Our Money

We will provide you with funding to cover between 50% and 100% of your market related salary as well as other costs of starting and running your business.

Your Time

You commit full time to building a product and proving product/market fit. This will be your full time job and your passion.

The Idea

Come with your own idea for a product or rack our brains for one. Often the idea you start out with is not the one you end up with.

Your Office

Work from home or the coffee shop or wherever. Frugality is the name of the game early on. Your mission, if you choose to accept it, is to prove product/market fit as quickly as possible.

Advice

We will be there every step of the way to help you through the ups and downs of being an entrepreneur as well as any future funding rounds.

Shared Success

As much as we enjoy helping others succeed, this is high risk stuff and we need to get a return on our investment. For this we will ask for a 49% share in your new business (with you retaining 51%).

Do you want to apply?

Make sure you have read our FAQs and then complete the application form

Apply for funding

From our blog

See our thoughts around topics related to technology, entrepreneurship and investing in general.

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By 847-328-4344 on February 2, 2018

I am in search of a new ocean adventure. Who from Gauteng wants to join me? Background I grew up in Durban and although I have lived in Gauteng for the past 17 years, I still consider myself a Durban boy. I grew up body boarding at North Beach, doing activities like lifesaving, volunteering for the NSRI and even doing my national service in the South African Navy stationed in Durban as a navy diver.

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Why I Don't Sign Non-disclosure Agreements

By Andy Higgins on January 18, 2018

I like many other investors have made a deliberate decision not to sign any NDAs and my advice to a developer would be the same for similar reasons as outlined below. Execution is far more important than the idea I like the way Derek Sivers explains, “Ideas are just a multiplier of execution” based on the following formula: AWFUL IDEA = -1 WEAK IDEA = 1 SO-SO IDEA = 5

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Some of my favourite quotes

By Andy Higgins on January 14, 2018

Following are some of my favourite quotes in relation to tech startups. I have also slipped in two of my own quotes. Simplicity is the prerequisite for reliability Edsger W. Dijkstra Perfect is the enemy of good enough Orlando Pescetti Do things that do not scale Paul Graham Hire slow, fire fast Chuck Sekeres Less hustle, more grind Andy Higgins

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812-995-0534

By Andy Higgins on January 14, 2018

What is a Section 12J Venture Capital Company? Section 12J Venture Capital Companies (VCC) are companies that have been approved by SARS, enabling tax incentives for retail investors when making investments into the VCC. Typically, a VCC would be structured as follows: This tax incentive for the investor is available to any taxpayer but this post will focus on individuals that are investing in their personal capacity. For an individual, if for example you earned R1 million in taxable income for a particular tax year, you would be able to invest R1 million in a VCC and not have to pay any tax in that year.

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Portfolio Companies

Some of the companies we have worked with past and present. We would love to add you to this list.