Applications for HERCCELERATE 1.0 closes on the 30th of September 2024
HERCCELERATE is powered by SheVentures, FCMB’s women-focused business division, and FCMB’s innovation hub, Hub One.
The accelerator program is designed to position early-stage, high-potential women-led technology startups in Nigeria for investments and rapid growth.
HERCCELERATE aims to provide selected female founders with coaching, grant funding, technological tools and access to potential investors.
The goal is to empower up to 200 women-led tech startups over the next five years.
Up to 40 women-led tech startups will be selected to participate in this inaugural edition of HERCCELERATE.
It will run over a period of 5 weeks and culminate in a Demo Day.
On Demo Day, 5 finalists will pitch to an esteemed jury for a chance to win grants and other prizes.
Key Benefits
- Total grant funding of 1.5 million naira
- Tailored expert-led training.
- Access to tech tools and services at discounted rates e.g. Zoho One, Branddrive, etc.
- Access to potential investors
- Follow-on support
- Access to Sheventures’ single-digit and zero-interest loans
- Access to Sheventures programs and networks.
- Access to FCMB’s Open Banking infrastructure (APIs, etc)
- Potential strategic partnership with FCMB
- Access to Hub One’s coworking infrastructure, community and network of partners.
Program Timeline:
Applications close: September 30th
Assessment and selection of participants for the accelerator: September 30th – October 11th
Acceleration program: October 14th – November 15th (5 weeks)
Demo Day: November 29th/30th
