Hatch Innovator Trust Incubator Programme 2024

Hatch Innovator Trust Incubator Programme 2024

Application are now open for the Hatch Innovator Trust Incubator Programme 2024. The Innovator Trust was created to support the growth of small black-owned Information and Communications Technology (ICT) businesses in South Africa. Through our programmes, we support and nurture the growth of SMMEs by facilitating training that develops their skills as business owners, and provides necessary resources and mentorship, ensuring they become sustainable businesses contributing meaningfully to the ICT sector and the country’s economy.

Innovator Trust, the pioneers in empowering ICT entrepreneurs and fostering innovation, presents its groundbreaking Enterprise Development programme (HATCH), now accepting applications for 2024 until 14 September 2023.

Innovator Trust, powering entrepreneurial success

Innovator Trust is based in South Africa and focuses on developing and supporting technology-enabled businesses. The Innovator Trust is enabled by Vodacom to support the growth of sustainable small businesses in the ICT sector. Since inception, the programme has been instrumental in increasing job creation, driving innovation among small businesses and contributing to the greater economic transformation of South Africa through their support of SMMEs.

With a mission to educate and empower entrepreneurs in the ICT space, Innovator Trust aims to bridge the gap in the technology sector and create a sustainable ecosystem for growth. Positioned at the forefront of the industry, Innovator Trust’s comprehensive Enterprise Development programme (HATCH) has propelled businesses to thrive and succeed in the face of adversity.

Enter the realm of success, gain support beyond funding: For the last decade, this sophisticated initiative has been meticulously designed to provide holistic entrepreneurial support aimed at unleashing your potential as a business owner, and amplifying your business’s growth.

Ignite your skills and level up: Experience an immersive personal and professional growth journey through tailored training sessions delivered by industry experts. Delve into cutting-edge ICT strategies, refined management techniques, and advanced business acumen.

Mastermind mentorship: Immerse yourself in the knowledge, insights, and guidance of seasoned mentors who have conquered the ICT landscape, helping you navigate challenges and seize opportunities with finesse.

Innovator Trust’s Enterprise Development programme spans 24 months, offering you an extended period of focused development and growth. During this time, you can expect to receive a range of invaluable support services tailored to your specific needs, including:

  • Business development
  • Negotiation skills
  • Entrepreneur development
  • Personal development plans
  • Business financial accounting
  • Digital marketing support
  • Health and safety training
  • Business presentation skills – be pitch deck ready

Eligibility for the Hatch Innovator Trust Incubator Programme 2024

The recruitment drive for 2024 is targeted at SMMEs in the following categories: IOT/AI, fintech, e-commerce, and digital and software development, supporting an even more significant number of SMMEs nationwide, with a particular emphasis on female entrepreneurs in the ICT sector who meet the qualifying criteria.

Business criteria:

  • The business must have been trading for more than 24 months.
  • Be classified as an EME/QSE entity in the ICT sector, focusing on software, AI, cloud, IoT, analytics, virtual reality, or digital commerce.
  • The entity must be at least 51% black owned.
  • The business must have a minimum monthly income of R15,000.

Required business documents include CIPC documents, certified director/owner IDs, shareholder certificates, valid BEE certificates, valid tax clearance certificates and the latest financial statements or management accounts.

In addition to the required business criteria, Innovator Trust understands the significance of professional compatibility.

How to Apply – Hatch Innovator Trust Incubator Programme 2024

Deadline: 14 September 2023.

Applications are now open, visit http://www.innovatortrust.co.za/ and click the “APPLY NOW” button.