FCMB HERCCELERATE 1.0 Accelerator Program (N1.5 million Equity-Free Funding)

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Applications are open for FCMB HERCCELERATE 1.0. SheVentures, FCMB’s women-focused business division, and FCMB’s innovation hub, Hub One, presents HERCCELERATE. This 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. Up to 40 women-led tech startups will be selected to participate in this inaugural edition of HERCCELERATE. Over the next five years, our goal is to empower up to 200 women-led tech startups.

HERCCELERATE 1.0 will run over an 5-week period and culminate in a Demo Day where 5 finalists will pitch to an esteemed jury for a chance to win grants and other prizes.

FCMB HERCCELERATE 1.0 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

Other Benefits

Access to Sheventures’ single-digit and zero-interest loans. Learn more.
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. Learn more.

FCMB HERCCELERATE 1.0 Program timeline

Calls for applications: September 6th – 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/30^th