#36 The SA Startup Act: A Founder's Game-Changer or Just More Red Tape?
Description
A law on paper is one thing. Making it work is another.
Is the proposed South African Startup Act the game-changer our entrepreneurs have been waiting for? In this episode of "From Garage To Growth," we do a deep dive into this landmark legislation to see if it holds the key to unlocking our local ecosystem's true potential.
We discuss:🔹 The #1 Hurdle for SA Founders: Why over 90% of local VC funding comes from offshore and the legacy laws creating this capital crunch.🔹 The Plan to Unlock Local Capital: How the Act’s proposed tax incentives, inspired by the UK's successful model, could unleash a new wave of angel investment.🔹 Bridging the Great Divide: A look at how the Act aims to fix the deep "misalignment" between government and founders, starting with exchange controls.🔹 Why Defining 'Startup' is Step Zero: We explore the critical need for an official definition to build a truly supportive ecosystem—a problem officially recognised by Parliament.
🚀 This episode is a must-listen for every South African founder, investor, and policymaker passionate about building a world-class local tech ecosystem.
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#SouthAfrica #StartupAct #VentureCapital #TechPolicy #SAInnovation #Entrepreneurship #fromgaragetogrowth
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