"Entrepreneur Traction,
an established network of tech experts, is seeking to fill the gap and
reduce the fragmentation seen in Cape Town’s tech start up community, by
introducing a series of high profile networking breakfasts aimed at
driving partnerships and collaborations set to put promising local tech
businesses on the global map.
With Cape Town becoming a colourful and fast growing hub of vibrant
tech innovators, the Western Cape is expected to play a significant role
in driving job creation as an economic driver for the country.
“The emerging technology sector in SA, however is already a critical
economic driver for the country, as we see a healthy demand and rapid
adoption of technologies among African businesses, spanning the
telecommunications, e-commerce and IT industries”, says Eric Edelstein
co-founder of Entrepreneur Traction.
Edelstein explains that although there is a healthy stream of
exciting opportunities for tech entrepreneurs starting up on African
soil, there are also many obstacles and challenges that contribute to
the high number of these businesses going under within the first 20
months of operating. “So many factors contribute towards these hi-tech
start-ups failing such as lack of business experience and support from
government; limited opportunities to access capital, shortage of
developers and product experts or simply a lack of confidence and
hesitance to take the risks necessary to succeed.”
“This, coupled with the existing fragmentation among these start-ups
in the Silicon Cape region made us aware of a burning need to bring
like-minded tech entrepreneurs together to collaborate, innovate and
problem solve collectively rather than in silos.” Edelstein believes
that if this inherent problem in the industry can be resolved, then SA’s
tech sector will have the ability to impact the global technology
industry.
“The rapid growth in SA’s tech start-up space has inevitably resulted
in an inundation of workshops, seminars and sales pitches, in an effort
to enable and educate tech entrepreneurs”, says Ariel Navarro, CEO of
Entrepreneur Traction. “Although there is a solid place for education,
we see a significant need for simply providing a quality environment for
tech entrepreneurs to network with substance. We would ultimately like
to see collaborations and business partnerships becoming success stories
through the exclusive network that we are creating.”
With inroads to some of the greatest minds in the tech world, locally
and abroad, Entrepreneur Traction will be hosting a mystery speaker at
each and every monthly intervention, only to be revealed at each event.
Young tech entrepreneurs who are hungry and passionate to grow themselves and their organisations are encouraged to register online in order to be considered for inclusion in this vibrant community.
About Entrepreneur Traction
Entrepreneur Traction is an established and growing network of tech
entrepreneurs, seeking to drive collaborations and partnerships among
local tech start-ups, to build the next generation of technology
companies in South Africa.
For more information visit http://www.entrepreneurtraction.co.za/..."
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