FbStart Accelerator 2019: Applications Now Open for Entrepreneurs

0
59
FbStart Accelerator 2019

Applications are now being accepted for the FbStart Accelerator 2019 cohort.

The research and mentorship-driven program provides teams with technical & business support and funding needed to optimize their product for growth.

It is designed for startup and student teams building solutions that utilize any of these technologies; Artificial Intelligence, Data Science, Internet of Things, Augmented Reality (AR) and Virtual Reality (VR).

The onsite component of the accelerator is tailored for startup teams who would be physically present at NG_HUB while student teams would have the flexibility of a virtual acceleration program, with the option to work out of partner hubs.

NG_HUB, from Facebook and in partnership with CcHUB, is a deep-tech focused innovation lab for entrepreneurs, students, researchers, technologists and other stakeholders building solutions with advanced technologies.

PROGRAM DURATION: 6 months

Onsite Accelerator: Startup Teams

BENEFITS

Startups that are accepted into the program will receive the following:

  1. Equity-free funding: Startup teams would get $20,000 in equity-free funding.
  2. Hands-on support: Product development, business strategy & structure, financial management and investment readiness.
  3. Access to technical experts and business mentors from Facebook and CcHUB’s network
  4. An office space with high-speed internet, meeting rooms & more.
ELIGIBILITY CRITERIA

To be eligible for the program, startups must meet the following criteria:

  1. Have a functional product leveraging one of these technologies; Artificial Intelligence, Internet of Things, Data Science, Augmented Reality or Virtual Reality
  2. Can demonstrate traction, i.e. have gained some users/customers.
  3. Possess a technical lead and founder(s) that are fully committed to the business.
  4. Have the potential to disrupt or greatly enhance their focus industries.

You may also like Shell LiveWIRE Top Ten Innovators Awards

Virtual Accelerator: Student Teams

BENEFITS

Student teams that are accepted into the program will receive the following:

  1. Equity-free funding of $10,000.
  2. Hands-on support: Product development, Business strategy & Structure, and Investment readiness.
  3. Access to technical experts and business mentors from Facebook and CcHUB’s network
  4. Possible access to office space and high-speed internet at partner hubs.
  5. A flexible program designed with consideration to your academic obligations.
ELIGIBILITY CRITERIA

To be eligible for the program, student teams must meet the following criteria:

  1. Be a BSc., MSc. or PhD student in a Nigerian/Ghanian higher institution as at July 2019.
  2. Have an MVP (Minimum Viable Product)/Prototype or be able to prove that you have the capacity to build your intended solution.
  3. Your solution must leverage one of these technologies; Artificial Intelligence, Internet of Things, Data Science, Augmented Reality or Virtual Reality
  4. Have a technical lead and founder (s) that are fully committed to the business.

How to Apply for the FbStart Accelerator 2019

If you meet the above eligibility criteria and are interested in participating in the FbStart Accelerator 2019, then, visit the application portal now and apply.

You can also learn more about the FbStart Accelerator 2019 by visiting the website for the program.

Deadline for Submission of Applications: June 30, 2019

Good luck as you apply.

Don’t forget to share this post with your friends and networks so they too can apply.

GET THE LATEST UPDATES
I agree to have my personal information transfered to MailChimp ( more information )
Join over 30.000 visitors who are receiving the latest news on business grants, loans and entrepreneurship development opportunities.
We hate spam as much as you do. You can be sure your email address will not be shared with anyone else.
Want to get connected to tips and opportunities to secure start-up, implement your ideas or grow your business? Sign up for free updates
Just enter your name and email now and have them delivered right into your inbox

Leave a Reply