Entries have opened for Startup Knight, a competition for software based tech start-ups that are getting ready to start a viable business, but need assistance in the product development stage.
Microsoft, Nokia, Bandwidth Barn and 8ta have come on board with significant sponsorship for the winning start-up, including:
- Software packages for the winning start-up to run their business for three years from Microsoft, as well as$60 000 worth of Azure Services
- Office space for the duration of six months courtesy of Bandwidth Barn
- Nokia products
- A 3G data modem loaded with 8ta’s 60Gig + 60Gig offering
- The grand prize will be sponsored by Byte Orbit and consists of software development to the value of R100 000 and ongoing mentorship. Byte Orbit will also take a small equity stake in the winning business and subsequently support them on an ongoing basis, leveraging nine years of industry experience to increase their ability to succeed.
“We would like to extend a challenge to other established technology based companies to identify and incubate innovative entrepreneurs in South Africa,” says Amit Ramdath, CEO of Byte Orbit.
Participants can enter online at www.byteorbit.com and entries close on 25 October 2012. Fifteen finalists will be announced by 26 October and they will be required to pitch to a judging panel at Byte Orbit Offices in Durbanville,Cape Town on 3 November 2012. The winner will be announced on the evening of 3 November at a venue inCape Town.
The main requirement is that the entry must be focused on a software product.
For more information email email@example.com, call +27(21) 979 1213 or follow Byte Orbit on Facebook or twitter