Local accelerator platform AlphaCode recently announced its latest initiative, with the Explore Data Science Academy and Rand Merchant Investments (RMI) partnering on the Explore 10X programme.

The programme is looking for 20 aspiring South African fintech entrepreneurs with business skills development and data science forming the primary focus for this 12-month accelerator.

The year-long AlphaCode programme is split into three parts.

The first is six months will consist of a data science training programme, where AlphaCode explains that entrepreneurs will learn how to build a business according to their standards, as well as finding out how to create a fintech organisation with core digital skills.

This is followed by three months of training for business skills and how to make and execute a successful business strategy in particular.

“The EXPLORE 10X programme, developed by the EDSA team, provides AlphaCode access to young, bright, future fintech entrepreneurs with great ideas, which AlphaCode can then help grow their businesses and the economy at the same time,” said Dominique Collett, head of AlphaCode and Senior Investment executive at RMI.

Candidates interested in the programme need to submit their CV, as well as compile a 750-word essay motivating their ideas and why the world would be a better place with their business in it.

From the entrants, the 20 best will be selected, with entries closing on 30th October 2018.

“Ideal candidates for EXPLORE 10X would be young (in spirit) graduates with tech smarts, bright ideas for fintech innovation and disruption, a passion for data analytics, a desire to acquire new skills as well as the ambition and drive to build and grow a business that could impact South Africa’s fintech industry,” adds Shaun Dippnall, co-founder of the Explore Data Science Academy.

If you’re interested in the AlphaCode Explore 10X programme, head here for more information.

“We were looking for a programme that would both utilise our skills development spend while being strategically aligned to our business,” concludes Collett.