AlphaCode Incubate

Do you have a ground-breaking business or idea that could disrupt the financial services industry? Are you eager to catapult it to the next level?

AlphaCode Incubate is open for submissions. If you have a validated idea or start-up not older than 2 years that could change the financial services industry, apply and you could receive a package of cash and support services valued at R2 million!

AlphaCode Incubate, in partnership with Bank of America Merrill Lynch and Royal Bafokeng Holdings, invites you to apply for a place on the illustrious AlphaCode Incubate Programme, where you can present your game-changing business or idea for a chance to secure an entrepreneurial package worth R2 million.

AlphaCode is Rand Merchant Investment Holding’s (RMI) incubation, acceleration and investment vehicle for early-stage businesses and we are looking for the next generation of financial services businesses. Our aim is to identify, partner with and grow innovative businesses with the potential to seriously disrupt the financial services industry and help to transform them into tomorrow’s market leaders.

The R2 million package is made up of:

• R1 million grant funding


• A R500,000 12-month customised financial services programme with access to experienced mentors, RMI capital and its extensive network of thought leaders


• R250,000 worth of comprehensive business support services


• R250,000 worth of premium office space at AlphaCode’s exclusive Sandton co-working space for 12 months

All this, plus the opportunity to immerse yourself in an unrivalled community of experts, potential clients and like-minded entrepreneurs treading the same path as you. Applicant businesses should be at least 51% black-owned and managed, with an early-stage idea or business not older than 2 years old.

Do you fit the bill?
Are you ready to accelerate your business and revolutionise the industry?
Find out more and apply here

Applications close 18 June 2019