Nedbank and Plug and Play, a global venture capital firm and start-up accelerator, will connect 10 visionary entrepreneurs from around the world to business leaders at The Disruption Agenda to be held in in Johannesburg in September.
The event is closed to the public and has been structured for Nedbank clients. A public event is reportedly planned for later in the year.
The success of these events will form the basis of Plug and Play’s decision to establish a permanent presence in Africa. “The opportunity in Africa as a whole is endless and we view this event in September as an integral first step for opening and developing an Innovation Hub in South Africa in 2019,” noted Saeed Amidi, Founder & CEO of Plug and Play.
The Disruption Agenda to identify disruptors
The start-ups chosen for The Disruption Agenda have been identified as relevant disruptors to solving cross-sector business challenges at a corporate level within the local market.
“Nedbank recognises that building an innovation strategy at a corporate level can present a number of significant challenges. To help corporate leaders, we have structured The Disruption Agenda, a first of its kind event on the continent, to simplify how corporates connect to world-class start-ups,” shares Stuart van der Veen, Head of Disruption and Innovation at Nedbank Corporate and Investment Banking (CIB).
“The problem is that innovative thinking is too often limited to finding new ways of doing old things, when what businesses really need to set themselves apart is to find completely new things to do. And that’s where the successful integration of disruptive technology can be an unparalleled source of comprehensive transformation for any business.”
Nedbank has sponsored Plug and Play’s Plug and Play’s fintech accelerator programme abroad for close on two years.