Moolu Venture Lab and partners have introduced the NextechCzar, an incubation-event Initiative for startups in Nigeria.
The main goal of NextechCzar is to identify, recognize, nurture, and finance the next-generation of iconic innovative solutions capable of stimulating economic growth, improving the nation’s productivity, and generating employment opportunities.
The Initiative aims to promote and facilitate creativity within the digital sector, supporting new solutions that can bring about cost-effective, scalable, and transformative positive changes.
The program has two tracks.
- The Early stage track for innovative startups is yet to find their product market validation
- The Growth phase for post-revenue startups.
Benefits
- Funding: We provide early-stage and growth capital to promising startups that align with our mission.
- Mentorship: Our network of seasoned entrepreneurs and industry leaders are committed to guiding and mentoring startup founders.
- Access to Markets: We facilitate connections with key stakeholders, potential customers, and distribution channels to help startups reach underserved markets at scale
- Collaborative Community: We foster a collaborative and supportive community where founders can connect, learn from each other, and share best practices
Requirements
The NextechCzar focuses on technology-enabled businesses in key sectors such as financial services, agriculture, health, education, circular economy, e-mobility, e-commerce, marketplaces, renewables, power, and climate. These sectors were chosen due to the significant impact innovations in these areas can have on the Nigerian economy. Applications from innovative businesses operating within these sectors will be evaluated by a panel of expert judges.
This initiative represents a multi-year commitment by the Moolu Venture Lab to empower emerging Nigerian innovators, aiming to boost the growth of the digital economy. Equity funding will be provided after the program to participating Startups.
Method of Application
Click Here to Apply
Application Deadline: January 6, 2024.
