FCMB HERCCELERATE Entrepreneurship Program: Equity-Free Funding, Knowledge & Resources, and Access to Potential Investors
First City Monument Bank is hosting the maiden edition of the HERCCELERATE Program for Nigerian entrepreneurs.
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The program provides a sum of N1.5 million grant to support high-potential women-led technology startups in Nigeria for investments and rapid growth.
In this post, the full details of the eligibility, benefits, timeline, and application procedure will be provided.
FCMB HERCCELERATE Enterpreneurship Program Abstract
FCMB HERCCELERATE Enterpreneurship Program Details
The FCMB HERCCELERATE Program is one of the initiative of the organization’s SheVentures program.
SheVentures, FCMB’s women-focused business division, and FCMB’s innovation hub, Hub One, presents HERCCELERATE. This accelerator program is designed to position early-stage, high-potential women-led technology startups in Nigeria for investments and rapid growth.
HERCCELERATE aims to provide selected female founders with coaching, grant funding, technological tools and access to potential investors.
Up to 40 women-led tech startups will be selected to participate in this inaugural edition of HERCCELERATE. Over the next five years, our goal is to empower up to 200 women-led tech startups.
FCMB HERCCELERATE Enterpreneurship Program Benefits
Key Benefits
- Total grant funding of 1.5 million naira
- Tailored expert-led training.
- Access to tech tools and services at discounted rates e.g. Zoho One, Branddrive, etc.
- Access to potential investors
- Follow-on support
Other benefits
- Access to Sheventures’ single-digit and zero-interest loans. Learn more.
- Access to Sheventures programs and networks.
- Access to FCMB’s Open Banking infrastructure (APIs, etc)
- Potential strategic partnership with FCMB
- Access to Hub One’s coworking infrastructure, community and network of partners. Learn more.
Explore more scholarship opportunities below.
FCMB HERCCELERATE Program 2024 Requirements
To be eligible for the FCMB HERCCELERATE Program, applicants must satisfy the following conditions:
- Be a Nigerian
- Be a female business owner
- Run a high-potential women-led technology startup in Nigeria
- Be determined and passionate about growth of your enterprise
Program timeline
- Calls for applications: September 6th – October 6th
- Assessment and selection of participants for the accelerator: October 6th – October 11th
- Acceleration program: October 14th – November 15th (5 weeks)
- Demo Day: November 29th/30th
How To Apply for FCMB HERCCELERATE Enterpreneurship Program 2024
To apply for the FCMB HERCCELERATE Enterpreneurship Program, follow the instructions we have outlined below;
- Read the information we have provided on this webpage and ensure your eligibility
- Begin your application by clicking on the button below.
Deadline: October 6th, 2024
- For more scholarship updates, Click HERE.
- Phone: +234 913 731 7629 (Whatsapp only)
- Email: contact@scholarsworld.ng
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