Applications Open For UCT GSB Solution Space 2021 E-Track Startup Accelerator
Applications for the University of Cape Town GSB Solution Space 2021 E-Track Startup Accelerator programme are now open.
Established by The UCT GSB Solution Space in partnership with ayoba, the accelerator aims to support startups and entrepreneurs across Africa with a three-phase venture acceleration programme.
The E-Track Startup Accelerator programme. Applications can be completed online.
The programme is broken down into three-phases;
Phase one is Venture Launch and focuses on validating the business concept
Phase two is aimed at accelerating the development of the validated business model
Phase three aims to scale the venture with the support of various partners and investors.
The programme is targeted at high-impact individuals, aspiring entrepreneurs, and experienced business founders. Applications for the first phase have now opened and is a prerequisite to be accepted into the next phase of the prestigious programme.
Venture Launch phase
To apply for the Venture Launch phase, interested applicants must adhere to the following requirements:
Either has or want to develop a for-profit or non-profit scale-up
At the end of the first phase, participating teams will have developed, prototyped, and verified a novel product or service which can be developed further in the second phase of the E-Track Programme.
In an official press statement, the UCT GSB Solution Space explains that the first phase is incredibly valuable as it provides a foundation to participants on how to transform their concept into a tangible business.
“Venture Launch is a demanding course that pushes participants but also provides the resources to help them navigate the challenges of implementing an early-stage scale-up idea. Should participants decide not to continue with their ventures after the Venture Launch course, they will still leave having learned critical and broadly applicable techniques about starting and launching a venture.”
Not only does the programme aim to provide participants with the much-needed tools but it also facilitates a space for collaboration as it connects startups with resources, networks, and talent to scale up their business.
