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ACE Startup Academy 2026 – Founder Training & Startup Pitch Competition ($15,000 in Prizes + Up to $20,000 Matching Grants)

    ACE Startup Academy
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    Applications are open for ACE Startup Academy 2026. The ACE Startup Academy 2026 offers a structured end-to-end startup journey designed to help entrepreneurs build, validate, grow, and prepare their businesses for investment. SMEDAN, in partnership with KOICA, invites early-stage and ready-to-scale startups to a complete journey — from building your business model to pitching for real investment.

    The programme is organized in partnership with KOICA, SMEDAN, ACE Center, and the Soongsil University Consortium, offering participants hands-on training, mentorship, incubation, and funding opportunities.

    What the Programme Covers

    • Problem Definition (Business Model) – Identify real market problems and develop a strong business model
    • MVP Build (AI) – Build a minimum viable product using modern tools and AI-driven approaches.
    • Validation (Competition) – Test your solution, receive expert feedback, and compete in the startup pitch competition.
    • Incubation (Mentoring) – Get mentorship, business support, and guidance from experienced founders and industry experts.
    • Fundraising (Investor Readiness) – Prepare your startup for investment and connect with funding opportunities.

    ACE Startup Academy Benefits

    Successful participants will receive:

    • Intensive founder training on business models, AI, and startup development
    • Expert mentorship and hands-on support
    • Opportunity to compete for $15,000 in total prize funding
    • Six-month incubation programme
    • Investor readiness and investment matching support
    • Opportunity to receive an investment matching grant of up to $20,000
    • Demo Day participation
    • Opportunity for a Korea Innovation & Research (IR) Trip
    • Daily allowance during training
    • Lunch provided
    • Access to devices and internet
    • AI tools and credits
    • Certificate of completion

    Programme Journey

    • Founder Training: Aug 24 – Sep 18
      • 120 participants · 4 cohorts · 10 days, 60 hrs
      • BM 5 days + AI 5 days · PBL hands-on
    • Pitch Competition: Oct 7 – Oct 12
      • ~50 teams → 10 finalists
      • $15,000 total prize (all rewarded)
    • Business Incubation: Oct 19 – Mar 30 ’27
      • 10 finalists move in · 6 months
      • Open mentoring · BM·MVP scale-up
    • Overseas IR (Korea): Dec 7 – Dec 12
      • 1 member/team visits Korea (10 total)
      • COMEUP startup events · networking
    • IR Mentoring: Dec 14 – Dec 16
      • IR pitch-deck refinement · rehearsal
      • Investor-perspective coaching
    • IR Demo Day: Dec 17
      • Final IR to investors
      • Deal matching · matching fund support

    ACE Startup Academy Competition & Awards

    • Preliminary: Oct 7–8 · ~50 teams (25/day) → 10 picked
    • Final: Oct 12 · 10 finalists · platform scoring
    • Awards: All 10 teams rewarded · paid in local cash
    • Grand: $5,000 (1 team)
    • 2nd:  $3,000 (1 team)
    • 3rd: $2,000 (1 team)
    • Merit: $1,000 (3 teams)
    • Special: $500 (4 teams)

    Eligibility Criteria

    Applicants must:

    • Be aspiring or early-stage founders.
    • Apply as a team of 2–3 members.
    • Be available to participate in the programme in Abuja.
    • Register on a first-come, first-served basis.

    How To Apply for ACE Startup Academy

    Click Here to Apply and for more Details

    Application Deadline: 12 August 2026

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      Johnpaul Mbanefo

      The author Johnpaul Mbanefo

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      Mr. Johnpaul Mbanefo is a dynamic professional specializing in project management, business analysis, business plan and proposal writing, agribusiness consulting, grant writing, and pitch deck expertise, driving success through strategic planning and effective communication.


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