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ARM Labs Lagos Techstars Accelerator

(Updated 1 Aug 2023) The ARM Labs Lagos Techstars Accelerator Programme invests in early-stage startups based in Africa with a focus on FinTech, Mobility, E-commerce and TalentTech.

APPLICATION WINDOW

CLOSED

DEADLINE

9 Aug 2023

PRIZES

- $120,000 investment in your startup. (Techstars contributes $20,000, which is commonly used as a stipend to support living expenses during the programme; Every company is also offered an optional $100,000 convertible note)
- Access to Techstars resources for life
- Acceleration in a 90-day Techstars mentor-based Accelerator programme with personal mentorship and office space
- Lifetime access to the Techstars worldwide network of entrepreneurs including more than 10,000 mentors; 10,0000 investors; 1,600 alumni companies and 200 staff members
- Access to over $400,000 of cash equivalent hosting, accounting and legal support –plus other credits and perks worth more than $1,000,000
- Demo Day exposure and other investor connections

in return for 6% equity of your company until the company raises a priced equity financing of US $250,000 or more. However, if your company conducts a Network Launch using distributed ledger technology (i.e. a blockchain initial coin offering, token event, etc.), then Techstars will also receive 6% of the Token Reserve (i.e. the tokens “held back” for the founders and the company at Network Launch).

OTHER KEY DATES

May 15, 2023: Applications Opened
November 13 2023: Start of the Programme
Feb 15, 2024: Demo Day

HOST COUNTRY

FIND OUT MORE  

Credit: ARM Labs Lagos Techstars Accelerator 

Date Added: 7 Jun 2022

Tags:    Science   Technology   Engineering   FinTech   Agriculture   Energy

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