Some of the brightest and best ideas transforming healthcare have been born on our continent: Drones delivery of medical supplies, systems that transform diagnosis and apps that connect remote medical workers to resources at nearby hospitals.
This year’s Africa Cup finalists include some of this next generation of innovative healthcare startups who all share the same sentiment: They believe the continent’s healthcare issues can be solved by using technology.
The SA Innovation Summit’s Africa Cup is open to innovative ideas, startups and early-stage companies in tech and tech-enabled sectors. Finalists will pitch their businesses in front of an esteemed panel of judges on the final day of the Summit, with the winner set to receive a R5 million investment offer and three weeks of acceleration.
The cup has 11 finalists from a range of categories, including Fintech, Big Data, Social Entrepreneurship and Healthcare. The three healthcare finalists are:
Over 80% of startups at the SA Innovation Summit competitions are from the continent, and the majority have a revenue of less than R2 million, explains SA Innovation Summit chairperson Audrey Verhaeghe. Of the entrants, 7% are in the field of Biotech (healthcare) and 22% are classified as social entrepreneurs.
The Summit, taking place from 11-13 September 2019 at the Cape Town Stadium, aims to facilitate more than R1bn in deals between investors and start-ups.
“There is a yearning among African start-ups to disrupt the current healthcare industries on the continent through technology and innovative ideas. The healthcare industry is ripe for disruption and investors should be looking to the next generation of innovators for the ideas that will transform our continent,” says Verhaeghe.