ARM Innovation Labs is now accepting applications from early-stage FinTech startups in Nigeria. If your startup is post-MVP and operates within the FinTech, Digital Trade, Data Intelligence, or PensionTech space, this program is for you. We are looking for startups with a strong team, a compelling product vision, and the ability to solve important problems for engaged customers.
The application process consists of three stages: screening, review, and interviews. We will shortlist the top 30 startups with the most innovative value propositions, then further narrow it down to the top 15 through product validation and due diligence checks. Finally, we will conduct individual interviews and select the top 5 startups based on their scores.
Selected startups will receive $50,000 in equity funding, hands-on mentorship from FinTech leaders, office workspace for up to five people, and introductions to our network of investors. Additionally, startups will have the opportunity to learn from previous cohort founders and benefit from their experience.
During the 6-week ARM Labs Innovation Programme, we will work closely with each startup to enhance their product, market strategies, and team dynamics. We provide not only funding but also access to our network, exclusive deals from partner organizations, and guidance from expert mentors in the fintech industry.
Our investment decision is made within two weeks of the program and entails providing $50,000 in exchange for at least 6% equity in the startup. However, the true value lies in our support of startups in achieving their goals, scaling up, and overcoming challenges.
If there is synergy or partnership potential, ARM may leverage the startup's products, giving them a boost in revenue and exposure to our client base and industry reputation.
The application deadline is June 15, 2023, and the program will kick off in July 2023, culminating in a Demo Day in September 2023.
ARM Labs is committed to advancing the growth of early-stage FinTech startups by providing financial investment, distribution opportunities, access to investors, and much more. Don't miss this chance to accelerate your startup's success. Apply now! START HERE
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