uusi have passed 10 Million job views since going live
– The new interface allows for community members to place and seek for job opportunities.
– All seeker and placer engagement can now be managed via Uusi.
– Uusi users can build connections and grow their own network.
We will continue keeping you updated about Uusi and its growth into the rest of Africa.