SEDC Shortlists 210 Startups for Venture Capital Program

The South East Development Commission (SEDC) has concluded the first phase of its South East Venture Capital Programme (SEVCP) by shortlisting 210 startups from a pool of 1,200 applications across the region. The shortlist includes 128 startups qualifying for the incubator track and 82 for the accelerator track.

This initiative underscores SEDC's commitment to fostering technology-driven enterprises with high potential in the South East. The selection process involved a rigorous evaluation based on problem-solution fit, execution capacity, market opportunity, technological innovation, and early-stage revenue traction.

The shortlisted startups will proceed to a video pitch stage, providing deeper insights into the founders' capabilities and strategic thinking. The competition will culminate in a grand final scheduled for May 25, 2026, where selected startups will pitch to investors and policymakers.

A ceremony will follow on May 26, with successful startups expected to receive funding and access to structured support. SEDC aims to strengthen the region's innovation ecosystem and build a pipeline for venture investment, as expressed by Executive Director Stanlei Ohajuruka.