Local internet service provider, ZOL Zimbabwe, has once again thrown its full weight behind the ZOL Startup Challenge. The tech startup showcase, now in its fourth year, has had ZOL as its title sponsor since its inception in 2011.
The ZOL Startup Challenge is an annual competition for tech startups that pits participants against each other with the winning teams being awarded prizes in the form of cash and support services.
Some of the startups that have been successful include the RLMS, Football Zone, Test Labs, Zimbo Kitchen and School Sports Network. These startups have remained viable after the competition, an aspect that the startup challenge tries to promote by identifying participants with a strong display of commitment towards their projects.
David Behr, the CEO of ZOL, believes the challenge is an excellent springboard for startups seeking to mould their ideas into scalable sustainable business models. “ZOL Zimbabwe has always been committed to the growth of a tech ecosystem that harnesses the internet’s capabilities for the creation of sustainable businesses that have a strong impact on the country’s economy.”
Techzim CEO, Soul Kabweza has also pointed out how the ZOL Startup Challenge is a focal point for tech startup growth and development. “We are excited to be involved in the rollout of the latest edition of the ZOL Startup Challenge with ZOL. This year’s edition will have a greater emphasis on mentorship and skills development for participants which will be a great precursor to startup scalability. ”
Participants in the ZOL Startup Challenge will be drawn from every part of Zimbabwe with a far reaching awareness campaign kicking off prior to the knockout stages. There will be different startup categories to create a level playing field. Finals for the challenge will be held on the 13th and 14th of November 2014 and $20 000 has been put up for the winning teams.