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How to Apply for MTN Solution Space e-Track Program

The E-Track Programme, which is run in collaboration with Ayoba, is a three-phase early-stage venture acceleration and capacity-building programme for high-impact entrepreneurs worldwide. The programme is meant to help teams establish scalable businesses with international potential using a high-touch scale-up methodology. In this article, we take a look at how to apply for MTN Solution Space e-Track Program.

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Individual participants have the option of developing their own business idea or joining an established venture. The programme also provides a venue for corporate partners to engage in and collaborate on specific research and development goals. Read also MTN Foundation Scholarship Application Portal

E-Track Programme Phases

E-Track is a three-phase venture acceleration programme that addresses the various stages of venture creation.

  • The first phase is a five-week Venture Launch course that focuses on verifying the venture concept.
  • The second phase is a 12-week Venture Exploitation course designed to accelerate the development of the validated venture.
  • Phase three is a 12-week Venture Scaling course in which enterprises are supported by ecosystem partners and investors as they grow and thrive in their markets.
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Requirements for MTN Solution Space e-Track

Below are the requirements for MTN Solution Space e-Track

1. Scale-Ups & High-Impact Individuals

We are seeking for scale-ups that are innovative and have a significant impact, as well as solutions that are relevant to the African market and have global potential.

2. Individuals and Teamwork

We are searching for high-impact individuals as well as teams. Individual participants have the option of developing their own business idea or joining an established venture.

3. Traction & Opportunity

The original concept formulation displays a thorough comprehension of the problem as well as a market demand or opportunity. There must be proof of early market testing, customers, revenue, patents, or other intellectual property filings to support the idea.

4. MVP / Prototype

The majority of our scale-ups arrive with a business plan, an early prototype of a product, and a couple of team members. They have a functional prototype with a minimal feature set that is ready for early-market testing in order to further establish product and market fit.

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Process of Application

Below is how the selection process will be done, based on the application process.

Online Application

Individuals and scale-ups apply online prior to the start date of each E-Track Programme.

5 Week Venture Launch Programme Pre-Selection

Thereafter, the top scale-ups and individuals in the Venture Launch Programme are selected by UCT GSB Solution Space.  The 5-week training and preparation programme is intended to validate the enterprise opportunity and team.

Venture Exploitation Program for 12 Weeks

The top ten scale-ups are chosen to participate in the Enterprise Exploitation Programme for a 12-week period in order to accelerate the development of their venture. This is accomplished through a high-touch scale-up strategy aimed at concretizing the product and securing consumer buy-in.

Ventures Scaling Programme

The final stage of the programme intends to expand the enterprise beyond the partner markets. Investors, the partner, and subject matter specialists, such as a legal team, a tech team, and a business development team, help to facilitate the process. Throughout partner markets/opcos, entrepreneurs connect with investors, partners, and market specialists.

Visit the e-Track Programme’s official website for additional information and to apply.

Source: Nyscinfo

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