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What’s Missing from South Africa’s Recipe for Venture Success?

  • South Africa lacks tax incentives that benefit VCs and startups with their tax burdens.
  • Digital Collective Africa is bringing conversations to the government by co-creating the South African Start-up Act.
  • SA's proposed Startup Act has the potential to make South African startups a financially viable option for global investors.
  • The Startup Act is more than just a tax act and proposes to transform environment startups operate in.
  • Physical ecosystems are necessary to develop startups, Innovation City is breeding grounds for growth and innovation.
  • VCs are playing their role in developing the ecosystem by providing key support to early stage ventures.
  • South Africa needs to follow the Brazil infrastructure finance program which created an exemplary blueprint.
  • South Africa has key areas of improvement that can attract investors and innovators to the venture ecosystem.
  • Drawing lessons from other EMs, the importance of developing the physical ecosystem cannot be understated.
  • South Africa's blockchain industry will be the industry to put it on the right path.

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