During the week of 23rd–27th February 2015, SOCIONEXT AFRICA collaboratedwith Resolution Circle and the City of Johannesburg’s Department of EconomicDevelopment on its Green City Challenge to deliver an in-depth technical &business incubation program. Out of 80 applicants, 20 ventures were chosen toundergo a week of intensive practical training focused idea scalability,business development and getting investment ready. Of the 20 enterprises, 8will be chosen to enter the final round in August 2015, each of which willreceive a cash prize of R250,000 with the final winner walking away with a R1million grand prize.

Socionext’s unique training program (built on the Lean Start-up methodology)provided the entrepreneurs with an intense, hands-on learning experiencerooted in proven, validated and successful business models. This allowed theentrepreneurs to create a clear prototype and Minimum Viable Product (MVP)in less than a week, test their assumptions with real customers, and redesigntheir product/service offering as necessary, thereby saving time, money andresources, and shortening the development cycle. Based on the program’ssuccess, Socionext have been invited by Resolution Circle to offer the LeanStart-up methodology program to several groups of entrepreneurs on amonthly basis.

SOCIONEXT offers world class training in social innovation, entrepreneurshipskills development and rapid prototyping. Through its 5 to 8 day socialinnovation and entrepreneurship training program, it takes participants througha step-by-step process from idea-generation through prototype design, testing,development of a minimum viable product (MVP) and validation of a businesscase. In addition, SOCIONEXT helps participants to understand co-creationstrategies and project planning based on the principles of game plans anddynamic steering for team management

Testimonials

“Very interactive methods of facilitating. They provide aplatform for views to be aired, and formulated responsesaligned to such views. I find the model useful as itaddresses real problems as apposed to assumed issuesthat may not exist.”

– Enock Ngobeni, CEO, Econo Waste

“The practical insights and real-world learnings were veryvaluable. Kudos to both facilitators – this has beeninvaluable in preparing me for venture capital funding. Itprovides critical insight into how to crystallize my businessmodel and value propositions. Stimulates critical thinkingand strategic planning.”

– Llewellan Vance, CEO, Evolve Technologies

“The training content assisted me in getting to the bottomline and to quickly determine business viability.”

– Anton Pieterse, Founder, Recor Renewable Energy

“The training content has been great in transforming myreally fuzzy, all-over-the-place business idea into adefendable, concrete, structured business.”

- Yolandi Schoeman, Founder, Baoberry

CONTACT:Tjaart Theron t.theron@socionext.org

www.socionext.org

AFRICA