We are changing the innovation and entrepreneurship culture in Durban.
We organize entrepreneurs from various backgrounds and we create an environment where they can network and benefit from each other.
We ensure that a good ecosystem is in place.
Silicon Valley is a region in the southern part of the San Francisco Bay Area in California that serves as a global centre for high technology, innovation and social media
The area is now home to many of the world's largest high-tech corporations, including the headquarters of 39 businesses in the Fortune 1000, and thousands of start-up companies. Silicon Valley also accounts for one-third of all of the venture capital investment in the United States, which has helped it to become a leading hub and start-up ecosystem for high-tech innovation and scientific development.
It was in the Valley that the silicon-based integrated circuit, the microprocessor, and the microcomputer, among other technologies, were developed. As of 2013, the region employed about a quarter of a million information technology workers.
It is evident that the fusion of technology is blurring the lines between the physical, digital, and biological spheres as we embrace the 4th Industrial Revolution.
The intrinsic power of Crowds together with Collaboration and Co-Creation is key for today, and fundamental for tomorrow, thus Silicon Durbs was born. We have learned that if given the resources to connect and collaborate their combined power is much greater than the sum of its parts. The problem that we are addressing relative to start-ups in Durbs is we lack a voice, lack collaboration with each other and industry, lack knowledge of social, economic and industry trends and have limited or no access to investors. On the flip side investors are finding it a challenge to find promising startups
Silicon-Durbs is here to empower and drive technology in Durban on a large scale. Back then, Durban was equipped to produce a high number of technical people, but most have relocated to Cape Town or Johannesburg because the tech communities are bigger in those cities. We need to bring back that technological hunger and thrust back into Durban.