Entries for Gauteng Accelerator Programme still open
Entries for the 2022 Gauteng Accelerator Programme (GAP) Innovation Competition have officially opened, with a total of R3 million in seed funding up for grabs for aspiring innovators and entrepreneurs to launch new businesses.
Entries for the 2022 Gauteng Accelerator Programme (GAP) Innovation Competition have officially opened, with a total of R3 million in seed funding up for grabs for aspiring innovators and entrepreneurs to launch new businesses.
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As The Innovation Hub’s flagship annual programme, the GAP Innovation competition aims to support the next generation of South African start-ups in categories such as ICT, Medical, Biosciences, Green Economy and the Township Economy.
Successful applicants will have the opportunity to participate in training designed to help them develop critical business skills and will also be matched with appropriate mentors to provide them with guidance on their business strategies.
At the end of this programme, a panel of judges will then select winners from each of the competition’s five categories.
In addition to cash prizes and seed funding, these winners will receive incubation support at The Innovation Hub, intellectual property advice, and access to a network of industry and governmental partners.
Since its launch in 2011, the GAP competition has received over 1,400 entries and helped to launch over 100 successful start-ups.
“The GAP competition aims to build a better future by supporting novel ideas and products with the potential to completely transform industries and meet the evolving needs of our society,” says Advocate Pieter Holl, CEO of The Innovation Hub.
Competition hopefuls must first join The Innovation Hub’s free sub-programme, the Business Basics Workshop (BBW), to prepare for the application process.
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Applications can be made online via The Innovation Hub’s website, and the workshop will be held virtually for two days.
Applicants have until July 15, to submit their online applications to the GAP competition.
The Innovation Hub will then select successful entrants for participation in the programme, and the winners will be announced in November.
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