#Africa MTN Ivory Coast launches startup incubator

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MTN Ivory Coast has launched the first edition of its startup incubation programme “Y’ello Startup”, designed to help young entrepreneurs design and deploy innovative digital solutions with a strong impact on the Ivorian socio-economic environment.

The mobile operator will select four startups for the programme, giving them the opportunity to transform their business projects into services for the general public.

It is offering financing of up to CFA5 million (US$9,000), nine months of support by a technical partner and a mentor, access to an equipped and connected workspace, daily coaching sessions, weekly conferences, and access to MTN’s technical platforms.

“The launch of this programme is both an opportunity for young entrepreneurs to be daring to access a brighter world, and for MTN to encourage ambitious initiatives by offering project developers sustainable solutions leads,” said Freddy Tchala, chief executive officer (CEO) of MTN Ivory Coast.

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