Entrepreneurship Development

Enter for the MTN Entrepreneurship Challenge powered by Jumia…

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The MTN Entrepreneurship Challenge powered by Jumia was born out of the desire to contribute to building a stronger and more sustainable business environment in Africa and to boost the entrepreneurial spirit of Africa.

It is a Pan-African challenge and invites teams from across the continent to compete for over $75 000 in prizes, including investment, cash and in-kind awards. Teams will have the opportunity to meet and network with early stage investors, experienced business professionals and successful entrepreneurs who will serve as judges.

Reflecting both the MTN Solution Space’s and Jumia’s passion for responsible e-business, the focus will be on sustainable and responsible digital solutions for the African market. The main criteria that will be evaluated are: Fit to African Market; Operational Feasibility; Innovation and Financials.

There will be cash prizes for the 3 finalist teams, as well as a trip to Cape Town, South Africa to present at the MTN Entrepreneurship Challenge powered by Jumia Festival in May 2016. The winners will be announced at the festival with the top team being awarded the opportunity for incubation at the premises of either MTN Solution Space in Cape Town, or at one of 9 Jumia offices across the continent.

Subject Relevance – Area of Reference:

Africa is moving faster and further into the digital age and smart and easy digital solutions are becoming more relevant and more vital.

A pure internet-based solution is therefore the primary criterion for this challenge.

Below are examples of relevant areas of interest:

E-commerce marketplaces
Online classifieds
Lifestyle marketplaces
Online collaborative solutions
Education technology
Financial technology
Health technology
SmartCities and solutions

Application Round:
15 February 2016 and closes on 27 March 2016 at 23:59 GMT.

Application Guidelines & Submission of Entries-
All applications must be complete and include both Executive Summary (2 pages including SWOT Analysis) and a Financial Statement.

Applications must be in French or English only.

Applications must reflect the evaluation criteria and be in line with the subject.

You can submit your application here.

If you have any questions that are not answered on the website here or on the FAQ page, you can contact the MTN Entrepreneurship Challenge powered by Jumia team:

Email: mtnec@gsb.uct.ac.za

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