Many people have a clear sense of their goals and career endeavours, but limited information or a lack of resources often restricts them from achieving their goals.
South African mentors, investors, local tech stars, entrepreneurs and business leaders will greatly benefit from a new Google initiative called ‘Umbono,’ meaning vision, sight, or idea.
This Cape Town-based technology incubator aims to equip those who are passionate about technology and entrepreneurialism through funding, mentoring, and business support.
Companies that have funding can also apply and no business plan is required, only ideas, a team and company’s thought on the business execution around the product.
Google’s presence and profound committment has us asking: Why Cape Town?
According to TechCrunch, “Umbono’s home city of Cape Town…has for years been attempting to position itself as a hub of innovation and technology in subsaharan Africa. The Cape IT Initiative, a non-profit organization dedicated to developing information and communications technology in South Africa, has been lobbying Google (and others) to locate their incubators in Cape Town for some time.
Along with Cape IT, Cape Town is home to Silicon Cape, a similar initiative aimed at fostering tech entrepreneurship in South Africa.”
The first-round of applicants will be accepted until 15 April.
Go to the Umbono website for more information.
