DEMO Africa already setting an innovation mood Peter Nalika
“The product has to be new, it has to bring in new innovation on how a company runs its operations” says Brian Munyao Longwe, the Event Director. This was during an outreach of DEMO Africa, a launch pad for emerging technology and trends that will run in October 2012. Brian briefed interested parties gathered at Strathmore University, one of the collaborators of this event.
Harry Hare, the producer of DEMO Africa says like other start ups, DEMO Africa is not a competition for money, its more than that, it’s a competition for markets. He says DEMO will be big; the event will be looking for business ready products that will disrupt the tech scene, a unique product that will push investors to turn their heads and pour their cash.
So far DEMO Africa has received 120 applications from all over Africa, and the selected lot will be taken through a 2 days deep dive intensive training on how they will engage with the investors 3 to 4 weeks prior the event in October.
DEMO Africa seeks to enhance and deepen innovation ecosystem in Africa, the event will feature 40 innovative products and out of this the winning 5 will win trips to the Silicon Valley for capacity development. Each pitch will take 6 minutes and qualifiers will be given a kiosk to push the products to interested parties for 2 days.
Several launching categories for DEMO Africa include mobile technology, social media, enterprise technology, life sciences, sustainable & renewable energy and consumer technology. The event so far has attracted several sponsors like Microsoft, Nokia, LION@FRICA among others who are already in the ecosystem and DEMO Africa will amplify them.