MTN University Entrepreneurship Competition – 1st Place wins $40, 000

MTN Entrepreneurship Challenge for graduates
and undergraduates from over 60 universities
across 13 African countries.
MTN Entrepreneurship Challenge powered by
Jumia is organizing an innovative competition
run by the Graduate School of Business at the
University of Cape Town and Africa Internet
Group. The competition spans across 13 African
Countries (Botswana, Egypt, Ghana, Ivory Coast,
Kenya, Morocco, Nigeria, Rwanda, Senegal, South
Africa, Tanzania, Zambia and Zimbabwe).
The competition will run in 4 phases as follows:
Phase 1: Current students and recent graduates
of African universities submit their applications
until Sunday, March 27, 2016 .
Phase 2: Live pitches-Top 10-15 applicants in
each country present their business to panel of
judges
Phase 3: Selection Committee- Selects 3
Finalists across Africa
Phase 4: Entrepreneurship Festival-Finalists fly
to Cape Town for Entrepreneurship Festival and
pitch their business to an audience of
International investors and successful business
people.
The winner of the MTN Entrepreneurship
Challenge will win a cash prize of $25 000
towards their start-up, and will receive a
yearlong partnership with Jumia, where they will
have the opportunity to work from any of
Jumia’s offices across Africa.
The winner will also have access to a Facebook
Start Programme to the value of $15 000, which
includes tools and services needed to build
mobile applications. In addition, they will have
the opportunity to work from the MTN Solution
Space at the University of Cape Town’s Graduate
School of Business. The two runners-up will
each receive $5 000 towards their projects.
Applications for the first round of the multi-
phased competition are open and will close on
27 March.
Aspiring entrepreneurs can enter in teams by
logging onto http://www.gsb.uct.ac.za/MTNECbyjumia .
Ngstudents.com

Author: Amakvitaa

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