VC4Africa.com, the community Appfrica recently partnered with to offer web based investment solutions to diasporans and other investors interested in supporting African entrepreneurs has entered Ideablob. Ideablob is opportunity to compete in contests that offer social capital for good ideas (if won). Our goal is to take the money offered and use it to fund development of the technical solutions we have planned.
Think CrunchBase.com meets Linkedin.com, in Africa, to create jobs. The social networking part is already on LinkedIn, Facebook, Twitter & Ning, at VC4Africa.com. There are 5,000 members — but the fractured and rigid platforms limit activity and information.
Our goal is to create a website to enhance capital liquidity in Africa by connecting information and people. This will benefit aspiring entrepreneurs, present-day industrialists and financiers small and large by combining now-unobtainable market information, a library of resources and the contacts needed to grow and scale businesses and create jobs.
Where the prize money would go:
The next step is to complete the Afridex.net database and to integrate this system with the VC4Africa.com community. If we win the IdeaBlob competition, the entire prize would be used for the salaries of the programmers at Appfrica Labs working on this project.
If it’s an idea you’d like to support, click here to vote for us.