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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