Run over three months with sponsorship and mentorship support from MTN, the Venture Incubation Programme – hosted at the University of Cape Town’s Graduate School of Business-based Solution Space – provides participants with ZAR300,000 (US$22,150) worth of support, consisting of mentorship, advisory services, access to investor and corporate networks and workshops on business fundamentals.
The programme has a broad focus, with applications invited from startups operating in the fintech, internet of things (IoT), edtech, agritech, e-health, e-commerce, and entertainment and gaming spaces.
Held twice a year, the cohort currently being recruited for set to kick off in September.
“This is an opportunity for innovation-driven entrepreneurs who are working on digital solutions to take their business to the next level. The early-stages of a startup are so critical and often the least supported time in the life-cycle of a startup. We aim for maximum impact at this stage and for startups to leave our incubator with a thorough understanding of the fundamentals required for a viable solution,” says Sarah-Anne Alman, manager at the Solution Space.
The programme has helped over 30 startups over the past two years; with the current 2018 summer cohort to showcase their products and progress at a Demo Day this evening (June 26).
Applications for the winter programme are open here, until July 1.