SnapScan Sparks Inspiration For InnoTech Fellows

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On Wednesday, InnoTech Fellows took a trip down to the hip and trendy offices of SnapScan in Cape Town. They were greeted and welcomed by SnapScan co-founder, Kobus Ehlers.  The fellows spent more than two hours with Ehlers who unpacked the growth of SnapScan from its roots as a cashless transaction tool for market traders to one of the largest mobile payment systems in South Africa.

Related: Free Seminar: 6 Steps To Building A Great Business

table sitting snapscanThe purpose of the visit was for the fellows to engage and receive experiential learning from a success of a Cape Town start-up. Ehlers had a strong connection with the fellows and advised them on marketing their products, setting up the right systems for success, and other challenges that come with starting a business. “The best advice I can give the Fellows is that you shouldn’t imitate Silicon Valley – solve the problems you find here”, he said.

InnoTech is a Telkom-funded incubator programme that gives robust support to ICT entrepreneurs and developers as they take their innovative concepts to market. Housed at the Bandwidth Barn in Woodstock, InnoTech forms part of the telecom’s FutureMakers programme.

Related: InnoTech Starts With A Bang

Over the past six weeks, the fellows have been validating their business models and preparing for their final elevatorfeature snapscan
pitches and pitch deck leading them to the next phase of the programme.

InnoTech fellow, Lee Van der Vindt said, “I learnt a lot from Kobus, everything that he said made sense in terms of what to focus on in a business. He gave good advice in areas that he has tested in his own business and motivated us to keep trying and never give up”.

The InnoTech phase one final pitches are scheduled to take place at the Bandwidth Barn events room on Friday 23 October.

Email asanda@citi.org.za to book your seat as an audience member.

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