Application Deadline: March 16th 2018
The Incubation program at CcHUB takes a hands-on approach to helping early-stage entrepreneurs execute a working business model and learn quickly what it takes to grow a sustainable business. Our goal is to help the entrepreneur(s) properly structure their business, ensure consistent growth and access funding to build a lasting global entity.
DURATION: 12 months
The new incubation program will now run for a fixed duration of 12 months, as opposed to 18+ months. A new program plan has been designed to be more intentional about the support we give to startups with a core focus on enabling startups to gain more traction and access funding post-incubation.
- The program is open to startup teams from anywhere in the world that are looking to grow their businesses in Africa, particularly Nigeria.
- The are looking for committed and ambitious founders with technology solutions that have gained some traction, generating revenue, addresses a clear need/want and has the potential to scale.
In addition to an investment of up to $25,000 that startups receive during the program, our startups will get direct access to possible follow-on capital of up to $250,000 from the Growth Capital fund by CcHUB.
Entrepreneurs will get hands-on support from the different practices in CcHUB to help with business strategy, financial management, digital security and recruitment. In addition, a newly created product development unit will be available to support the technical lead/team of the different startups.
Growth and Distribution
There will be an emphasis on growth and distribution as we have identified how challenging it can be for startups to reach their customers quickly and effectively. This will involve one-on-one sessions with experts in sales, marketing, and distribution, as well as marketing opportunities via partnerships with media platforms, companies and personalities.
Over the years, CcHub has built a network of corporate partners across the globe. Startups accepted into the program would have access to this network of partners which include several benefits such as $15,000 in credit from Amazon Web Services.
Other benefits of the program include: workspace for up to 6 team members, meeting rooms and high speed internet.
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