The 2nd phase of the South African edition of FemBioBiz Acceleration Programme concluded on Friday last week in Cape Town, with four female bio-entrepreneurs selected to represent SA and Lesotho at the annual SA Innovation Summit to be held in September.
A programme initiated by NEPAD SANBio, supported by the Finnish - Southern African Partnership Programme, BioFISA II, the FemBioBiz programme attracted over 500 female entrepreneurs and students doing (or envisioning) business with biotechnologies and other technologies in health or nutrition from 8 SADC countries.
With the aim to create a network of women bioentrepreneurs in the region by providing support to entrepreneurs for acceleration of their businesses, the programme is run with a 3-phased approach.
In South Africa, from the 15 participants that were trained during phase 1, only 10 were selected to participate in a two further boot camps focusing on key aspects of business development.
The businesses that emerged victorious were: vertical farming products and consultancy company Sibayeni Metrofarming run by Samkelisiwe Chunda, Karen Vosloo’s clay skin product manufacturing company Skin Clays, Lesotho native fruit and vegetables preserve company Limomonane Products by Lipuo Nkholi, and fish scale biopolymer manufacturer Nomahlubi Nazo’s start-up.
Facilitated by the Africa Women Innovation and Entrepreneurship Forum (AWIEF), the four winners each will receive marketing consultancy services from AfricanRedhead; business case consulting from Tinodiwanashe Kujenga; professional image, digital and pitch consulting from Kudakwashe Kuzviwanza as well as Florian Akinbiyi; and coaching from International Coach Federation's Trish Neill. Lastly, participants will also get to study four world class online courses of their choice. What is more, following the win, one of the winners is already in discussions with an angel investor.
For updates and results from the other participating countries as they become available, visit our FemBioBiz Season 2 pages.