Empowering local innovation: Bolt awards €20,000 to South Africa’s emerging entrepreneurs

Ten aspiring entrepreneurs from Bolt’s South African driver community have received a total of €20,000 (over R400,000) in seed funding, marking the successful conclusion of Bolt’s Accelerator Program in the country.

Launched in December 2024 in collaboration with business academy Pranary, the Bolt Accelerator Program was designed to turn entrepreneurial ideas into real-world solutions — with a focus on transforming South Africa’s mobility sector from the ground up. The response was overwhelming: over 578 applications poured in from across the country.

“When we empower everyday entrepreneurs with the tools to build, we don’t just ignite businesses — we transform communities and shape the future of Africa’s mobility. True innovation thrives in an ecosystem where ideas are nurtured, collaboration is championed, and every voice has a seat at the table.”

 Lerato Motsoeneng, Bolt’s Senior General Manager for South Africa.

From idea to impact

After a rigorous selection process, 120 applicants were chosen to participate in the Bolt Academy, receiving hands-on training in market analysis, value proposition design, customer validation, and financial modelling.

From there, 20 finalists were selected to refine their ventures with help from mentors and industry experts. Their journey culminated in a live pitch event, where a panel of judges evaluated their business ideas based on innovation, feasibility, and community impact.

Ten finalists walked away with €2,000 (over R40,000) each to kickstart their ventures, along with six weeks of dedicated mentorship to help scale their businesses further.

Celebrating the best business plans

The winning business ideas from the Bolt Accelerator Program showcased a powerful blend of innovation, inclusivity, and sustainability, addressing real challenges in South Africa’s mobility landscape. The winning business ideas ranged from zero-emission bicycle delivery networks and eco-friendly fuel conversion systems to ride-sharing platforms tailored for rural and urban users. Several ideas focused on safety and accessibility, such as an all-female driver network and transport for people with disabilities, while others brought forward convenience-focused innovations like 24/7 online auto spares and advanced vehicle tracking systems. Together, these startups reflected a strong commitment to community-driven impact, environmental responsibility, and digital transformation in transport.

Three entrepreneurs were given special recognition for excellence across three core categories:

• Most Innovative Idea: Kamogelo Modise for Lupa Township Delivery
  A sustainable, zero-emission bicycle delivery network designed to serve township communities through a hyperlocal, community-driven model.
• Most Scalable Idea: Vutivi Shivambu for Liftsearch
  A long-distance ridesharing platform connecting verified drivers and passengers, aimed at improving access to rural villages.
• Best Pitch: Shannon Adams for EXPLORE.SA.APP
  A travel platform linking tourists with vetted drivers who double as local tour guides, creating safe, enriching experiences through local knowledge.
  
  
  Bolt’s Accelerator Program is part of a broader commitment to creating opportunities for local communities — helping drivers unlock new career paths, build businesses, and become active contributors to the country’s mobility future.