Applications are now open for the MTN
Entrepreneurship Challenge powered by Jumia .
The MTN Entrepreneurship Challenge powered
by Jumia is a pan-African competition which will
bring together over 1000 entrepreneurs, students
and investors, to collaborate on ways to amplify
and consolidate the continent’s entrepreneurs.
The competition will see entries from more than
60 universities in 13 countries across Africa, who
will develop a unique digital application or
smart solution that will solve a tangible problem
faced on the continent.
The winner of the MTN Entrepreneurship
Challenge will win a cash prize of $25 000
towards their start-up, and have access to a
Facebook Start Program valued at $15 000,
which includes tools and services needed to
build mobile applications. The winner will also
enjoy a yearlong partnership with Jumia where
they will have the opportunity to work from any
of JUMIA’s offices across Africa. This will enable
the winner to learn from, and be mentored by
experienced and successful entrepreneurs in the
JUMIA network. Two runners-up will each
receive US $5 000 towards their projects.
Aspiring entrepreneurs can enter the
competition in teams. You can have two or three
people in your team but at least one team
member must be a current student or a recent
graduate of an African university. Shortlisted
teams will move on to a live pitching phase at
their selected universities between 1-8 April
2016, after which the final five projects will be
selected to move through to the Semi-Final.
The finalists will be announced on 16 April 2016,
and will get the opportunity to attend the
Entrepreneurship festival, hosted at the
University of Cape Town Graduate School of
Business in South Africa on May 27 2016. The
festival, aims to facilitate the collaboration of
over a thousand attendees with prominent and
innovative speakers and workshop experts from
across the world. Finalists will have to pitch
their business to a room of successful
entrepreneurs, business leaders, judges,
investors and international media, after which
the winner of the challenge will be announced.
“We are incredibly excited to partner with Jumia
to launch the entrepreneurship challenge. Africa
is a continent of promise, and our aim with the
MTN Solution Space has always been to help
fulfil this promise by developing uniquely
African solutions. We believe that the
entrepreneurship challenge is a key element of
this. The response and willingness from
universities across Africa to collaborate on this
initiative has been truly remarkable and
certainly exemplifies the impact of collective
efforts to foster entrepreneurship among our
next generation of business leaders,” says Sarah-
Anne Arnold, Manager of the MTN Solution Space.
APPLICATION DEADLINE: MARCH 27,
2016
The MTN Entrepreneurship Challenge powered
by Jumia, is born out of a partnership between
MTN, MTN Solution Space and Jumia. For more
information about the MTN Entrepreneurship
Challenge powered by Jumia, visit the FAQ
section of the website.
Click Here:
(www.gsb.uct.ac.za/s.asp?p=618)
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