Denis Opudo
Most of the startups tend to fail to see the light at their early stages. This is due to the lack of enough personal and financial support needed at that stage. Therefore, the good ideas that entrepreneurs have tend to go wasted. But many organizations and startups have come in to bridge the wide gap that is there to make the ideas alive. This has helped entrepreneurs to come up with solutions to many problems that are affecting the locals.
A partnership between JP Morgan and Tshimologong Precinct has led to the launch of Africa Rising 4.0. This is an incubator program that aims at supporting digital entrepreneurship. It also aims at supporting the growth of startups at an early stage in Johannesburg, South Africa. The program will run for twelve weeks. It will teach about the importance of entrepreneurship. It will also work on developing innovative digital business.
The incubator program will be attended by a total of 15 startups. Its curriculum is developed to accommodate many entrepreneurs taking part in the program. The main focus will go to the issues affecting startups at the early stage. Experts will also be there to offer the much-needed support to different startups. The program is offering a platform that will expose the local startups to the local and global entrepreneurs mentors. Through this, it will assist the early stage startups with the needed basic technology programs. Furthermore, it will offer them skills which offer instant changes to the startups. This is according to Tshimologong Precinct’s enterprise development manager Shaun Randles.
Those who have an interest in taking part in the program need a proof of ideas with a video presentation or a mock-up. Furthermore, they have to prove that their ideas can offer the solutions needed by the customers and it is highly in demand. Participants must be above 35 years of age who possess a BEF profile. Furthermore, they must come to those households with low income. The idea must also prove that it needs a digital development that focuses on software, hardware content that includes animations, games or apps.
