Venture Incubation Programme (VIP) Applications Open

Date/Time

Date: 11/05/2017 - 31/05/2017
Time: All Day

Event Info

MTN Solution Space’s Venture Incubation Program (VIP), run through the UCT Graduate School of Business, is a keystone initiative that is designed to help entrepreneurial teams to test and validate their business models.

This is a 12-week, mentor-led program combines mentorship, workshops and a community of startups to create a holistic approach to testing and validating a business model.  Run on a bi-annual basis, the program selects 10 startups based on a few key criteria.

What are we looking for?

 Startups should be able to demonstrate the following;

          Initial concept demonstrates deep and intimate understanding of problem and market need/opportunity

          A Minimum Viable Product (MVP) ready to conduct early-market testing and further establish product/market fit

          Team has the right balance of skills/ability to build, test and deliver

          Founder must be the lead participant and attend on full-time basis (present at the Solution Space 30+hrs/week during the 12 week program)

          Entrepreneurs are hungry, committed, disciplined, doers, and coachable

          A desire to help other teams and contribute to the community as a whole

 What do startups get out of the program?

 A mentor led program run by one of the best teams in the South African startup ecosystems, valued at approximately R300k.

·         Advice from seasoned entrepreneur, investor, mentor                

·         Mentorship

·         Free Co-working space

·         Bootcamps

·         Skills development from best business school in Africa

·         Events

·         Advisory Services

·         Access to Funding

·         Networks

·         Exposure and Recognition

INTERESTED? Apply here: http://bit.ly/2prFTMy

For further information please get in touch with us at solutionspace@gsb.uct.ac.za or +27 21 406 1430

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