Jaco Oosthuizen, Head of Disruptive Strategy and Innovation at MMI Holdings.
MMI Holdings partners with Europe’s leading accelerator programme showcasing South Africa’s entrepreneurial talent in the global market. FastTrack is open to innovative early stage startups specialising in insurance.
Startupbootcamp Insurance today announced that their FastTrack tour will be coming to Johannesburg on 7 October and Cape Town on 9 October, 2015. Focused on the region’s insurance startups, the events are open to innovative early-stage companies looking for expert advice and exposure. Part of the global award-winning Startupbootcamp (SBC), SBC Insurance is a leading financial innovation accelerator dedicated to helping startups scale globally through direct access to an international network of mentors, partners and investors.
Startupbootcamp selected South Africa as one of 18 global destinations for the insurance FastTrack tour after witnessing the recent growth in financial innovation in the region. In an exciting partnership, MMI Holdings will be hosting the event.
Why should startups apply?
FastTrack events are a bite-sized glimpse into the value of a Startupbootcamp programme. Ten startups will have the opportunity to connect with top mentors, get feedback from other startups and meet the Startupbootcamp Insurance team. One-on-one sessions with local industry experts in the finance, investment and entrepreneurial space will provide advice on how to improve their product, business model and pitching skills. By participating, startups will also gain access to the Startupbootcamp Insurance global community. After the FastTrack tour, Startupbootcamp Insurance will select ten startups to take part in their three month intensive 2016 insurance accelerator in London.
“Being a part of our FastTrack Tour means that startups are on the Startupbootcamp Insurance watch list for life, giving them a greater chance of being selected for one of our global programmes,“ said Nektarios Liolios, MD, Startupbootcamp Insurance. “We encourage startups, at whatever stage in their early development, to apply to join us for the unprecedented opportunity to connect with Startupbootcamp Insurance’s global community and access worldwide opportunities. It is an exciting time for insurance, not only in London, but also in South Africa, and we’re delighted to be bringing FastTrack to South Africa with MMI Holdings.”
Jaco Oosthuizen, Head of Disruptive Strategy and Innovation at MMI Holdings, said: “We’re thrilled to be supporting an exciting accelerator program like Startupbootcamp Insurance. We got involved because we have recognised the need to promote innovation in insurance in South Africa, and it’s something that we are equally passionate about.”
The benefits of successful FastTrack startups include them joining the watch list and have the potential to be selected for the Startupbootcamp Insurance accelerator program as well as:
• Extensive mentorship from 400+ entrepreneurs, investors, and partners
• Access to top markets in London, Europe, Asia-Pacific
• 3+ months free office space
• €15K in cash per team
• €450K+ in partner services
• Exposure to 200+ Angels & VCs
• Invitation to SBC global alumni network
The event is open to all early stage startups in insurance. For more information on the application process, visit: http://www.startupbootcamp.org/accelerator/insurance-london.html
Video: To see Nektarios Opening speech click here.
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