STARTUP1

South Africa’s “The Innovation Hub” has announced that four startups will get access to incubation services as well as a chance to win ZAR3 million (US$250,000) in funding in this year’s Gauteng Accelerator Programme (GAP).

According to a report on Disrupt Africa, four categories; ICT, medical, green and biosciences will be featured in the GAP competition for Gauteng-based researchers and entrepreneurs.

“The Innovation Hub is running four high profile innovation competitions for Gauteng-based researchers and entrepreneurs with plans to be global leaders in the Green, Medical, ICT, and Biotech sectors,” The Innovation Hub said.

The Winners of ICT, medical, green and biosciences category will get ZAR190,000 (US$16,000), ZAR200,000 (US$17,000), ZAR240,000 (US$20,000) and ZAR500,000 (US$42,000) respectively. Also, all winners will get access to incubation services from The Innovation Hub’s Maxum Business Incubator and mLab.

Applications for the competition is on and interested startups can register for respective categories here

 

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