MTN/Jumia launches Entrepreneurship challenge
Are you an entrepreneur? Do you have a business idea? Apply to the MTN Entrepreneurship Challenge by Jumia, a competition giving teams the opportunity to win over $75,000 in prizes, including investment, cash, and in-kind awards. Teams will also have the opportunity to meet and network with early stage investors, experienced business professionals and successful entrepreneurs who will serve as judges for the competition.
Who can apply?
Teams may be comprised of 2 or 3 individuals with at least one member currently enrolled at in an African university or a recent graduate (Academic year 2014 – 2015 or 2015 – 2016) of an African university.
How do you submit your idea?
The MTN EC BY JUMIA uses the Website application platform to manage applications. To enter, the designated team leader should complete the online enrollment form found at www.gsb.uct.ac.za/MTNECbyJumiaApply.
Please note that the Application, Executive Summary and Video Pitch (optional, but highly encouraged) must be completed no later than 23:59 pm GMT, Sunday, March 27, 2016.
Price to winners
- $25,000
- $5000
- $5000
Additional Prizes
- Winners will receive incubation from the MTN Solution Space for 3 months with access to resources, networks and facilities. This includes the option to extend for an additional 9 months based on key milestones agreed.
- Opportunity to work from one of Jumia’s offices across Africa in the following cities: Cairo, Egypt; Accra, Ghana; Nairobi, Kenya; Casablanca, Morocco; Lagos, Nigeria; Dakar, Senegal, Kigali, Rwanda and Dar Es Salaam, Tanzania.
- GetSmarter, South Africa’s top online learning institution, will be awarding the top 20 students a UCT or UCT GSB online short course
- Benefit from the Facebook Start Program and receive up to $15,000 worth of tools and services needed to build your mobile application.
For more information about Jumia/MTN entrepreneurship challenge check out here
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