The Venture Incubation Programme (VIP) is an initiative of MTN Solution Space which has been designed to provide a supportive ecosystem to help startups build viable and scalable innovation-driven companies. The top 10-15 startups from the VIP Bootcamp will participate a three-month Venture Incubation Programme in Cape Town, South Africa between 3 April – 30 June 2018.
Startup. Shakeup. Riseup. Apply for the 12-week Impact Venture Incubation Program by Solution Space Philippi. Applications opening soon. Got questions? DM us.
— UCT GSB Solution Space (@uctgsbsolutions) January 30, 2018
With the programme, digital startups will have access to a range of resources which includes a co-working space, practical learning clinics, guidance from mentors, weekly check-ins and staff advisors, and a community of peers who learn and grow together.
Two programmes will run every year and each session will feature 15 companies, with a total amount of R300k (or its equivalent value) given to each digital startup for support.
Applications have opened for the next Venture Incubation Programme, a partnership between MTN and the Graduate School of Business’s Solution Space to develop start-ups. Read more: https://t.co/LrseXmVk3x pic.twitter.com/8igPsPKvO1
— UCT (@UCT_news) February 7, 2018
See the other details below:
APPLICATIONS OPEN: 1 – 28 FEBRUARY 2018
START DATE: 3 APRIL 2018
END DATE: 30 JUNE 2018
LOCATION: Solution Space Waterfront, Cape Town South Africa
As seen in the image above, the areas of focus would be Fintech, e-commerce, energy, Edtech, HealthTech, Sports and News, Internet of Things (IoT) and Agritech.
BREAKING: Applications are now open for our Venture Incubation Programme summer school 18'. Calling all digital entrepreneurs to startup, shake up and rise up! Apply now and access R300k worth of support for your startup. #Digitalideas #VIPSS18 https://t.co/af3kYMlugX pic.twitter.com/bsqgSXmOmu
— UCT GSB Solution Space (@uctgsbsolutions) February 1, 2018
ELIGIBILITY REQUIREMENTS:
Qualifying team must contain at least two members, and have the right balance of skills/ability to build, test and deliver. They should have a working prototype with a minimum feature set ready to conduct early-market testing to further establish product and market fit.
Startups Founders must be the lead participant while the whole team must attend on a full-time basis (present at the Solution Space 30+hrs/week during the 12-week program from 3 April – 30 June 2018).
As you must expect, prospective entrepreneurs must also be committed, disciplined, ready to work and teachable. They must have a desire to help other teams and contribute to the community as a whole.
APPLICATION PROCESS
Applications should be submitted here before the 28th February 2018. The Selection Committee would review 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 the Bootcamp in Cape Town, South Africa between 12 – 16 March 2018. Applicants are also expected to cover their own costs associated with travel, accommodation.
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