(Business in Cameroon) - Last week, the Cameroonian Ministry of Posts and Telecommunications launched a call for IT proposals for SUP’PTIC Business Academy in Yaoundé. The submission period began September 11^th and will run until September 25^th. Some twenty spots are available.

From Jean Marie Dongo’s, managing director of SUP’PTIC, explanations, a panel will select the best proposals this year. “The selected bidders will benefit from tailored support to reinforce their management and help them look for funding. By the end of the incubation period, the eight best projects will receive a FCFA1O million individual funding for their implementation”.

This sum will be taken out of the special allocation of CFA150 million allocated to the business incubator by the ministry of SMEs, Craftsmanship and Social Affairs (MINPMEESA).

For the remaining twelve projects incubated by SUP’PTIC Business Academy, Jean Marie Dongo indicated that it will be made so that financing needed for their realization is secured, from public and private partners like the SME Bank.