MTN Foundation earmarks R1m for women in ICT

MTN SA Foundation grows the ICT space for women with tech start-ups by providing skills and financial support to sustain their businesses.MTNBusinessZA

has committed R1 million to enable innovation, entrepreneurship and job creation for women in the digital economy.

It says 70% of the money will go directly to the business as a cash injection and the remaining 30% is aimed at support and mentorship. In a statement, MTN notes women make up 13% of the graduates leaving South African tertiary institutions with qualifications in science, technology, engineering and mathematics .

“It’s imperative to fill this inequality gap, and for us, this means making a meaningful contribution to improving female-owned businesses in the digital market.”

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