ATTACQ RETAIL INNOVATION CHALLENGE WITH LAUNCHLAB ANNOUNCES KNOWLEDGE ACCELERATION PROGRAMME WINNERS
At an evening filled with excitement, the LaunchLab concluded another successful Knowledge Acceleration Programme (KAP) Pitching Final Event which took place at the Nedbank Stellenbosch University LaunchLab on the 29th of March; where 4 aspiring entrepreneurs pitched their business ideas to a panel of judges in front of a live audience.
The ATTACQ Retail Innovation KAP winners are named as follows:
- Jacobus Kriel from Drive-Buy – A digital drive-thru for Retail Stores
- JD Naude and Charl Cillie from SwiftPay – A RFID inventory tracking and Queue eliminator
- Courtney Bentley from Visibiliti Insight – A platform to track revenue trends and make recommendations
Each of these winners wins further support from ATTACQ and deepening links into the business to help ensure success. These businesses have gained entry to the Countdown Programme, which is a pre-accelerator aimed at getting business accelerator ready. This includes incubation support from the LaunchLab and partners for the next 4 months to be used to launch and further grow their business ideas. ATTACQ will be carefully monitoring the development of these business ideas during this time to gauge their potential see if they can partner further and invest in these businesses.
The judging panel consisted of four judges selected from the EXCO of ATTACQ and LaunchLab representatives, “We were very pleased with the quality of pitches at the final event. The final pitches delivered on our expectations, and we’re excited to see what comes out of the next phase.” says Michael Clampett, EXCO: Head of Asset Management:Retail at ATTACQ.
The KAP is a fourteen-week action-learning entrepreneurship development programme which forms part of the LaunchLab’s Lift-off Incubation process and is designed to develop the practicing and aspiring entrepreneur’s business planning and management skills, and in doing so, develops the foundation for building a successful business.
The content of this programme has been provided by the Centre of Entrepreneurship of Regent University in Virginia, USA, and will be facilitated by experienced coaches and mentors who have been accredited by Mentors and Business Coaches International (MBCI). Entrepreneurs will learn how to better plan and manage key aspects of their businesses to enable better structure and growth of their businesses and to stay competitive.
We identify the Key Learning Outcomes from this programme:
- Identifying viable business opportunities
- Designing competitive business models
- Managing cash-flow, profit & loss estimation and pricing
- Marketing strategy and planning skills
Brandon Paschal, Incubation Manager of the LaunchLab … “It is encouraging to see corporates like ATTACQ engaging in grassroots startups like these companies. ATTACQ is already working with one of them, and is opening the doors wide for the other two. We have already seen some hypotheses debunked and pivots made, which is why we facilitate these partnerships. We’re excited for the successes that come from the next phase.”