Applications Open from 1st February – 28th February 2018
Start Date: 3rd April 2018
End Date: 30th June 2018
Location: Solution Space Waterfront, Cape Town South Africa
The Venture Incubation Programme (VIP) in partnership with MTN GROUP is designed to provide a supportive ecosystem to help startups build viable and scalable innovation-driven companies.Startups have access to a range of resources including co-working space, practical learning clinics, mentors, weekly check-ins and staff advisors, and a community of peers who learn and grow together.
The VIP offers startups several key advantages. They’re located in the heart of the V&A Waterfront, where startups are on the doorstep of Africa’s fastest growing tech hub. They offer proof-of-concept (POC) collaboration opportunities with industry partner MTN Group and a pool of early-stage investors.
MTN Group is looking for startups that are either building a sustainable Africa through digital solutions for health, education, agriculture, fintech, energy and IoT, or enabling businesses through digital solutions for religion, sport, news and e-commerce.
ELIGIBILITY REQUIREMENTS:
+ Digital startup with focus on either Fintech, HealthTech, EdTech, AgTech, E-Commerce, Energy, IoT, Sport, News, Religion
+ A Minimum Viable Product (MVP) that has demonstrated demand and ready to further establish product/market fit
+ Team must contain at least two members, and has the right balance of skills/ability to build, test and deliver
+ Founder must be the lead participant and the whole team attend on full-time basis (present at the Solution Space 30+hrs/week during the 12 week program from 3 April – 30 June 2018)
+ Entrepreneurs are hungry, committed, disciplined, doers, and coachable
+ A desire to help other teams and contribute to the community as a whole
APPLICATION PROCESS:
+ Applicants submit online application by 28 February 2018.
+ The Selection Committee reviews the applications and the top 20-30 startups are selected to participate in a five-day design sprint to assess the fundamentals of the business and the team. NB! Applicants should be able to attend this bootcamp in Cape Town, South Africa between 12 – 16 March 2018. Applicants are expected to cover their own costs associated with travel, accommodation.
+ The top 10-15 startups from the bootcamp are selected to participate in the three-month Venture Incubation Programme in Cape Town, South Africa between 3 April – 30 June 2018.
If this is you, submit an application!Click on the link below:
https://docs.google.com/forms/d/e/1FAIpQLSenv7yucFQyodmYNcu_j44uYtpGNWezypX7hG6g2LHFgJynaA/viewform
For more info click here: http://gsbsolutionspace.uct.ac.za/venture-incubation-programme
For further information contact:
Gcobisa Maqanda on +27 (0)21 406 1430 or gcobisa.maqanda@gsb.uct.ac.za
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