In the March end, Google Africa launched “Umbono,” a new technology incubator, which will be based in Cape Town, South Africa.
“As part of its goal to strengthen the web ecosystem across Africa, Google hopes that Umbono will further encourage the growth of the developer community and support the country’s already flourishing tech sector.
For six months, teams will enjoy free office space and bandwidth, in addition to the US$25,000 to $50,000 (ZAR 175,000 to 350,000) in funding they’ll receive from Umbono’s panel of angel investors and Google. Teams willn’t only benefit from local connections, but also from the extensive mentorship network of Google experts who can provide guidance on issues ranging from product design and commercialization to legal incorporation and valuation,” stated Google.
Applications are available on the Umbono website from March 18, open to all South African residents. The deadline for first round applicants is April 15, 2011, but the website will continue to host applications for all interested candidates.
To learn more and apply, go to Umbono.
[Source: Google Africa blog]