Ventureburn – in partnership with First National Bank (FNB), investment advisory firm Clifftop Colony, and data gathering and analytics company Qurio, launched the Ventureburn Startup Survey 2015 this week and Accelerate Cape Town is supporting this initiative. Ventureburn, part of the Burn Media group, is an authority on recording the growth of startup and entrepreneurial activity in South Africa, Kenya and Nigeria.

The survey will answer questions like: What are the major challenges facing the country’s entrepreneurs? What do South Africa’s startup founders look like? What sectors are startups more prevalent in? What types of funding are startups securing, and where are they getting their money from? Why do people choose startup life over comfortable corporate life? Why are people flocking to startups to work there? Where is the most startup activity happening in South Africa?

“We will explore, in depth, real data on the startup community, and interpret and publicise the survey data in the form of a series of articles on Ventureburn and the wider media. We will also produce a case study and infographic, and present the insights at various conferences,” says Jacques Coetzee, who heads up Ventureburn. “Encouraging and supporting innovation and entrepreneurship is important for a city’s success which is why Accelerate Cape Town supports this” says Chris Whelan, CEO of Accelerate Cape Town.

In South Africa, big business plays in a role in collaborating and supporting startups. Deloitte, in partnership with the Western Cape Department of Economic Development and Tourism (DEDAT), recently launched the Deloitte Western Cape Funding Fair for projects requiring a minimum of R10 million in funding. First National Bank  invested over R3-million in the Silicon Cape initiative, while MTN and the University of Cape Town’s Graduate School of Business recently announced a R15-million deal to help foster innovation.

Who shouldl participate in this survey? If you are a technology-based startup, small business, SMME with annual revenues of between R0 and R30-million and/or staff numbers of anywhere from 1 to 50, we want you to participate..

What can I win? By completing the survey, you are guaranteed to win a Startup Goodie Bag to the value R4300. In addition to that, you stand the chance to prizes to the value of R170 000*, including an iPad mini 16gb with wifi & cellular worth R7 799, courtesy of Digicape.

Complete the survey: