NextechCzar Incubation Program by Moolu Venture Lab is now open
Moolu Venture Lab and its partners have launched the NextechCzar Incubation Program, an incubation-event Initiative designed to support startups in Nigeria.
The primary objective of the NextechCzar is to discover, acknowledge, nurture, and fund the next generation of groundbreaking innovative solutions that can drive economic growth, enhance productivity, and create employment opportunities in the country.
The Initiative aims to foster and facilitate creativity within the digital sector by backing new solutions that can bring about cost-effective, scalable, and transformative positive changes.
Who is eligible to apply?
The NextechCzar focuses on technology-enabled businesses in key sectors such as financial services, agriculture, health, education, circular economy, e-mobility, e-commerce, marketplaces, renewables, power, and climate. These sectors were chosen due to the significant impact innovations in these areas can have on the Nigerian economy. A panel of expert judges will evaluate applications from innovative businesses operating within these sectors.
The program consists of two tracks. The Early stage track is for innovative startups that are yet to validate their product market, while the Growth phase is for post-revenue startups.
Women-led founders are strongly encouraged to apply.
This initiative represents a long-term commitment by Moolu Venture Lab to empower emerging Nigerian innovators and contribute to the growth of the digital economy. Participating startups will receive equity funding after completing the program.
What can participants expect?
Acceleration Phase: Innovators who pass the initial screening will enter a rigorous 16-week accelerator program led by technical experts. This program aims to mentor and equip innovators with the necessary tools for success.
Impact Summit
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. To apply visit the application platform
