Semi-socialist startup
42Engines is a tech startup accelerator programme concentrating on Africa-specific tech ideas.
01 November 2013
It’s common knowledge that entrepreneurs in the startup sector feel hindered by a lack of access to funds, technical skills and mentor/support systems. Despite these obstacles, it’s still an industry where failure is not looked on too kindly. 42Engines aims to give startups a space to try to fail fast, rather than spend too long exploring potentially unsuccessful ideas.
42Engines is a seed fund and accelerator programme aimed at marketing technology, e-commerce, mobile and Software as a Service (SaaS) startups. It takes business concepts in this sector through a three-month programme where the idea is thoroughly scrutinised and either failed before any major risks are taken, or accelerated to a stage where the idea can stand on its own, is acquired or receives funding by a larger organisation.
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