Nathan Sasto and Anton van Metzinger,
founders of SnappCab
|
Jo’burg’s based startup, SnappCab, has been chosen as the winner in The Innovation Hub‘s Maxum Business Incubator. It was one of the final five chosen to pitch their innovative products to a group of venture capitalists, innovators, entrepreneurs and the public at the Absa Maxum annual showcase in Pretoria, South Africa yesterday.
Anton van Metzinger, CEO of SnappCab, was available to collect the prize valued at R50,000 sponsored by Absa. He said that with the prize, SnappCab will be looking to further expand and innovate its existing methods of business:
Sponsored by Absa and noted for being Africa’s first internationally accredited Science Park, the Innovation Hub offers a pre-incubation programme (renamed Maxum Innovation Factory) which is between six to nine months’ duration and the main incubation programme (Maxum Core) which lasts up to three years.
The programme focuses on encouraging growth related to innovative knowledge and technology-based enterprises in Gauteng.
IT News Africa reports that as the final Maxum Incubation Programme winner, the company will now head to New York, Silicon Valley and Miami in what’s described as being a “fact-finding mission”.