Cape Innovation and Technology Initiative (CiTi)has opened the window for applications for the 2017 edition of Telkom FutureMakers Innotech Programme. CiTi is a South African based organization.
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The programme –Telkom FutureMakers Innotech Programme-which is an accelerator programme, started two years back and was targeted at improving software and mobile application entrepreneurs and also game developers.
Following the applications of the entrepreneurs, some will be chosen and be given better resources for improvement for a considerable period of time. The provision of better resources includes: housing in professional office spaces with quality connection; market access; mentorship classes; business training; prospective added funds via Telkom’s Enterprise Development Funds.
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The entrepreneurs will meet established and successful entrepreneurs on Founder Fridays during the period the programme will be holding. They’ll also be able to pitch their various products at splendid IT events in the city, and they’ll also make visits to startups in Cape Town.
Although, the Innotech programme will be in different phases; the entrepreneurs who advance from the first phase will progress through an MVP bootcamp before entry into the next phase. ‘Pitch Deck Journey’ is the theme for the first eight weeks of the programme; here, the entrepreneurs will pitch their products and savoir-faire the rudiments of their businesses.
The next phase of the programme –phase 2- is to span 12 weeks. In this phase, entrepreneurs will elaborate their business propositions and give presentations to prospective funders. Also, this phase will see the entrepreneurs come face to face with customers.
The Innotech programme is to be run for 25 weeks with June being the period of commencement. The location for the 25 weeks programme is the Woodstock Bandwidth Barn, Telkom’s Cape Town FutureHub. Organization of the programme is by Telkom, South African Telecommunications giant and CiTi’s subsidiary company, Bandwidth Barn.
Interested entrepreneurs can now apply for the programme. The deadline for application is 12 noon on 19 May 2017.