Startup Connect is the name of the new business accelerator baby made by the partnership of Nigeria’s Union Bank and the incubator Co-Creation Hub which is based in Lagos.
The accelerator program is designed to provide more opportunities for mutually beneficial collaboration between the bank and interested business startups.
The technology-enabled startups who aspire to scale their business more effectively with the help of Union Bank have until the 1st of September to apply to join the program.
The partnership was set into motion earlier this year between Union Bank and CcHub. They collaborated on making the $15,000 Innovative program.
All shortlisted startups will be invited to join the pitch event. The winner among the short-listed startups will be able to take part in a 13-week long program.
Through the accelerator program, startups will be able to work with CcHub and union Bank to create prototypes that serve a segment of the bank’s customers.
The partners said, “The program is a first of its kind business acceleration program dedicated to matching technology-enabled startups from all over Nigeria with the Union Bank brand for mutually beneficial collaboration.”
At the encd of the program, the results will be announced for deployment through the Union Bank. There will either be a revenue-sharing agreement or the bank will make an equity investment.
The partners would like all innovative, technology-driven startups to apply for the accelerator program as everyone has a chance to excel.