Deadline: 7 September 2018
Do you have a business or idea that could change the face of financial services? If yes, then apply for the AlphaCode Incubate Programme!
Applicants are invited to apply for the AlphaCode Incubate programme to identify and partner with the most innovative financial services entrepreneurs. AlphaCode Incubate, in partnership with Bank of America Merrill Lynch South Africa and Royal Bafokeng Holdings, is offering a 12-month tailored financial services programme to entrepreneurs.
Benefits
- Grant Funding: R1 million in grant funding to transition their business to the next stage, pay a salary or grow their team.
- Alphacode Incubate: Participation in a R500 000 12-month tailored financial services programme. This will provide personalised mentorship from those who have gone before participants, monthly expert-led guild sessions, access to a cohort of like-minded entrepreneurs, Rand Merchant Investment Holdings’ extensive network of thought leaders, potential clients and capital.
- Office Space: Free office space, worth R250 000, for 12 months in a centrally-located premium co-working environment in Sandton.
- Business Support Services Access to R250 000 worth of expert marketing, legal, regulatory and technology services.
Eligibility Criteria
- Entrepreneurs with innovative financial services business models i.e., payments, insurance, savings and investments, advisory, data analytics, blockchain.
- Entrepreneurs with an early stage idea, concept or business not older than 2 years.
- Entrepreneurs with courage and resilience to make the idea, concept or business a success.
- Must be black-owned (at least 51% owned and managed by black South Africans).
How to Apply
Applicants can apply online via given website.
For more information, please visit AlphaCode Incubate.