FCMB has launched HERccelerate, a tech accelerator programme specifically designed for women-founded startups in Nigeria.
HERcellerate is Powered by the Bank’s SheVentures and Hub One innovation hub and implemented by 8thGear Hub and Venture Studio.
The initiative aims to equip women-founded startups with the skills, knowledge, and networks needed to access funding and grow sustainably.
The programme is open to women-led startups in various sectors ; Fintech, Agritech, Healthtech, Edtech, and E-commerce .
Participants will undergo intensive training, including office hours, field trips to successful local startups, and networking events with accomplished founders.
HERcellerate is a comprehensive support system.
It provides access to knowledge, resources, investors, markets, and networks.
The programme will culminate in a showcase day, where winners will receive grant funding and other exciting benefits, including access to potential investors.
Commenting on the HERccelerate contest, FCMB’s Managing Director, Mrs Yemisi Edun, stated:
“This initiative underscores our commitment to nurturing innovation and empowering women-owned businesses, especially Small and Medium-Scale Enterprises (SMEs) in the tech space, to pursue their dreams and contribute significantly to the tech ecosystem and the country’s economic development. We recognize the challenges women-owned tech businesses face, from funding gaps to biases that limit their growth. The HERccelerate contest is our platform to foster innovation and create more funding opportunities for female-owned and led ventures. We encourage women entrepreneurs to seize this opportunity to make a lasting impact.”
Through the HERccelerate program, FCMB aims to support and accelerate over 200 women-founded tech startups in the next five years, contributing to a more inclusive and equitable tech ecosystem.
The programme which offers female entrepreneurs the chance to access funding and support to grow their businesses. now accepts applications.
Applications are now open at www.fcmb.com/herccelerate/ and, will close on September 30, 2024
First City Monument Bank (FCMB) is a member of FCMB Group Plc. Committed to fostering inclusive and sustainable growth, FCMB is building a supportive ecosystem rooted in Africa, primarily Nigeria, that connects people, capital, and markets.