The maiden edition of the Blockchain Innovation Program, Uganda, began today, 2nd September 2022. The program is targeted at East Africa with a special focus on Uganda as well as East Africa to expose young people and entrepreneurs to opportunities in the blockchain industry.
Speaking about the event, Reginald Tumusiime, the CEO of CapitalSavvy, reiterated that the conference which was hosted in partnership with BSV Academy and Block Dojo is meant to drive blockchain education and adoption across East Africa.
After the event, 50 entrepreneurs will be selected for Cohort 1. They will register with $50 to be trained by the BSV Academy, and Block Bojo. There will be a refund of $50 for those who are not selected.
Breakdown of the selection process
All the 50 selected persons, who are expected to have basic skills in development, will go through a series of training, and meetups for 10 weeks to learn about the basics of blockchain as well as wellness, communication skills, and project management.
A Hackathon event will be held at the end of the 10 weeks where one entrepreneur will emerge as the winner.
The winner will attend “an accelerator program”, said the CEO, which will be hosted by Block Dojo in London, for 12 weeks. During this time, the person will be tutored by business leaders on “startup obstacles, and any other skills that are related to building a viable product.”
Following the 12 weeks of training is a funding opportunity where business ideas will be pitched to investors as a means of raising capital.
However, the other 49 persons will continuously have access to the BSV Academy to learn about blockchain and connect with several global organizations building solutions on the network.
Reginald Tumusiime assured the audience that there are plans to make the program three times a year so that there will be three cohorts each year.