Nigeria’s thriving startup ecosystem has reached a crucial milestone with the
launch of the ARM Labs Innovation Programme 5.0, an intensive pre-accelerator programme that aims to support the country’s most promising startups and entrepreneurs.
Over the previous four editions, a host of notable Nigerian startups have received support from ARM Labs, including Trove, Rise, Keble, Trade Lenda, Regxta and many more.
The ARM Labs Innovation Programme 5.0 is an updated version that now includes support for FinTech, PenTech, Data Intelligence, and Digital Trade startups. If selected, these startups can receive funding of up to $50, 000, access to modern office space, guidance from experienced industry mentors, and
connections to investor networks.
ARM Labs, through this innovation programme, has invested over $400k in
startups and mentored over 150 founders through the ecosystem. Thanks to this support, some of these startups have secured coveted spots in prestigious accelerators such as Y Combinator and TechStars.
Chief Executive Officer, ARM, Jumoke
Ogundare, said: “We are excited to witness the impact that the 5th Cohort of the ARM Labs Innovation Programme will have on Nigeria’s startup ecosystem
By supporting promising startups, we are simultaneously supporting innovation whilst investing in the future of Nigeria.”
The programme represents a unique opportunity for Nigeria’s brightest and most innovative minds to showcase their potential and significantly impact the
economy. The application window is now open and interested applicants can
apply and learn more about the programme by visiting www.arm.com.ng/armlabs
before applications close on June 15, 2023.
ARM, established in 1994, is a leading investment management firm providing a wide range of wealth management services to a substantial and diversified
client base, including corporations, foundations and charities, high net-worth individuals, and small savers.