French Tech community leaders in South Africa to provide dedicated mentorship for local entrepreneurs amid COVID19
Leaders in the French Tech community are dedicating a combined 400 hours of mentorship for lo-cal South African tech entrepreneurs to help mitigate the effects of COVID-19.
The pandemic continues to have an enormous and unprecedented negative economic impact on South Africa. Local early-stage tech entrepreneurs are particularly vulnerable in the current con-text.
Thats is why French Tech Cape Town and Johannesburg, the community hub of France’s startup ecosystem government-backed initiative La French Tech, announced a series of initiatives from its entrepreneurs earlier this week.
The CEOs of French Tech Cape Town and Johannesburg communities will provide dedicated mentorship, with a specific focus on four areas where they have proven track records: 1/ Cash Flow management 2/ Bridge fundraising 3/ Leveraging the Covid-19 digitalization 4/ Pivoting.
The CEOs committed to the initiatives include Antoine Paillusseau (FinChatBot), Renier Kriel (FSATLABS), Sebastien Lacour (PayGenius), Thomas Pays (Ozow), Romain Diaz (Far Ventures) and Christophe Viarnaud (AfricArena/Methys).
Through these initiatives, France and South Africa are bridging their ecosystems enabling collabo-rations between French and South African entrepreneurs and fruitful business opportunities.
Furthermore, Ozow has been providing its EFT processing services at no charge to non-profit organisations (such as SHOUT SA) and to entrepreneurs for the first 12 months on their first R 1 million, providing much needed cost free revenue collection services.
“As an entrepreneur community deeply rooted in the South African Tech ecosystem, we recognise the extremely precarious situation most tech startups are currently in. We believe that now, more than ever, solidarity and network support are an essential tool for survival. We hope our humble contribution of time and our very dense network with corporates and investors may make a small difference to help mitigate the crisis”, said Viarnaud.