Silicon Cape receives donation from Groupon SA

Silicon Cape, which launched in 2009 to increase the number and calibre of technical focused start-ups in the Western Cape, has traditionally funded itself by acquiring sponsorship for events. This donation will give the initiative the resource to build a more formal support structure and run more networking events.

"Our events bring the right kind of people together from old hands who have had success, to new minds looking for a chance, to investors ready to take a risk," says Rob Stokes, chairman of Silicon Cape. "It's this mix of people and ideas that spark communication and opportunities that would otherwise never be ignited. It feels good to see someone from our first crop of Silicon Cape entrepreneurs give back to the community. It means we are doing something right."