2020 Labs by ARM FinTech Accelerator Programme for Nigerians

Deadline: December 30, 2019.

Labs by ARM 2.0 is designed to engage post-MVP FinTech startups in a series of activities aimed at exponentially advancing the growth of their companies within a short time frame, and ensuring their investment-readiness. Selected startups will be provided with financial investment, distribution, access to investors and lots more!

ELIGIBILITY

1. Should be post-MVP startups

2. These startups should have a well-rounded, complementary team for product vision (what to build), technology (how to build it), and business (how to make money from it) and should be solving an important problem for a highly-engaged set of customers.

3. Founders should have…

  • some unique insight or compelling worldview
  • deep domain expertise and/or a strong grasp of the landscape
    an eye for detail
  • tenacity, high conscientiousness, and a bias towards execution

4. Startups should have a well-rounded, complementary team

i.e. in-house capacity for product vision (what to build), technology (how to build it), and business (how to make money from it)

5. Startups should be solving an important problem for a highly-engaged set of customers

BENEFITS

1. Access to Funding: Direct equity funding for the selected startups worth $20,000 each in equity.

2. Co-working Space: Workspace, internet, and other infrastructure.

3. Mentorship: Accepted startups enjoy hands-on mentorship from leaders in the FinTech sector.

4. Partnerships: Business services provided through partnerships (such as AWS credit, Azure credit, legal services).

5. Access to Investors: Startups will get introduced to a network of investors at the end of the program for possible follow-on investments.

6. Access to the program’s alumni network: Startups get to meet previous cohort founders and learn from their experience firsthand.

OFFICIAL LINK

https://www.armlabs.com.ng/

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