Techstars, ARM Lab Open Application For Its Inaugural Accelerator Program.

Other benefits include up to $120k in funding, curated startup programming and one-on-one mentorship sessions with Techstars mentors.

By Zahra

Techstars, a financial technology company, and ARM Labs, is calling for applicants for it’s inaugural ARM Labs Lagos Techstars Accelerator Program.

The accelerator program, which is a 3-month intense program that will begin in December, seeks to support entrepreneurs.

The application which is now open for early-stage fintech and proptech startups will select 12 startups based in Africa.

Successful candidates will benefit from a $120,000 funding,access to over 7,000 mentors,20,000 innovators as well as it’s over 10,000 founders and partners.

Other benefits for successful applicants include one-on-one mentorship as well as a curated startup programming.

During the accelerator program, selected startups will have access to Techstars’ vast network of 7,000+ mentors, 20,000+ investors, over 10,000 founders, alumni and corporate partners.

Other benefits include up to $120k in funding, curated startup programming and one-on-one mentorship sessions with Techstars mentors.

“While this is Techstars’ first accelerator program in Lagos, the company has been active in the African tech space since 2011, hosting more than 400 Techstars Startup Weekends across 40 countries, and operating the Barclays Accelerator Powered by Techstars Cape Town in 2016 and 2017.

Through its other early-stage entrepreneurial programs, it has invested in 14 Nigeria-based startups like Healthtracka, FarmCrowdy and Rent Small Small.

According to the company, it has invested in about 3000 startups globally through its accelerator programs.

This is in addition to having an all-time graduate market cap of $73billion, a $1m average first raise post program, and a total of 19 unicorns produced so far.

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