MTN,Jumia Search for Entrepreneurs in Ghana and across Africa reaches crescendo


Jumia Ghana, in partnership with MTN, MTN Solution Space screened 10 shortlisted teams at a live pitch event which took place at the MTN head office on April 8th 2016.
PRINCE KWAKYE
The  10 teams ; UniApp, KwikAuto-Care Group, SchoolFees, Chalkboard Education, Hovver, Medrx Limited, Diggibonds, eCampus LLC, Leran Delivery Service, eNow were shortlisted from 85 received applications in Ghana. The teams did a live pitch before 3 judges: Funlola Abe, MD, Jumia Ghana, Liticia Browne, Investor Relations Manager of Ghana Angel Investor Network and William Senyo, Co-Founder of Impact Hub Accra who guided the teams through the live pitches as well as providing feedback where necessary.

Speaking to the media after the live pitch, the marketing manager for Jumia Ghana, Mr. Prince Kwakye stated that the challenge is aimed at promoting and encouraging youth in entrepreneurship and help reduce the high rate of unemployment in Ghana.

The Challenge:
The first round of the multi-phased competition, which is the application stage opened from 16th February to 27th March and received massive response across Africa. Other African countries who took part in this challenge are ; Nigeria, Cameroon, Rwanda, South Africa, Kenya, Morocco, Ivory Coast, Tanzania, Egypt, Senegal, Benin, Uganda, Algeria, Zimbabwe, Sudan, Zambia, Togo, Bostwana etc.

The finalist will be announced on 16th April 2016, and as part of this achievement, the successful teams will get the opportunity to attend the Entrepreneurship Festival, hosted at the University Of Cape Town Graduate School Of Business in South Africa on May 27 2016.

The festival, aims to facilitate the collaboration of over a thousand attendees with prominent and innovative speakers and workshop experts from across the world. Finalists will have to pitch their business to a room of successful entrepreneurs, business leaders, judges, investors and international media, after which the winner of the challenge will be announced.
The winner of the MTN Entrepreneurship Challenge powered by Jumia will win a cash prize of US $25 000 towards their start-up, and will also benefit from a yearlong partnership with Jumia, where they will have the opportunity to work from any of JUMIA’s offices across Africa.
This will enable the winner to learn from, and be mentored by experienced and successful entrepreneurs in the JUMIA network.
 The winner will also have access to a Facebook Start Program to the value of US $15 000, which includes tools and services needed to build mobile applications. In addition, they will have the opportunity to work from the MTN Solution Space at the University of Cape Town’s Graduate School of Business. The two runners-up will each receive US $5 000 towards their projects.


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