NextechCzar Startup Incubation Program in Nigeria (Funding, Mentoring, Market Access): Moolu Venture Lab and partners have launched his NextechCzar, an incubation event initiative for startups in Nigeria.
NextechCzar’s main goal is to identify, evaluate, promote and finance the next generation of iconic innovative solutions that can stimulate economic growth, increase national productivity and create job opportunities.
This initiative aims to encourage and foster creativity in the digital field and support new solutions that are cost-effective, scalable and innovative and can bring about positive change.
Who should apply?
NextechCzar focuses on technology-enabled companies in key sectors such as financial services, agriculture, health, education, circular economy, e-mobility, e-commerce, markets, renewables, energy and climate. These areas were selected because innovations in these areas can have a significant impact on the Nigerian economy. Applications from innovative companies in these fields will be evaluated by a panel of experts.
The program consists of 2 titles. The early stage track of innovative startups that have not yet completed product market validation and the growth stages of startups after they are profitable.
If you are a female-led founder, we encourage you to apply.
The initiative is a multi-year initiative of her Moolu Venture Lab, which supports aspiring Nigerian innovators with the aim of fostering the growth of the digital economy. Participating startups will be provided with capital after the program ends.
Benefits
Funding
We provide early-stage and growth capital to promising startups that align with our mission.
Mentorship
Our network of seasoned entrepreneurs and industry leaders are committed to guiding and mentoring startup founders.
Access to Markets
We facilitate connections with key stakeholders, potential customers, and distribution channels to help startups reach underserved markets at scale
Collaborative Community
We foster a collaborative and supportive community where founders can connect, learn from each other, and share best practices
What to expect:
Acceleration Phase: Innovators who pass the initial screening will enter an intensive 16-week accelerator program led by technical experts. This program aims to mentor and equip innovators with the necessary tools for success.
Impact Summit
Final Phase (Demo Day): finalists from the program will each have an allocated slot to present their pitch to the judging panel. This panel will consist of technical and venture partners as well as a mix of local and international technology industry experts and investors.
Application Deadline: January 6, 2024
Click HERE to Apply
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