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[Reminder] IPO48 Kenya Is Scheduled For August 12-14. You Can Win 25,000 Euro

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IPO48 is a 48 hours bootcamp event that aims at giving web/mobile startups a launch platform for their startups through of mentorship, networking and media exposure. A minimum of one of the participating startups will get an investment from the IPO48 investors before the 48h is up. The most fascinating aspect to us was the all-girl app for farmers winning the 2010 edition.

 

These are the four major reasons why you need to get in this event:

  • 25.000€ in funding after 48 hours
  • Mentorship from serial entrepreneurs and professionals
  • Great media exposure for your startup
  • Find talented people that want to join your startup
The program is planned as follows:

Agenda

 

Friday, Aug 12 – event starts @iHub, Nairobi
Teams present their 90 sec pitch and find the participants they would like to join their star-up for the 48h event.

 

Saturday, Aug 13
On-site mentors engage and help teams. Work – work – work.

 

Sunday, Aug 14
More help from mentors and help with the preparation of the final presentations. Final demo, voting and prizes.

Prize-winning categories

  • Most disruptive start-up
  • Best hustling team
  • Best presentation
  • Most likely to get funded

The Investment

Teams negotiate with the Investor group. Investment deal announcement.

The 25.000 euro investment will solely be decided by the IPO48 investment team and will not necessarily relate or depend on any of the category winners.

 

Post workshop by quartz+co for entrepreneurs

Apart from the mentorship during the IPO48 event, have them teamed up with quartz+co to run a workshop in the business field adapted for entrepreneurs. The subject will be:

  • Build a business case
  • The business model
  • Sales presentation
  • Negotiations

 

[Video] We Are Very Lucky In Life Because There Is Failure

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I made this video for Swedish students (Berghs School of Communication) after they read my article on Harvard Business Review on failure. They wanted a video to go with the article which I was told was used by their teacher to develop some discussions. A business school in China also wrote to translate the article to Chinese which I approved.

 

 

The video quality is poor. It was a short notice and I could not do otherwise. Sorry about that.

 

Author: Ndubuisi Ekekwe

Africa’s Microchip Designers – Fasmicro Transistor Level Chip Design Services

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We are Fasmicro. We provide world-class advisory and consulting services on all areas of semiconductors and microelectronics. Contact us for setting up your microelectronics labs, institutes and academies. We help clients develop innovative designs and custom IPs at both system and components levels as well as coordinate manufacturing at international foundries. We have networks of partners in Taiwan, US, France and Canada for fabless contract manufacturing for chip and PCB. We also provide international partner intermediaries services and academic curricula development.

 

We enable local, state and federal governments across Africa to develop semiconductor and microelectronics strategies. We help you carry studies and a roadmap on how the diffusion of these technologies will help to advance your entity and transition it from dependence on minerals and hydrocarbons to be knowledge driven. Either you are planning a Technology Park or Technology Village, we will provide a winning idea.

 

We provide custom training on all areas of VLSI in both analog and digital systems. We have licensed CAD tools for VLSI designs and printed circuit board (PCB) education. We sell and support all major brands of FPGA boards such as Xilinx, Altera, etc. Our unique service provides free 2-day offsite training if a client buys CAD, FPGA/VHDL, Demo boards and labware from us. We also train on embedded systems and microprocessor programming and extend that knowledge to robotics. We are master coders on Microchip and Parallax microprocessor families. We cover from design physics to testing.

 

We supply and/or support all common microelectronics or semiconductor labware. These include microelectronics CAD tools, oscilloscope, function generators, meters, power supplies, silicon wafers, etc. Upon supply, our engineers will train your staff on how to use them. And we now offer transistor level design contracting

 

On the web: http://fasmicro.com

Tekedia REDESIGN – A Virtual Conference: Africa In Mobile + Cloud Era.

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In the last few years, most parts of the world have morphed into an electronically interdependent economic unit where a disruption in one marketplace affects the others. New technologies have emerged, transforming the ways we do business and, consequently, redesigning the world. Innovation in disruptive technologies pushes new and more agile firms to set new benchmarks, and forces established companies to incorporate evolving breakthroughs into their models or re-invent themselves to stay competitive.

Innovation thus remains a key driver in wealth creation, but the way it happens is changing as a result of new technologies, processes and tools. As social media networks advance, outsourcing ideas to the crowd has become common, while inter-company R&D that pools resources together is a new normal. From agriculture to print media, finance to mortgage and across sectors, industries, and disciplines, the world is being redesigned.

Two technologies that are playing major roles in this redesigning process are mobile and cloud computing.They continue to shape how new companies operate. A business without a mobile strategy will fail in this age because the future is mobile, just as today is mobile.  Aligning with mobile in this emerging change is cloud computing. It opens the opportunity for companies, irrespective of size, to access huge computing power which traditionally they cannot afford. So, with cloud computing and mobile systems,  global business has moved into  a new era.

In this conference, we will be discussing these two important topics in the context of Africa.  Right here on Tekedia.com on August 27, 2011.

The theme of the Virtual Conference is

 

Africa In Mobile + Cloud Era

 

 

You will watch feeds from experts and pros as they discuss the future on mobility and cloud computing and how that will affect Africa. No ticket, no travel, it is all in the cloud. We guess the best way to experience mobile and cloud is to do a conference in the domains of mobile and cloud!

 

 

Date: August 27, 2011

Time: We will start 3pm Lagos time or 10am New York Time for the video feeds.  Exclusive mobile and cloud focused articles will begin to appear on Tekedia from 5am Lagos time the same day.

 

We are inviting people with experience in this area. Send us contents. If you want to contribute, please send your video or audio to tekedia@fasmicro.com. If you cannot make a video or audio, please send us an article on this topic. We will dedicate that date simply to share insights in these very important topics and their huge implications for Africa.

 

This is going to be huge,   and we promise to offer you a good time.

 

 

Tekedia REDESIGN Organizers

tekedia@fasmicro.com

Tekedia.com

 

Wiping Corporate Fraud Via Whistleblowers And SEC in Africa

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SEC Nigeria

To strengthen corporate governance, especially in public traded companies, it may be time African Securities and Exchange Commission (SEC) or equivalents implement similar policies that their US counterpart has: Rewarding whistleblowers that bring to notice of the SEC corporate corruption and fraud.

US SEC used to give such whistleblowers 10% of any fine, but has increased it to 30% of all the money SEC collects, including ill-gotten profits. The increase was affected in the last US Financial Regulation Bill.

The challenge is that many SEC offices in Africa are not ready to actually use technology to mine data which could pile up if they introduce this policy. And there is fear that disgruntled ex-employees will intentionally file unfounded accusations just to force their ex-employers to waste money through legal fees.

Notwithstanding the drawbacks, this is a very important way to pursue since many African public firms have collapsed not because of environmental competition, rather corporate governance.  The near collapse of Nigerian banking sector was heavily due to the governance of the affected banks with bosses spending company funds irresponsibly. Could a deal with SEC that rewards whistleblowers have averted this? Possibly.

Also the destruction that took place in Transcorp could have been averted as the accountant might have reported the CEO who was forging documents and awarding contracts to his cronies in time. The motivation of being rewarded could become a potent tool in the hands of governments to sanitize African business scene and put public companies on alert to act responsibly or be penalized.