Mzansi Aerospace Technologies has partnered with the City of Ekurhuleni to bring another edition of the Drone Accelerator Programme to equip those that wish to integrate drone technology into their work flows. This Programme is targeted at start-ups/SME business that are solving some of our most wicked problems that include: crime, informal settlements, emergency response, providing aerial data to infrastructure projects, housing, environmental conservation, etc.
The Accelerator Programme
According to a recent global study conducted by a US-based venture capital firm, CB Insights, the #1 reason for start-up failure is attributed to them building products for which there is no market. Others including, lack of funding, poorly equipped team, lack of scalable business model, etc. Our response to these challenges facing start-ups is a 12-week Accelerator Programme structured as below:
Through this programme we help founders develop their a value propositions using the Lean Start-up Methodology. The programme is 20% theory and 80% practical wherein founders spend most of their time testing and validating their products with their chosen target markets. Founders are assigned mentors and advisors who have been successful in building their drone business and/or are working in some exciting drone projects. The 12-week Programme culminates in a demo day pitching session, wherein founder will pitch their businesses to a panel of funders for possible seed funding to scale their businesses.
All applications will be subjected to the following selection criteria:
Qualifying enterprises are now invited to submit their applications by filling in and signing the form below to be submitted by no later than 16h00 on Monday April 4th, 2022. All applications will then be evaluated against the set criteria. A short-list of enterprises will be invited to 15-minute pitching sessions to a panel of judges. Please note that meeting the minimum requirements does not guarantee acceptance to the programme. The decision of the evaluation and judges panel is final and no correspondence will be entered into. Applications must be sent only by email to DroneAccelerator@mzansiaero.tech.