Incubation opportunity for female-led tech start-ups

Standard Chartered, in partnership with WomHub, has launched the second Women in Tech (WiT) Incubator Programme in SA.

Initiated by Standard Chartered in the Americas in 2014, WiT is now active across various African markets, supporting women entrepreneurs in the science, technology, engineering and manufacturing (STEM) fields.

Last year, SA joined other African nations to launch the programme. The initiative aims to advance gender equality and empower female entrepreneurs through education, mentorship, networking and investment opportunities, including $10 000 (over R170 000) in non-dilutive seed funding for each of the five finalists.

The second edition of the 12-week programme will begin in September, welcoming 15 selected start-ups.

According to a statement, a rigorous selection process will identify start-ups with the potential to scale. Participants will receive practical training, guidance from industry leaders and opportunities to connect with investors and partners.

Chris Egberink, CEO of Standard Chartered in SA, says: “Promoting gender diversity and female leadership in technology is essential for driving economic growth and sparking innovation.