SheVentures, the business division of FCMB that focusses on women, and Hub One, the innovation hub of FCMB, has launched HERCCELERATE.
This accelerator program is intended to prepare early-stage, high-potential women-led technology startups in Nigeria for investment and swift growth.
HERCCELERATE offers female founders coaching, grant funding, technology tools, and connection to possible investors. HERCCELERATE will pick up to 40 women-led IT firms for its maiden round. Over the next five years, we hope to support up to 200 women-led technology firms.
HERCCELERATE 1.0 will be a 5-week program culminating in a Demo Day where 5 finalists will pitch to an esteemed jury for the opportunity to earn grants and prizes.
Key Benefits
The total grant funding is 1.5 million naira.
Tailored expert-led training.
Access to subsidised IT tools and services, such as Zoho One and BrandDrive.
Access to potential investors.
Follow-up support
Other benefits:
Sheventures offers single-digit and zero-interest loans. Learn more.
Access to Sheventures’ programs and networks.
Access the FCMB’s Open Banking infrastructure (APIs, etc.)
Potential strategic partnership with FCMB.
Access to the Hub One coworking infrastructure, community, and partner network. Learn more.
Program Timeline
Applications open from September 6th to September 30th.
Assessment and selection of accelerator participants from September 30th to October 11th.
Acceleration program: October 14th to November 15th (5 weeks).
Demo Day is November 29th/30th.
To apply or learn more, please visit the website.
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