The incubation program is opened to founder anywhere in the world that is looking to grow business in Africa, particularly Nigeria. However, it is important to note that start-ups will have to be based in CcHUB incubation space in Lagos, Nigeria for the duration of the program.

GOAL:

To help the entrepreneur(s) properly structure their business, ensure consistent growth and access funding to build a lasting global entity.

DURATION:  12 months

BENEFITS:

Startups that are accepted into the program will receive the following:

• Funding of up to $25,000 to run your operations during the program. In addition, startups will get direct access to possible follow-on capital between $100,000 – $250,000 from the Growth Capital fund by CcHUB.
• Office space for up to 6 team members, high-speed internet, meeting rooms & more.
• Hands-on support:  Business strategy, financial management, recruitment, product development (advisory)
• Access to experienced entrepreneurs and industry experts via mentorship
• Access to the network of corporate partners.
• Access to investors for funding post-incubation.
• $15,000 Amazon Web Services Promotional credit and more products from partners.

Note: CcHUB takes 7 – 10% equity in startups that are accepted into the program.

ELIGIBILITY CRITERIA:

To be eligible to attend the program, startups must meet the following criteria:

• Have a revenue model and be generating revenue.
• Have a functional product (web or mobile).
• Have gained Users/customers.
• Been in operations (since launch date) for at least 6 months.
• Have a management team consisting of up to 3 members which include a technical lead and founder(s) that are fully committed to the business.
• Have the potential to scale.

DEADLINE: March 16th,2018

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