feretrinity.blogg.se - Kickstart seed fund

Student has developed and researched a socially innovative idea.

Applicants currently enrolled as a University of Cape Town, UCT Graduate School of Business (UCT GSB) student including RAA students, and IVIP.

The test funding supports current students who have developed and researched an innovative idea and require cash funding for further development and pilot to refine their business model. Funding Categories & Eligibility Criteria A. The overall goal is to test and conduct market validation for an early stage venture. At this phase, activities typically concentrate on the first commercial sales, the establishment of the organisation and a final business plan.

Startup: The business model is clear, repeatable and scalable, the product development is finalised and initial marketing has taken place. The overall goal is to develop a tested blueprint for a startup. At this phase, activities typically concentrate on the development of a feasibility plan, pitching deck, prototypes and early market testing. The problem solution and product market fit needs validation and the business model could still be unclear. Pre-Startup: The student/entrepreneur has identified a specific issue, which he/she is passionate about. The Student Seed Fund will support innovative ideas with test funding of up to R20 000 and social enterprise startups with seed funding of up to R100 000. The Fund supports entrepreneurs with innovative ideas for tackling social or environmental problems in low-income communities, with access to seed capital at the business model discovery (or pre-startup) phase and the startup phase. The Student Seed Fund (SSF) is open to all UCT, UCT GSB and RAA students and recent alumni, and entrepreneurs that have gone through UCT programmes such as the Impact Venture Incubation Programme.

The Bertha Centre for Social Innovation & Entrepreneurship and the SAB Foundation (SABF) have partnered to offer the Student Seed Fund to social innovators and entrepreneurs as part of their joint missions to catalyse and invest in change makers. Need Seed Funding to Kickstart your Innovative Business?