Are you a Nigerian startup looking to take your business to the next level? Do you want to improve your products, expand your market, and strengthen your team skillset to enhance your chances of succeeding? If so, we have exciting news to share with you!
ARM Labs is thrilled to announce the upcoming launch of the ARM Labs Innovation Program 5.0! This initiative aims to assist the Nigerian startup ecosystem by providing intensive support to selected startups, helping them reach their full potential.
What is the ARM Labs Innovation Program?
The ARM Labs Innovation Program is a unique initiative designed to support the Nigerian startup ecosystem by providing intensive assistance to selected startups. Our program aims to help these startups improve their products, expand their market reach, and enhance their team’s skillset, ultimately increasing their chances of success.
How is it different from ARM Labs Lagos Techstars Accelerator?
While the ARM Labs Lagos Techstars Accelerator focuses mainly on fintech and proptech startups globally, the ARM Labs Innovation Program specifically seeks to discover and support potential fintech, pentech, data intelligence, and digital trade startups in Nigeria. This difference makes our program the perfect fit for Nigerian startups looking for assistance in these areas.
What’s in it for the startups?
Selected startups will receive up to $50,000 in funding, a state-of-the-art office workspace, hands-on mentorship from industry experts, and access to investor networks that can help propel their businesses to new heights. Our program is designed to help these startups succeed and grow in today’s highly competitive market.
When do applications open?
Applications for the ARM Labs Innovation Program 5.0 open on Monday, May 15th, 2023. If you know of any Nigerian startups that could benefit from this program, be sure to let them know about this opportunity! This is an incredible chance for Nigerian startups to take their businesses to the next level.
Why ARM Labs Innovation Program 5.0 Matters?
Nigeria is Africa’s largest economy and has a rapidly growing startup ecosystem. The innovation program is ARM Lab’s way of contributing to the development of the country’s entrepreneurial landscape. The program not only provides financial support to startups but also a state-of-the-art workspace, mentorship from industry experts, and access to investor networks.
In 2019, the Nigerian fintech industry alone received $1.45 billion in investment, representing a 39.3% increase in funding from the previous year. The ARM Labs Innovation Program 5.0 aims to discover and support potential fintech, pentech, data intelligence, and digital trade startups in Nigeria. By doing so, it will not only help Nigerian startups grow but also contribute to the overall growth of the Nigerian economy.
