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.
Note that while some organisers may accept applications from all around the world, you may still be required to travel to the host country in order to take part in the later stages of a competition for instance, or you may be required to live there for a period of time to take part in a funded programme (e.g. scholarship, incubator, accelerator).
Multiple host countries may mean that no travel is required.