Dec 23 2009

ChessCube Supports Chess Education in South Africa

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FOR IMMEDIATE RELEASE

ChessCube Supports Chess Education in South Africa

Cape Town, South Africa – 23 December 2009. ChessCube, a South African based Internet Chess Company with an 800,000 membership, offers support to President Zuma’s recent initiatives to encourage South African youth to play chess.

Playing chess at school could lead to job creation. Mark Levitt, CEO and founder of ChessCube, says, “President Zuma noted that the sport of chess develops strategic thinking for school going children. It also aids the development of mathematic and languages skills. David Macenulty, a US-based chess coach, proved that inner city New York learners who studied chess at primary school went onto tertiary education far more than their peers. So great was his contribution to chess in schools that it inspired the Ted Danson film ‘Knights of the South Bronx’.”

Levitt explains the impact of chess now on the future jobs of South Africa’s youth: “Kids who play chess at primary school level tend to go onto tertiary education to secure and create employment for themselves and others. Chess plays an important role as one of the many initiatives to create a prosperous South Africa of growth, starting with the youth.”

ChessCube is launching an online schools chess initiative in South Africa and other countries from early 2010. The South African government, a number of NGOs and large corporates are doing a great deal to improve Internet and computer services in schools. ChessCube will be working with all providers to ensure that schools in South Africa can connect to ChessCube’s classroom service.

“ChessCube will provide facilities for children to play chess online and to receive online video training”, explained Levitt. “The basic service will be free to all schools in South Africa, and we will be working with big business to sponsor additional opportunities for South African youth.”

ChessCube recently raised R10m from Invenfin, the Venture Capital subsidiary of Remgro Ltd, a listed South African Company.

Useful links

ChessCube Facebook Application: http://apps.facebook.com/chesscube/
ChessCube website: www.chesscube.com

Contact information
ChessCube(Pty) Ltd.
Contact: Mark Levitt (CEO)
+27 82 389 3637
+27 21 555 2019
[email protected]

About ChessCube
ChessCube (www.chesscube.com) was launched in June 2007 from Cape Town headquarters. It has since grown to a community of over 800,000 avid chess players, and continues to grow. ChessCube is an innovative, and award-winning, live chess platform. Mark Levitt, founder and CEO of ChessCube, is four times South African Chess Champion, and many of ChessCube’s board members are avid, strong chess players themselves. ChessCube’s investors include Invenfin (the venture capital subsidiary of the Remgro Limited group) Vinny Lingham and Michael Leeman.

For more information or images, please contact Mark Levitt ([email protected]) or Sarah Blake ([email protected]).


Nov 25 2009

ChessCube CEO Mark Levitt Speaks at Silicon Cape Event

Sean

Photo credits: Joe Botha

The inaugural Silicon Cape networking event was held at The Old Biscuit Mill in Cape Town last night, and we were certainly thrilled that our CEO, Mark Levitt, was the speaker for the event.

The vision of Silicon Cape is concise and clear:
“The Silicon Cape vision is of an ecosystem in the Western Cape of South Africa, that serves to attract and bring together local and foreign investors, the brightest technical talent, and the most promising entrepreneurs, to foster the creation and growth of world-class global IP start-up companies in an environment that competes with other similar hubs around the world against the backdrop of one of the most beautiful settings and pleasant places to live, work and play on the globe”.

Silicon Cape Event at The Old Biscuit Mill

Silicon Cape Event at The Old Biscuit Mill

Having been both an investor and an entrepreneur, Mark was well positioned to give a thought-provoking and useful talk to the 400 strong crowd. With so many entrepreneurs in the room thinking about investment, Mark had several salient points – most of which were tweeted as he spoke (including a rather dubious Chess t-shirt suggestion)

  • Don’t quit your day job, build on the side.
  • Fail fast, or succeed fast.
  • Advisors are important in your business plan.
  • Align yourself with the right people and advisors.

Mark also had the opportunity to announce ChessCube’s first Facebook App (to plenty of applause).

ChessCube investors InVenFin were among the sponsors of the event, and the ChessCube crew put in a good appearance. Having  Mark as the inaugural speaker giving his insight into the starting the business and entrepreneurship advice was great for future CEOs of start-up companies. From a ChessCube perspective, it was fantastic seeing our CEO offering his words of wisdom to all in attendance, including our staff and investors.

Mark Levitt speaking at the Silicon Cape event

Mark Levitt speaking at the Silicon Cape event

Richard Wooding at the event

Richard Wooding at the event