Bids & tenders - Featured - Top Stories - May 18, 2021

Start-up hub 2nd value creation challenge takes off

By Staff Reporter

Eight2Five powered by Old Mutual in partnership with British Council launched the Second Phase of the Value Creation Challenge.

The partnership has been established on the basis of supporting businesses and start-ups that provide innovative and sustainable solutions to socio-economic and environmental challenges.

“We believe that over the long-term, creating shared values within our societies is the most sustainable way to improve livelihoods. This journey starts with transformation of how we do business through digital solutions, accessing skills, and technically assisting each other in our communities,” Eight2Five representative said.

The challenge is open for all Zimbabwean citizens between the ages of 18 to 45 with startups less than 7 years in operation.

Seed capital is available for at least four businesses or start-ups that make it to the Accelerator Program which is set to begin in July this year. These four businesses will stand a chance to get up to USD25 000 in seed capital.

In addition to the seed capital, the selected businesses and startups stand to gain free office space at the exquisite Eight2Five Innovation Hub, mentorship, company development services in the form of marketing, human resources, and capacitation workshops.

The target for this challenge are young businesses and startups that fall under the following pillars: data analytics, emerging technology, digital content creation, climate action and young and funky.

Eight2Five Innovation Hub is an innovative hub that partners with entrepreneurs to achieve a shared vision of solving real world and business problems through technology.

Eligible businesses and start-ups are encouraged to apply before the 14th of June 2021, after which shortlisted applicants will be invited for interviews



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