Google launches technology incubator – Umbono

Internet giant Google has announced the launch of Umbono, a Cape Town-based technology incubator that will provide qualifying internet and mobile technology entrepreneurs with seed capital, mentorship and six months’ office space and free bandwidth.

By bringing together seed capital, Google mentorship, “angel investors”, local tech stars, entrepreneurs and business leaders, the Umbono programme aims to help selected internet or mobile-focused start-up teams to transform their ideas into companies.

“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,” Google South Africa programme manager Johanna Kollar said in a statement this week.

Google said it had selected Cape Town to host the pilot of its new incubator concept because the city was in “the process of positioning itself as a hub for innovation and technology”.

More from SAInfo http://www.southafrica.info/business/trends/newbusiness/googleumbono-230311.htm

 

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