And the winners of the Cape Town Entrepreneurial Competition 2012 are…

Moments ago LaunchCapeTown announced the winners of the Cape Town Entrepreneurial Competition for 2012.

Congratulations to the following teams.

Track 1 — Idea Stage

1st place: Zoe-X
2nd place: Ching
3rd place: Home Bug

Track 2 — Growth Stage

1st place: Snapplify
2nd place: Triggerfish
3rd place: Umuntu Media

Earlier today all ten finalists received a second round of coaching and delivered their final pitches in front of the judges, mentors and other finalists.

The awards ceremony concludes CTEC 2012, but the three Growth stage winners will receive additional coaching next week, in preparation for the Barcelona Global Entrepreneurship Competition nominations.

The winners of both groups receive cash prizes and Samsung will award one team with additional prize in the coming week.

Read more about the finalists.

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