Winners have emerged at the #HackJozi challenge organized by the Johannesburg Centre for Software Engineering.
The three top ideas have snagged a total of ZAR 1.7 million ($136,000) prize money, according to a Disrupt Africa report.
MoWallet, Lazy Lizzard and MoveThisStuff were the three top startups from the ten finalists that pitched at the challenge’s demo day after tuning up their ideas at the one-month incubation at Seed Academy.
MoWallet, an app that aids in distribution of vouchers for fast-moving consumer goods won the first prize of $80, 000 and the two runners up, Lazy Lizzard and MoveThisStuff, a logistics startup, each got $28, 000.
“The #Hack.Jozi Challenge offered extensive support to finalists. Entrepreneurs need access to seed funding as well as access to industry contacts. We have helped to resolve these challenges,” Disrupt Africa quoted Zolani Matebese, head of broadband at the City of Johannesburg
The winners will also receive up to $400, 000 in support and one year free hosting from IBM.
The event was supported by Witwatersrand (Wits) University, Seed Academy and IBM.