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The French South African Tech Labs (FSAT Labs), a Cape Town-based incubator and accelerator, has opened calls for application to its third cohort. Applications are set to close on 27 May.
Launched last year, FSAT Labs’ six-month long programme aims to assist tech entrepreneurs turn their ideas into minimum viable products and, ultimately into sustainable businesses.
The incubator and accelerator — which works in partnership with the Small Enterprise Development Agency (Seda) and international technology firm Methys — mainly focuses on digital innovation around smart cities, education, commerce, smart homes and smart media.
French South African Tech (FSAT) Labs’ third cohort is set to kick off in June
After the application deadline, selected startups will be invited to a pitch event set to be held on 4 June at FSAT Labs Century City offices.
The pitch event will culminate in the entrepreneurs behind the top four pitches winning entry into FSAT Labs’ six-month long programme which is set to start in mid-June.
The four selected entrepreneurs will each get between R300 000 and R500 000 worth of professional training and tech services as well as office space.
In addition, the entrepreneurs will also be provided with legal, accounting, digital marketing and communications support, including free tech services around user experience design and product development.