Apply for $20 000 FBStart Accelerator Program for Startups and Students
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Apply for $20 000 FBStart Accelerator Program for Startups and Students
We are glad to inform you that applications for Season 2 of the FbStart Accelerator, by Facebook and CcHUB, are now open till July 7th, 2019!
The FbStart Accelerator at NG_HUB is a deep-tech focused accelerator program for visionary and innovative teams using advanced technologies to solve problems in our society and build solutions for the future.
The research and mentorship-driven program provides teams with technical & business support and funding needed to optimize their product for growth. It is designed for startup and student teams building solutions that utilize any of these technologies; Artificial Intelligence, Data Science, Internet of Things, Augmented Reality (AR) and Virtual Reality (VR).
The onsite component of the accelerator is tailored for startup teams who would be physically present at NG_HUB while student teams would have the flexibility of a virtual acceleration program, with the option to work out of partner hubs.
NG_HUB, from Facebook and in partnership with CcHUB, is a deep-tech focused innovation lab for entrepreneurs, students, researchers, technologists and other stakeholders building solutions with advanced technologies.
DURATION: 6 months
Onsite Accelerator: Startup Teams
BENEFITS
Startups that are accepted into the program will receive the following:
- Equity-free funding: Startup teams would get $20,000 in equity-free funding.
- Hands-on support: Product development, business strategy & structure, financial management and investment readiness.
- Access to technical experts and business mentors from Facebook and CcHUB’s network.
- An office space with high-speed internet, meeting rooms & more.
ELIGIBILITY CRITERIA:
- Have a functional product leveraging one of these technologies; Artificial Intelligence, Internet of Things, Data Science, Augmented Reality or Virtual Reality.
- Have gained some users/customers.
- Have a technical lead and founder (s) that are fully committed to the business.
- Have the potential to disrupt or greatly enhance their focus industries.
Virtual Accelerator: Student Teams
BENEFITS
Student teams that are accepted into the program will receive the following:
- Equity-free funding of $10,000.
- Hands-on support: Product development, Business strategy & Structure, and Investment readiness.
- Access to technical experts and business mentors from Facebook and CcHUB’s network.
- Possible access to office space and high-speed internet at partner hubs.
- A flexible program designed with consideration to your academic obligations.
ELIGIBILITY CRITERIA:
To be eligible for the program, student teams must meet the following criteria:
- Be a BSc., MSc. or PhD student in a Nigerian/Ghanian higher institution as at July 2019.
- Have an MVP (Minimum Viable Product)/Prototype or be able to prove that you have the capacity to build your intended solution. Your solution must leverage one of these technologies; Artificial Intelligence, Internet of Things, Data Science, Augmented Reality or Virtual Reality.
- Have a technical lead and founder (s) that are fully committed to the business.
Visit https://cchubnigeria.com/fbstart for more info.
As a leading business development service provider in Nigeria, Dayo Adetiloye Business Hub has been recognized and certified by Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in Conjunction with Enterprise Development Centre (EDC), Pan-Atlantic University (PAU) of the Lagos Business School (LBS).
Our solutions are designed for MSMEs and are supported by deep insight into various industries and extensive experience acquired from over the years by supporting our clients as partners in their business transformation.
Through our services and business activities, we help individuals/entrepreneurs transform their business ideas into a business venture, and support existing business to scale or expand their operation. We also connect startups and MSMEs with opportunities and resources for their business growth.
We have Consulted for more than 5000 MSMEs in the last 6 years in various industry including Agro-processing, Consulting, Training and Education, Financial Services, Waste Management, Renewable Energy, Oil and Gas, Construction, Real Estate, FMCG, Digital Marketing, Personal Branding etc.
Our Vision:
To become the leading grassroot business Hub that provides Business
Development Services in the global online community
Mission Statement:
- Provide bespoke management and business planning consultancy
- To connect MSMEs with opportunities and resources for their business startup, growth and expansion through trainings, seminars, coaching, consulting, mentoring, and Angel investing.
- To inspire, empower and champion entrepreneurship in the global online community.
Business Goals and Objective
- Engender national prosperity by contributing to the creation of at least 100 new businesses every year
- Become a go-to brand for outstanding business development services for MSMEs
- Strategic partnership with local and international organization to empower start-ups
- Continuous innovation to serve our clients better
Core Values:
Integrity
Opportunity Maximization
Digitalization
Personal Development (Capacity Building)
Excellent Customer Satisfaction
Timeliness
Ajogu Egbe
This will be a great idea but dont know if those with existing business that is not tech based but powered by tech is eligible.