Apply for the Outlier Venture Lab Accelerator Program for Early-Stage Nigerian Startups

Outlier Venture Lab is a Business Accelerator that helps SMEs with high growth and high impact potential to become investment ready, sustainable and scalable in order to become commercially viable. The lab work with companies based in Nigeria, providing business development services and to bridge the gap between tech-driven ventures and investors. Outlier Venture Lab believes in technology as a tool for growing enterprise solutions to poverty and underdevelopment.

This inaugural episode of Outlier Venture Lab aims to invest in startups who are leveraging technology and bringing new business models to solve challenges within their communities. The Lab’s aim is to support the development of tech-driven startups companies that we can eventually match with our partner investors.

Eligibility:

You are eligible to apply if your business meets the following criteria

• Business is based in Nigeria
• Your business is technology-enabled and has a potential for significant local impact.
• The Business has been in existence for up to 12 months and has paying customers

Value of Program:

• Equity funding of $20,000 and above
• Three months of tailored business development advisory including training & mentoring in exchange for up to 18% equity.
• Pitching in front of seasoned investors.
• Access to a network of partners and partners for go to market.
• Features in media

How to Apply:

• Complete the application form before July 30th to qualify for the accelerator program. You will be contacted by the Outlier Venture Lab team in about four weeks to receive information about the selection.
• Selected applicants will be invited to our 3-days pre-accelerator boot camp, which will end with a demo/deal day, where start-ups will pitch to the selected closed audience of investors from our Funding Network.
• After the Bootcamp, 10 start-ups will advance to the acceleration program Outlier Venture Lab.