Are you a young entrepreneur from Kenya? Are you an inventor, maker, coder, or have an exciting project that you would like to turn into a viable business? TechBridge Challenge 2019 is looking for ideas to start up! It will be held in Mombasa, Kenya from January to March 2019.
The Mombasa TechBridge Challenge is a program where selected participants learn entrepreneurial skills and how to develop innovative ideas from experienced professionals. Its main goal is to find good business ideas and entrepreneurs to start promising new companies.
The participation is open for current and recently graduated students of universities, colleges, institutions, and other young entrepreneurs with startups within Mombasa, Kilifi, Lamu, Taita-Taveta, Tana River and Kwale. Participation is free of charge.
Four themes to be developed:
Digitalization of businesses: They will be studying how mobile phones can and digital tools generate more value, both ‘business to business’ and ‘business to consumer’
Innovative business ideas for coastal resources: the matter is to see how the natural resources in the Coastal region can generate more income through a more efficient value chain using tech.
New electronic and IT technology in a Kenyan setting: in this theme, they will see how new technology, such as drones, 3D printing, and virtual reality, can be used in an innovative way to create business opportunities.
Circular Economy: How can businesses in waste management, recycling, and sustainable food supply be part of the thriving economy? This is the matter of this theme.
TechBridge Challenge program
The selected applicants will participate in two workshops. The first workshop will be held for 4 days in January 2019. During the six week period after, the selected teams will work on their innovative product ideas using the tools learned. In March, at the end of the second workshop, the teams shall pitch their idea in front of a jury.
Prizes for winners
Prizes for the winners have a total value of more than KES 1,000,000.
Winner: Cash Prize of KES. 30,000, Seed money of KES. 70,000 and 9 months incubation, international mentoring and access to further investment.
1st Runner’s Up: Cash Prize of KES. 20,000, Seed money of KES. 50,000 and 9 months incubation, international mentoring and access to further investment.
2nd Runner’s Up: Cash prize of KES. 10,000, Seed money of KES. 30,000 and 9 months incubation, international mentoring and access to further investment.
Potentially, 7 other winners awarded Seed money, 9 months incubation program, international mentoring and access to further investment.
Application and deadline
The three categories of applicants include a team with a business idea (maximum 4 people), an aspiring entrepreneur with an idea and skilled business developer or programmer that will participate in developing product ideas submitted by others.
For further queries please email: firstname.lastname@example.org or contact Sharon at the TechBridge Startup Hub at City Mall, Nyali.
The deadline is December 13, 2018
Visit TechBridge invest webpage for details.
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