Cape Town-based incubator the Bandwidth Barn is partnering with Telkom, a telecom company to launch the InnoTech incubation and acceleration programme. They are now inviting applications from startups focused on the themes Better Living, Sustainable Business, Smart Cities and Greener Planet.
The InnoTech accelerator applications are now open for the programme, which will run until March 2016. It is focused on web and mobile application development, software development and design and gaming, and looks to stimulate the creation of new businesses and support the growth of existing startups through the uptake of technology and innovation capability.The Bandwidth Barn said it was looking for small businesses with big ideas, and talented teams that can use the power of ICT for good. It cited examples such as gaming for improved matric maths scores, smart grids for renewable energy integration, optimised video for community news, and real-time data for disaster management.
Selected startups will receive office space, connectivity, mentorship, business training, and access to markets and additional funding via Telkoms Enterprise Development Fund.
This is a great opportunity for entrepreneurially-inclined developers to get really robust business support through our incubation programmes. This is the ideal initiative to springboard these coders and developers into the marketplace, equipped with skills to run sustainable businesses, Michelle Matthews, programme head of InnoTech at CiTi, told Disrupt Africa.
Ian Merrington, chief executive officer (CEO) of CiTi, said successful candidates would join a league of entrepreneurs who have successfully come through such programmes over the last 15 years.
Being backed by this legacy makes this programme more than just a pat on the back; it is a formula for business success, he said.