Applications are now open to early-stage entrepreneurs in Africa for the inaugural edition of the ARM Labs Lagos Techstars Accelerator Program.

ARM in partnership with Techstars for the ARM Labs Lagos Techstars Accelerator Programme has called for applications for the inaugural edition of the programme.

The accelerator is a 3-month intense training programme set to kick off in Lagos State by December 2022.

Following the announcement of the ARM Labs Lagos Techstars accelerator launch, applications are now open for early-stage fintech and proptech start-ups based in Africa from June 6 – to August 24, 2022.

At the end of the application process, 12 start-ups would be selected for the programme.

The inaugural class would commence on December 5, 2022 and conclude with a Demo Day scheduled for March 16, 2023. During the training, programme, selected start-ups will have access to Techstars’ vast network of 7,000 plus mentors, 20,000 plus investors, over 10,000 founders, alumni and corporate partners.

Other benefits include up to $120k in funding, curated start-up programming, one-on-one mentorship sessions, access to a Lagos office space and to future Techstars events.

The first month will be dedicated to aggressive and hands-on training with mentors to help selected founders refine their products. After the execution stage in the second month, the final phase will largely be focused on helping start-ups refine their financial strategies.