The e-track programme, a three-phase venture acceleration program run by UCT GSB solution Space, has chosen fifteen African startups to participate.
Venture Launch, the first stage of the most recent iteration of the e-Track Program, began about five weeks ago. It is managed by the UCT GSB Solution Space. UCT GSB is a specialist centre within the University of Cape Town’s Graduate School of Business that focuses on high-impact early businesses, corporate innovation, and the development of entrepreneurial skills.
The initial group of over forty ventures was reduced to fifteen for the subsequent round, known as Venture Exploitation, after two days of competitive pitching to a panel of industry experts.
A record number of people participated in Venture Launch this year, and as a result, a record number of startups pitched for Venture Exploitation. “We would have loved to have accepted all of them into the second part of the competition, but we had to make some difficult decisions and could only choose 15 of them,” said Vanessa Ramanujan, program manager at the UCT GSB Solution Space.
Among the startups chosen for the program are Sgela Saam, a peer-to-peer teaching and learning platform, Sleep Science, a sleep consultant, and Prescribe, a prescription management application tool.
Agriculture, education, wellness, marketing, climate change, and artificial intelligence are among the startups chosen for the second cohort.
These businesses are from all over Africa, including Cameroon, Nigeria, South Africa, and Namibia. The pitching process will conclude in November.
It has already started, and it will end in November.