Pro-Circuit Coaches

Patrick Schofield


Founder / Thundafund


"Crowdfunding South Africa: How to crowd-fund your socially innovative start-up idea."


"It’s a perfect storm. In France they call it KissKissBankBank, in South Africa, we call it Thundafund, bring on the rain. What’s it about? the names say it all. It’s a kiss… building of relationships around ideas, innovations & products. Communities in all shapes & opinions, deciding collectively what should be created in the world. It’s a gathering of ‘water’, small amounts, given by many that together reach a tipping point when that rain begins to fall. It’s what we need in South Africa, a low risk, customer driven, socially aware way of raising capital for new ideas and innovations to be launched into the world. I’m going to show you how to get your socially innovative start-up idea onto Thundafund by 7th September. "


“I have always believed that successful entrepreneurship is reflected in what a company contributes to society alongside the profits it makes. For me success is when both contribution and profit are in the positive. Because of this the businesses I have started have had a community focus, from community magazine Billboard to Streetwires bead and wire enterprise, for which I was honoured to be named Schwab/E&Y Social entrepreneur of the year for South Africa & Africa in 2009/10. Looking for business that had scope across Africa, and the power to deliver powerful positive change, I have become passionate about Crowdsourcing and crowdfinancing. In 2014 was established, South Africa's most successful Crowdfunding platform, focusing on entrepreneurial ideas, and this year establishing a sister platform focusing on causes and activism. Technology innovations are shifting the business landscape, and our group of platforms will play a part in a dynamic and exciting South African landscape. ”


Why do you want to be part of UCT Upstarts? “The creation of new ideas, rocket fuel for resilient societies. Upstarts has what it takes. I want to contribute & experience the process.”

HOW DO YOU ‘IMAGINE A NEW AFRICA’? “Africa. A continent of changemakers, where GDP is regarded as quant and we judge a nation by it’s GNHI. ”