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New Tech incubator ‘Think’opened in Rwanda by TIGO

ThinkTigo has opened a free workspace where developers of IT solutions can sit and develop new applications for different sectors.

The Rwf 670 milion facility called ‘Think,’ is located in Kacyiru and is complete with internet and other facilities needed to do the work.

Tigo has plans to provide seed financing in future, structured training and coaching programmes to developers.

The Youth and ICT minister Jean-Philbert Nsengimana said the facility will supplement various technology learning centres in the country, such as Carnegie Mellon University, to promote Rwanda’s vision of becoming a regional ICT hub.

“It will help create more technology related jobs than we have been able to do in the past. We have got quite a number of starting innovation spaces, but there has always been a challenge of bridging the gap between the innovator’s idea and getting the prototype (trial product),” he said.

Tigo will prove seed financing, ranging between $25,000 (Rwf 16.7m) and $75,000 (Rwf 50.2m) to viable ICT solutions for every economic sector.

Tigo’s chief executive officer, Tongai Maramba said the company is also looking at ‘Think’ as a platform for developing new products and services for clients. He called for applications to become members of the incubator, starting this month.

“Selection will be done in May, winners announced in June and in July they will enroll for six-month training,” he said.

Source: The New Times


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