Johannesburg, South Africa, 10 September 2020 – I’M IN Accelerator, a leading technology accelerator that provides seed capital investment in early stage start-ups and UCT GSB Solution Space, an ecosystem of high-impact early start-ups, today announced a strategic partnership. The partnership will enable early stage technology start-ups with limited resources, to access seed investment, tailored business, and technology support in order to achieve market growth and sustainability.
Together I’M IN Accelerator and UCT GSB Solution Space will exchange entrepreneurship development expertise, collaborate on various interventions, and facilitate integrated pipeline support opportunities for early stage technology start-ups.
Commenting on the partnership, Shiela Yabo, Programme Manager at UCT GSB Solution Space said: “Working with I’M IN Accelerator is an amazing opportunity for us to address the huge challenges in the start-up ecosystem through high-end acceleration, seed capital and commercialisation support.”
“The shared knowledge that comes with networks and collaborations is crucial in creating a conducive ecosystem for start-up entrepreneurs to thrive. Through this partnership, we look forward to seeing how these entrepreneurs will progress and gain positive traction in their respective markets.” Octavius Phukubye, Entrepreneur in Residence and Acting Accelerator Manager, I’M IN Accelerator.
The objective of this partnership is to help launch Black-owned, high growth technology start-ups by providing opportunities to technically apt entrepreneurs, foster an enabling environment to increase development of quality pipeline, investment ready technology entrepreneurs including youth and people living with disabilities.
About I’M IN Accelerator:
I’M IN Accelerator, founded by IDF Capital, seeks to launch African owned, high growth technology startups into the South African technology sector by providing opportunities to technically apt entrepreneurs with limited access to resources. I’M IN partners with entrepreneurs who have commercially viable application technologies by facilitating access to seed funding of (up to) R1,5Mil through early stage equity, in conjunction with business development support and one-on-one mentorship from industry specialists. The accelerator allows startups to test their assumptions and validate their products in the market, commercialising startups that show real market potential.
Since its inception in 2015, I’M IN has through its program, trained 97 technology startups, invested in 35 and provided capital of over R38-million.
About UCT GSB Solution Space:
The UCT GSB Solution Space is an ecosystem for high-impact early-startups, corporate innovation, and entrepreneurship development & research. It was founded in 2014 at the University of Cape Town Graduate School of Business from the UCT Vice Chancellor’s Strategic Award, and has further been supported by the MTN Group since 2015. For more information on UCT GSB, visit their website: http://gsbsolutionspace.uct.ac.za/
Tel: 011 772 7945
Facebook: IM IN Accelerator