Published: 08 Jun 2022 1,824 views
The ARM Labs Lags Techstars Accelerator will start receiving applicants from May 9, 2022 through July 27, 2022. According to the statement released by the company, Lagos represented a strategic place for the program to take its full course. The choice of Lagos for the accelerator program is the result of the growing relevance of Nigeria’s startup ecosystem.
Up to 12 startups will be selected on an annual basis to participate in the program and benefit from up to $120,000 in funding, curated startup programming, and access to Techstars’ vast network of 7,000+ mentors, 20,000+ investors, alumni, and corporate partners.
The program’s inaugural class will commence on November 7, 2022, and culminate in a Demo Day on February 16, 2023.
Application Deadline | August 24, 2022 |
Country to study | Nigeria |
Type | Entrepreneurs |
Sponsor | ARM Labs |
Gender | Men and Women |
in return for 6% equity of your company until the company raises a priced equity financing of US $250,000 or more. However, if your company conducts a Network Launch using distributed ledger technology (i.e. a blockchain initial coin offering, token event, etc.), then Techstars will also receive 6% of the Token Reserve (i.e. the tokens “held back” for the founders and the company at Network Launch).
For more details, click here