NEXTECHCZAR INCUBATION PROGRAM FOR NIGERIAN STARTUPS (ACCESS TO FUNDING)
Moolu Venture Lab and partners has introduced the NextechCzar, an incubation-event Initiative for startups in Nigeria.
The main goal of the
NextechCzar is to identify, recognize, nurture, and finance the next-generation
of iconic innovative solutions capable of stimulating economic growth,
improving the nation’s productivity, and generating employment opportunities.
The Initiative aims to promote
and facilitate creativity within the digital sector, supporting new solutions
that can bring about cost-effective, scalable, and transformative positive
changes.
Who should apply for NextechCzar Incubation Program
The NextechCzar focuses on technology-enabled businesses in key sectors such
as financial services, agriculture, health, education, circular economy,
e-mobility, e-commerce, marketplaces, renewables, power, and climate.
These sectors were chosen due to the significant impact innovations in these
areas can have on the Nigerian economy. Applications from innovative businesses
operating within these sectors will be evaluated by a panel of expert judges.
The program has two tracks.
The Early stage track for
innovative startups yet to find their product market validation and the Growth phase for post revenue
startups.
Women-led founders are highly encouraged to apply.
This initiative represents a
multi-year commitment by the Moolu Venture Lab to empower emerging Nigerian
innovators, aiming to boost the growth of the digital economy. Equity funding
will be provided after the program to participating Startups.
What to expect:
Acceleration Phase:
Innovators who pass the initial screening will enter an intensive 16-week
accelerator program led by technical experts. This program aims to mentor
and equip innovators with the necessary tools for success.
Impact Summit
Final Phase (Demo Day):
finalists from the program will each have an allocated slot to present their
pitch to the judging panel. This panel will consist of technical and venture
partners as well as a mix of local and international technology industry
experts and investors.
Application
Deadline for all applications is January 6 2024
To apply, Visit the Application website
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