Ventures Platform (VP) Hub’s accelerator programme is a pro-founder series of coordinated activities and interventions designed to support startups with mentorship, business re-engineering, work space, living space, back office support, shared services and seed funding.
The goal of the 3 to 4 month programme is for the accepted startups to attain product/market fit, gain traction (revenue, partnerships, and commitments) and be ready for early stage investors that they will meet during the programme and at the Demo-Day event, that ends the program.
11 Mar 2017
Successful startups will be provided with seed funding of $20,000 (twenty thousand dollars) in exchange for 10% equity. The $20,000 investment is broken down into
$15,000 - direct cash receivable over the course of the program
$5,000 - essential services tailored to fast track the growth of each business.
Startups will be expected to work from the Ventures Platform Hub, Abuja, Nigeria during the 12- 16 weeks of the programme and on-campus accommodation will be provided for a maximum of two team members per startup on a need basis.
Each startup will be provided with business advisory, business development, strategy mapping, mentor/advisor support, back office, shared services and work space.