Silicon Cape Initiative

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Henk Kleynhans from Skyrove presented on the Cape Silicon Initiative

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Silicon Cape Initiative

  1. 1. Silicon Cape Attracting Nerds & Rich People
  2. 2. What is Silicon Cape?
  3. 3. realisation
  4. 4. epiphany
  5. 5. Why move to Silicon Valley...
  6. 6. if we can do it all in Silicon Cape?
  7. 7. but can we?
  8. 8. potential & opportunity
  9. 9. but
  10. 10. a high-tech innovation hub that fosters: entrepreneurs startups talent venture investors is lacking
  11. 11. how do we change this?
  12. 12. ecosystem
  13. 13. awareness of the opportunity
  14. 14. Why the (silicon) Cape?
  15. 15. simple, identifiable, self-explanatory, & marketable brand
  16. 16. text
  17. 17. already has some of the right ingredients
  18. 18. text
  19. 19. “What it takes is the right people. If you could get the right ten thousand people to move from Silicon Valley to Buffalo, Buffalo would become Silicon Valley…. Now you could make a great city anywhere, if you could get the right people to move there. So the question of how to make a Silicon Valley becomes: Who are the right people, and how do you get them to move?“
  20. 20. Paul Graham “How To Be A Silicon Valley” paulgraham.com/siliconvalley.html “You only need two kinds of people to create a technology hub: “
  21. 21. “rich people & nerds”
  22. 22. (the future of this presentation)
  23. 23. So how do we move them here?
  24. 24. Great Universities
  25. 25. Great place to live!
  26. 26. Great Place to Live 2
  27. 27. Personality & Culture
  28. 28. Intact City Centres (San Francisco, Boston, Seattle vs Pittsburgh)
  29. 29. Startups beget Startups
  30. 30. We just need to sow the seeds!
  31. 31. Silicon Cape is here...
  32. 32. Yola Springleap EDH FireID Integr8 Fundamo Afrigator Blueworld OrderTalk Radiate Thawte Microgaming Clicks2Customers Yeigo Fontera Quirk Skyrove StrictlyTickets.com Clickatell Eyeballs TinyImpact MXit Psitek BetTech i5 Omnipless GetClosure ChessCube Woothemes Zoopy Personera WebAfrica Cibecs KnowledgeTree Global Vision Inala
  33. 33. HP Ventures IDC / SPII Innovation Fund InVenFin Bioventures HBD Horizon Equity Intel Capital Triumph VC 4Di Capital
  34. 34. build global companies
  35. 35. great talent pool (but also brain drain)
  36. 36. core opportunity
  37. 37. limited natural resources
  38. 38. tourism is not enough
  39. 39. net exporter of IP starting right now
  40. 40. “invisible income” = great wealth
  41. 41. we need a tax-friendly environment
  42. 42. protection and free mobility of capital internationally
  43. 43. access to a community & ecosystem
  44. 44. a regulatory environment that PROMOTES rather than INHIBITS development of IP (FAIS, SARB, Income Tax, Exchange Control)
  45. 45. Michael Dell $12.3 BILLION Varsity Dropout (19)
  46. 46. if we don’t create the right environment to become a net exporter of IP we’ll remain a net exporter of talent
  47. 47. So what is SCI?
  48. 48. a non-profit, community owned & driven initiative aimed at fostering the creation of an ecosystem that will better South Africa for the benefit of all
  49. 49. a local & international branding campaign for the region & SA as a high-tech innovation & investment destination
  50. 50. an awareness campaign to highlight & expose startup & investment activity
  51. 51. a platform for highlighting the issues facing startups & venture investors and engaging with government & regulators to lobby for legal changes
  52. 52. an attempt to accelerate investing activity & raising awareness of the opportunity in the Cape for entrepreneurs & venture investors, particularly overseas, attracting FDI & retaining & attracting skills (local, ex-pat & foreign)
  53. 53. The SCI is NOT: an incubator a hub a VC fund an association a mentoring program a government initiative
  54. 54. it IS possible to create the Silicon Cape
  55. 55. there are challenges
  56. 56. South Africans have a strong work ethic, innovative minds & a formidable “can do” attitude
  57. 57. This could be the future of our country’s export revenues one day
  58. 58. “There is nothing more powerful than an idea whose time has come” - Victor Hugo
  59. 59. text
  60. 60. Henk Kleynhans CTO & Founder Skyrove (Pty) Ltd henk@skyrove.com www.geekrebel.com http://twitter.com/geekrebel

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