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SAB Foundation Tholoana Enterprise Programme graduates create new jobs –

68 businesses within the SAB Foundation Tholoana Enterprise Programme collectively recorded a 31% increase in turnover growth and created 169 new jobs.

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According to reports, 68 businesses within the SAB Foundation Tholoana Enterprise Programme collectively recorded a 31% increase in turnover growth, created 169 new jobs, and sustained 483 jobs. This indicates that the programme is positively assisting SMEs in their growth even during the pandemic.

SAB Foundation Tholoana Enterprise Programme graduates create new jobs

Bridgit Evans, Director of the SAB Foundation highlights the importance of supporting entrepreneurial growth in the country and the exponential growth displayed by the programme’s participating entrepreneurs.

“Entrepreneurs are crucial to the growth of our economy, and developing them is essential to create jobs and uplift historically disadvantaged members of our society. During one of the toughest economic times in recent history, we have been inspired by these entrepreneurs who made the commitment, and in many cases, pivoted their businesses, to not only survive, but indeed in many cases, grow. Seeing them being able to flourish gives us hope for the SME sector and we were both amazed and inspired to find that 100% of them survived last year. It shows that with mentorship and guidance entrepreneurs can be given the tools and the confidence to build sustainable business and create jobs.”

Recognising SMEs

Graduates of the programme were recognised for their achievements at a ceremony held earlier this month.

The grand prize, the Tholoana Award, was awarded to Sabelo Lindani, the owner of Contour Enviro Group based in Somerset West, Western Cape. Sabelo Throughout the programme, Sabelo demonstrated commitment to driving his business forward, experienced exceptional growth performance (92%), and showed potential for future growth.

The Contour Training Academy (CTA) specialises in environmental support services, such as capacity development and environmental consulting. Sabelo’s team manage quality management administration, environmental education and provide project assistance in the environmental and tourism sectors.

Lindani comments on receiving the award.

“It’s been an incredible journey for me. Entrepreneurship is exciting and scary at the same time. The assistance and support we received on the programme helped us refocus. What really helped me was having a mentor who would not let me give up, even when I wanted to. The growth in my business has been wonderful. We started on the programme with three employees and now we have 55,”

According to the SAB Foundation Tholoana Enterprise Programme, all 68 of the participating businesses generated jobs and grew during the pandemic.

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Source: https://ventureburn.com/2021/05/sab-foundation-tholoana-enterprise-programme-graduates-create-new-jobs/

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Augmental Technologies courts investors for Tracto mental health app

Healthtech startup Augmental Technologies is engaging with investors to accelerate the development of Tracto, its app for neurodiverse children.

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Healthtech startup Augmental Technologies is engaging with investors to accelerate the development of Tracto, its app for neurodiverse children.

The South African startup’s app lets parents and teachers track the treatment progress of neurodiverse children and children with anxiety.

The app is already available on app stores. Multiple education institutions have also implemented the app.

Since its launch, over 200 parents have adopted Tracto to manage their children’s health care.

“We are actively engaging with investors to participate in our seed funding round,” Augmental Technologies Co-Founder, Michael van der Linde, said in a statement.

“The funding will be used to accelerate our product development and commercialisation initiatives including expanding our global footprint.”

Tracto app supports parents with neurodiverse children

In 2019, Augmental Technologies collaborated with parents, teachers, and health care providers to find out if technology could assist neurodiverse children who have ADHD or who are on the autism spectrum, as well as children with anxiety.

“Our mission is to build a digital health platform that transforms the way parents, teachers and care providers work together to support children on their mental health care journey,” Van Der Linde explained.

Tracto launched in July 2021 after the startup ran pilot groups in South Africa and Canada to refine it.

The startup also received pre-seed funding at the start of the year.

The app is available to download on the Google Play Store and Apple App Store.

Tracto lets parents and teachers collaboratively track care symptoms and concerns of children.

They can also use the app to set up reminders for medication, activities, and assessments.

Care providers such as paediatricians and therapists can also use the care history captured on the app to make appropriate decisions.

Since its launch, over 200 parents have adopted Tracto to manage their children’s healthcare.

Two Cape Town schools, Shelanti Private School and Table View Primary School, also use the app to collaborate with parents.

“This is a great milestone for us, but only a small step in what we are ultimately planning,” Augmental Technologies Co-Founder, Herman Lintvelt said.

The startup plans to add one of two new Parent Training programs to the app later this year.

“Investors are invited to get in touch with us and discover how we can work together to accelerate our development and commercialisation,” Lintvelt added.

Read more: Local investment platform launches grant funding for SA edtech startups

Read more: Cape Town healthtech Aviro secures funding

Featured image: Santi Vedrí via Unsplash

“The funding will be used to accelerate our product development and commercialisation initiatives including expanding our global footprint.”

Source: https://ventureburn.com/2021/10/augmental-technologies-courts-investors-for-tracto-mental-health-app/

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Africa Tech Female Founder Summit date announced

TLcom Capital has announced that its 2021 Africa Tech Female Founder Summit will take place virtually on 13 October 2021.

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TLcom Capital, an Africa-focussed venture capital firm has announced that its 2021 Africa Tech Female Founder Summit will take place virtually on 13 October 2021.

The summit will be held virtually on 13 October 2021.

Running for the third year in the row, TLcom has opened applications for female tech founders across the continent to attend the prestigious summit. applications

Omobola Johnson, Senior Partner at TLcom Capital comments on this year’s event.

“Over the last 18 months, African tech has broken into a completely new threshold of investment activity and as the ecosystem continues to mature, founders are being exposed to an entirely new set of challenges. From our conversations with entrepreneurs in our network, the most pressing of these issues lie in building a core team both above and below a founder and ensuring they all work in the interests of the organisation. If we want our sector to continue on its current trajectory, it’s vital we equip founders to successfully execute these processes both in terms of establishing a more deliberate C-Level hiring strategy and effectively partnering with their boards to amplify the value generation process for their businesses.”

This year’s event will be headlined by Julia Gillard, the former Prime Minister of Australia and the chair of tech startup Andela. The summit will provide attendees with a wealth of knowledge and touch on topics such as early-stage growth and scaling a tech startup.

In addition, the summit will be featuring a number of renowned and established female executives from leading African tech startups such as Desiree Craig of uLesson, Mayokun Fadeyibi of Autochek, Kristen Kelly of Terragon, and Susan Kiama of Twiga Foods.

With the theme of “Board and C-Suite Matters – Counsel, Coach and Collaborate”, the third Female Founder Summit aims to provide expert insights on the following; how to build and leverage a senior team and board to drive strong execution and growth.

The summit aims to connect attendees, act as a networking platform and grow the community of female tech entrepreneurs in Africa. Attendees will have the opportunity to submit their burning questions to the panel of speakers and gain valuable insight to assist their entrepreneurial journey.

Andreata Muforo, Partner at TLcom Capital, comments on the importance of hosting summits and events dedicated to women in tech.

“Whilst the evolution of a board may present a new journey for founders across African tech, we cannot deny that there are fundamental differences in how female entrepreneurs are viewed in these settings. Women in leadership still have to deal with harmful stereotypes and biases irrespective of their position but a strong and supportive network can make a huge difference in this journey. This is why the Female Founder Summit is so important as nobody understands our experiences like other women and in Julia, and our incredible panellists, we’re delighted to have people who can not only identify with our attendees, but can also share expert strategies on how to navigate these spaces.”

Read more: SA food tech startup partners with V&A Waterfront

Featured image: Supplied

Omobola Johnson, Senior Partner at TLcom Capital comments on this year’s event.

Source: https://ventureburn.com/2021/10/africa-tech-female-founder-summit-date-announced/

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Local emotional intelligence app users significantly grow

It’sOk, an innovative tech startup that aims to promote emotional intelligence among students has experienced exponential growth.

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Based in Johannesburg, It’sOk, an innovative tech startup that aims to promote emotional intelligence among students has experienced exponential growth in the number of the users of its unique and cutting-edge platform.

ItsOk experiences massive growth in users in SA

With its hard launch only taking place a mere few months ago in March with users from a single school, King David Victory Park, the app has grown tremendously since then.

In an interview with Ventureburn Cody Gordon, co-founder, and CEO of It’sOk explains;

“It’sOk had its hard launch this March with 50 students in King David Victory Park. Since then, we have experienced a huge amount of growth both on our product side and our school client base. In 2022 we will have 10 000+ users on our app. These users are a combination of parents, teachers and students.”

According to reports from the tech startup, it will be present in the follow institutions in 2022; the Crawford International group, St Peter’s Boys and Girls, Centennial Schools, King David Victory Park, Uplands College and a few Curro schools.

Not only is the app being utilised by in-person teaching but also through online schools.

“We’ve also seen our app making a huge positive impact in schools of all backgrounds for example, The Tomorrow Trust students, which comprises of orphaned and vulnerable children all have access to It’sOk,” adds Gordon.

With innovation and emotional intelligence growth for students at the forefront of the startup focuses, Gordon explains that the app has been upgraded to meet the needs of the schools and their students.

“An example of this is that we have now developed and automatic flagging system for schools to identify at risk students. Strategic people in the schools arat-riskied of these students and this allows the school to help these students and develop specific interventions instantly,”

ItsOk

ItsOk is a tech startup that has created an innovative emotional intelligence app that is designed specifically for a school environment.

The tech startup has combined the power of technology with a holistic approach to promoting emotional awareness and intelligence among young students in South Africa.

With many institutions reaping the benefits of employing ItsOk’s platform with their students, Justin Attlee, St Peter’s Boys – Head of Pastoral Care highlights the impact that it has had on their learners.

“The huge value our schools are seeing in our technology is that the students now have a dedicated time each day to develop their emotional intelligence through our app, students now have a safe place to express how they are feeling and receive assistance when they need it. The schools are now also able to be proactive in their mental wellness strategies in the school based on the It’sOk data. This allows the school to be proactive instead of reactive in dealing with student emotions, “Thanks so much for the weekly feedback. This is giving us great insight in how the boys are feeling and allowing us to be proactive in implementing interventions.”

Read more: SA food tech startup partners with V&A Waterfront

Featured image: (Left to right) Cody Gordon, CEO and Michale Dukes CTO of It’sOk (Supplied)

“It’sOk had its hard launch this March with 50 students in King David Victory Park. Since then, we have experienced a huge amount of growth both on our product side and our school client base. In 2022 we will have 10 000+ users on our app. These users are a combination of parents, teachers and students.”

Source: https://ventureburn.com/2021/10/local-emotional-intelligence-app-sees-huge-growth/

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