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Startup Knight competition launched for software developersBy Staff Writer 3 October 2012 | Categories: news
Do you have an inspirational idea ready to take the software world by storm? Startup Knight is a competition for software-based tech start-ups that are aiming to make it big in the world of business.
Hosting the event is Byte Orbit, the force behind Startup Knight, alongside companies such as Microsoft, Nokia, Bandwidth Barn and 8ta, who have come onboard with significant sponsorship for the winning start-up.
Microsoft will be providing software packages for the winners to run their business for three years as well as $60 000 (±R502 500) worth of Azure Services. Bandwidth Barn is offering office space for the duration of six months, while Nokia is a product sponsor. In addition, 8ta will provide a 3G data modem loaded with its 60 Gig + 60 Gig offering.
The grand prize will be sponsored by Byte Orbit and will consist of software development to the value of R100 000 and ongoing mentorship. Byte Orbit is set to take a 15% equity stake in the winning business and will subsequently support them on an ongoing basis, leveraging nine years of industry experience to increase their ability to succeed.
Participants can enter online at www.byteorbit.com, with entries closing on 25 October. Fifteen finalists will be announced by 26 October and they will be required to pitch to a judging panel at Byte Orbit Offices in Durbanville, Cape Town on 3 November 2012.
The judging panel will include:
Amit Ramdath, Byte Orbit CEO
Anthony Stonefield, Nokia head of Ecosystem
Kethan Parbhoo, Microsoft Equity Equivalent lead
Amith Maharaj, 8ta senior managing executive
Charl Norman, Bandwidth Blog / OnNet MD
Martin Ras, Ching Payments MD.
The winner of the competition will be announced on the evening of 3 November 2012 in Cape Town.
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