ENTRANCE CRITERIA
Qualifying startups with registered businesses that are in the process of launching (have a proof of concept) or have launched with a revenue not exceeding R2million (USD$135k). The product or service must address current and future demand and is technology enabled. The founders have a clear intention to grow their business and attract investment. Entrance into the programme is subject to a business case assessment; company valuation; a psychometric test; and whether the business is strategically aligned to 22 On Sloane’s vision
INCUBATION KIT:
+ R1500 (USD$100) per month (commitment fee payable by the startup)
+ 24hour/7days week access into 22 on Sloane
+ Hosting an event at the Atrium (1 event inviting up to 50 people) event must be in relation to your startup
+ Uncapped WI-FI
+ WorkSpace (A Desk and chair)
+ Connecting you to various networks in your industry
Key FOCUS Areas
The Incubator programme provides toolkits to help startups understand:
Developing An Identified Market Opportunity
Helping You Launch Your Startup
Creating A Go-To-Market Strategy
How Best To Finance & Ensure That Your Startup Is Profitable
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Other Programmes
22 On Sloane Mentorship Programme
The 22 On Sloane Mentorship Programme is designed to provide our Startups with valuable guidance and support from corporates, academics, business leaders and/or industry experts. In exchange for their time and expertise -22 On Sloane will reward them by moving them up the mentorship levels. At level 3, participants are recognized as certified 22 On Sloane Mentors, and are offered entrance into the Angel in Residence Programme.
22 On Sloane Accelerator Programme
This programme is designed for startups that are post-revenue and ready to scale and attract investments into their company. The Accelerator programme will help startups understand the valuation of companies, scale, investment readiness framework, options for growth investment restructuring, understanding term sheets, and financial models.