Countdown - Application
HOW IT WORKS
If you are 18-35 yrs old and an aspiring entrepreneur, either running a start-up or with a well-researched business idea, you can apply to join our venture builder
To apply you need to complete an online application
Shortlisted candidates are invited to a panel interview
Ten entrepreneurs are invited to join a 5-week pre-incubation trial period
(2 days/week on site training plus extra time for assignments)
Once the trial period is successfully completed, entrepreneurs are eligible to pitch to join the New Ventures Studio Incubator
Five entrepreneurs are selected to join the Incubator.
Memorandum of Understanding is signed and the fun begins!
Why Do We Co-Found Start-ups?
New Ventures Studio Offers:
Marketing, finance and administrative functions – so entrepreneurs can focus on executing the idea.
Analyses of information, creation and implementation strategies and general assistance to help the entrepreneur make smarter business decisions.
Sourcing, securing and maintaining an adequate supply chain, the right market and revenue growth.
Assistance with finding customers and access to a network of professional services.
Help around raising additional funding.
Seed capital of R100, 000 in start-up services in exchange for 20% equity.
Entrepreneurs with a running start-up or a well-researched business idea with the potential to replicate and scale.
Entrepreneurs who wish to transform the world through innovation in any industry.
Entrepreneurs who acknowledge that through the support of a team, they can transform the world faster.
New Ventures Studio believes that it is unrealistic to expect an entrepreneur to possess all the qualities required to have a successful business (e.g. strategic thinking, knowledge in industry, marketing & sales, finances, operations, fundraising and more).
New Ventures Studio skilled team is hands-on; we work alongside the entrepreneur to build businesses. By providing expertise and resources, and assisting in the operation of the start-ups, we increase the entrepreneur’s chances of success, optimizing the environment for business creation and growth.
By co-founding the business, our commitment is to work with the entrepreneur for as long as it takes to make the venture successful.
Larger founding teams have repeatedly shown to have better entrepreneurial performance than individuals do.
We are looking for:
Next Intake: 2018
IN PARTNERSHIP WITH YOUNG ENTREPRENEURS (18 to 35), WE CREATE WEALTH BY CO-FOUNDING FAST-GROWING BUSINESSES.
New Ventures Studio is not an accelerator or incubator; we simply focus on the process of start-up creation using a multi-disciplined and highly effective infrastructure.