Idea Marathon
What is Idea Marathon?
Idea Incubation Programme (“Idea Marathon”) is an initiative of Ennovate Hub, to be facilitated with implementing partners. The Idea Marathon is aimed at supporting entrepreneurs in translating their ideas into sellable product. This programme is designed to fill the needs of nurturing ideas and turning them into visible products, ready to launch into the market.Through this programme, entrepreneurs and their startups are being groomed to become technically Ready for accelerator programmes or seed funding to further proof business concept.
idea marathon 2.0
Idea Marathon Incubation Program is a flagship program of Ennovate Hub, in partnership with Smart Lab that is aimed at providing top level incubation support to early stage startups. We help entrepreneurs to build a desirable and scalable product from inception until they go to market. The incubator program also provides expert mentorship and team capacity building to help startups team members develop the right skills, experience and competences needed to grow their venture. The incubation program will be facilitated in collaboration with Smart Lab, WFP Tanzania, Seedspace, Buni Hub, Ndoto Hub, Robotech Lab and National Economic Empowerment Council.
PROGRAM DURATION
12 Months (6 Month of Incubation and 6 Months of market validation support)
NUMBER OF STARTUPS
10 startups to join incubation for 6 months and 3 startups to proceed to Market Validation stages
SEED FUND
Best startup will receive seed fund for equity
Opening Applications
12th March 2020
Closing Applications
18th April 2020
Application Process
Announcement of Selected Startups
30th April 2020
Interviewing Pre-selected Startups
24th April 2020
PROGRAM TIMELINE
INCUBATION
May 2020 – November 2020
MARKET VALIDATION
December 2020 – April 2020
APPLICATION PROCESS
Opening Applications
12th March 2020
Closing Applications
18th April 2020
Interviewing Pre-selected Startups
24th April 2020
Announcement of Selected Startups
30th April 2020
Eligibility Criteria
Startup must have at least two team members
Startup must have worked on their idea for atleast 3 months
Entrepreneurs must reside in Tanzania and are willing to relocate to Dar es Salaam for the incubation period
We would prefer entrepreneurs to have individual cash flow to sustain their welfare during the incubation period
@ennovateHUB
House no 7 , Plot 224 Bahari Street
Mbezi Beach, Dar es salaam, Tanzania
info@ennovatehub.com
Mob: +255 752 487 779
IMPORTANT LINKS