August 5, 2018 IBOMLLC Team

South Africa’s AlphaCode Incubate Program now receiving applications

Innov8tiv – Blacks In Technology in USA, UK, Caribbean Islands & Africa

AlphaCode, the South Africa-based incubator, accelerator and investment vehicle, is calling out to relevant startups to apply to its Incubate program.

The AlphaCode Incubate program seeks to identify and reward high potential, innovative entrepreneurs operating within the fintech and financial services space. The incubator focuses on early-stage financial services and is powered by the Rand Merchant Investment Holdings (RMI).

The program will rope in the best 16 businesses or ideas from the pool of applicants. The 16 will pitch before a panel of judges, and the best eight selected to proceed to the next stage of the competition. The eight will be taken through a tailored 12-month program and benefit from an entrepreneurial package worth $150,000 each.

The entrepreneurial package will be $75,000 in grant funding and $75,000 in support that will include mentorship, exclusive office space in Sandton, monthly expert-led sessions, marketing, legal, and other business support services.

We are raising the level and the rewards this year. We want to help take courageous entrepreneurs with seriously disruptive financial services business models to the next level,” said Dominique Collett, the head of AlphaCode.

AlphaCode, through a partnership with the …read more

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