Deadline: June 30, 2019.

The FbStart Accelerator is a 6-month research and mentorship driven program for innovative and visionary teams daring to create solutions with advanced technologies. The accelerator provides these teams with the support they need to build and optimize value driven products and match them with resources from Facebook and CcHUB.

The program is designed to support teams in two categories.

1. Onsite Acceleration for Startup Teams: Designed for startup teams with existing products who have customers or are market-ready.

2. Virtual Acceleration for Student Teams: Designed for Nigerian and Ghanaian students (BSc, MSc or PhD) with working prototypes or the technical expertise required to build intended solutions.

ELIGIBILITY

Onsite Accelerator: Startup Teams 

1. Have a functional product leveraging one of these technologies; Artificial Intelligence, Internet of Things, Data Science, Augmented Reality or Virtual Reality
2. Have gained some users/customers.
3. Have 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.

Virtual Accelerator: Student Teams

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. Your solution must leverage one of these technologies; Artificial Intelligence, Internet of Things, Data Science, Augmented Reality or Virtual Reality
3. Have a technical lead and founder (s) that are fully committed to the business.

BENEFITS

Onsite Accelerator: Startup Teams 

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.

Virtual Accelerator: Student Teams 

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.

OFFICIAL LINK

Click here to apply