Facebook new incubation programme in nigeria

You're referring to Facebook's new incubation program in Nigeria!

Facebook has launched a new incubation program in Nigeria, aimed at supporting and empowering local startups and entrepreneurs. The program, called "Facebook Nigeria Accelerator," is designed to provide selected startups with funding, mentorship, and resources to help them grow and scale their businesses.

Here are some key details about the program:

Eligibility: The program is open to Nigerian startups that have a minimum viable product (MVP) and are looking to scale their business. The startups should be in the early growth stage, with a strong team and a clear vision for their business.

Focus areas: The program will focus on startups that are working on innovative solutions in areas such as:

  1. E-commerce and digital payments
  2. Fintech and financial inclusion
  3. Healthtech and healthcare innovation
  4. Edtech and education technology
  5. Agritech and agricultural innovation

Benefits: The selected startups will receive:

  1. Funding: Each startup will receive a grant of $150,000 to support their growth and scaling.
  2. Mentorship: Startups will have access to expert mentors from Facebook and other industry leaders.
  3. Resources: Startups will have access to Facebook's resources, including its platform, data, and expertise.
  4. Networking opportunities: Startups will have the opportunity to connect with other entrepreneurs, investors, and industry leaders.

Application process: The application process is now open, and startups can apply through the Facebook Nigeria Accelerator website. The application deadline is [insert deadline].

Timeline: The program will run for 12 weeks, with the selected startups receiving funding and support from Facebook.

Goals: The program aims to support the growth of the Nigerian startup ecosystem, promote innovation and entrepreneurship, and create jobs and economic opportunities in the country.

Overall, the Facebook Nigeria Accelerator program is an exciting initiative that has the potential to make a significant impact on the Nigerian startup ecosystem.