Moolu Venture Lab and its partners have launched NextechCzar, a business incubation and event initiative in Nigeria.
NextechCzar’s major mission is to uncover, recognize, foster, and finance the next generation of iconic inventive ideas capable of promoting economic growth, improving national productivity, and creating job possibilities.
The Initiative’s goal is to encourage and stimulate creativity in the digital sector by promoting novel solutions that can result in cost-effective, scalable, and revolutionary good outcomes.
Who should apply?
The NextechCzar focuses on technology-enabled firms in major industries such as finance, agriculture, health, education, the circular economy, e-mobility, e-commerce, marketplaces, renewables, electricity, and climate. These industries were chosen because of the tremendous influence that breakthroughs in these fields can have on the Nigerian economy. A panel of experienced judges will review applications from innovative enterprises working in these sectors.
The program has two tracks. The Early stage track for innovative startups yet to find thier product market validation and the Growth phase for post revenue startups.
Women-led founders are highly encouraged to apply.
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.
We provide early-stage and growth capital to promising startups that align with our mission.
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
We foster a collaborative and supportive community where founders can connect, learn from each other, and share best practices
What to expect:
Acceleration Phase: Innovators who pass the initial screening will enter an intensive 16-week accelerator program led by technical experts. This program aims to mentor and equip innovators with the necessary tools for success.
Final Phase (Demo Day): finalists from the program will each have an allocated slot to present their pitch to the judging panel. This panel will consist of technical and venture partners as well as a mix of local and international technology industry experts and investors.
Deadline: January 6, 2024
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