Greenhouse Capital in collaboration with Venture Garden Group has opened up applications for its 2018 first female-focused accelerator programme in Nigeria, Greenhouse Lab.
Ohhh it's Monday and we bring GOOD NEWS! 😃💃🏽
The team @GreenHouseCap_ wants to help change the narrative for Nigerian-based women in leadership positions in tech startups.
Is that you! Or perhaps, someone you know? Share!
Applications are now open!https://t.co/c46ErL9yqd pic.twitter.com/jS4IYhEWow
— Venture Garden Group (@VentureGardenNG) July 2, 2018
Being the first of its kind in Nigeria, GreenHouse Lab is a 3-month accelerator programme that is focused solely on early-stage, women-led technology startups in sub-Saharan Africa, as well as African run startups based in the US or UK with scalable product in African markets.
The programme offers startups the opportunities to meet with a global network of mentors and investors as well as access to world class tech entrepreneurship training during the 3-months programme. It would be hosted at Vibranium Valley – Venture Gardens Group’s recently launched tech campus in Lagos.
The program would make use of existing entrepreneurship education frameworks and focus on a variety of key topics including: product development, market segmentation, human capital, marketing, and fundraising.
Nigeria’s first women-focused #tech program accepting application Pulse Nigeria Venture Garden Group and GreenHouse Capital Open 2018 Application for the First Female-Focused Tech Accelerator … Tech in Africa… https://t.co/Sbp5iWp1r9 via @theafricamentor #africabiz #africa pic.twitter.com/VK2a410XeD
— Africa Mentor (@TheAfricaMentor) July 2, 2018
At the end of the 3-months programme, there would be a Demo and Investment Day where each startup will pitch in front of an audience of key entrepreneurs, investors, industry leaders and media from the global tech ecosystem. After which, Greenhouse Capital will offer a minimum of $100k investment for startups that qualify and meet up with the key requirements during the program as well as other investments from global investors in the network.
Participants would also be accepted as member of the first cohort in the first female-focused tech accelerator in Nigeria as well as life-long membership in the GreenHouse Lab alumni network. Startups would also get publicity for their participation from the media.
Women receive only 2.2% of VC funding yet gender diverse teams produce over 30% higher ROI. Our team at GreenHouse Capital wants to change that. Please share with all Nigerian based female led tech startups you know and let’s change the narrative.https://t.co/ihXKdwESoP pic.twitter.com/czSBIddMdU
— Nichole Thee Stallion (@Nicho0le) July 2, 2018
Applying startups must be an early-stage one with at least one female as a member of the leadership team, 2 members and no more than 6 members with one technical member ready to commit full-time to the program in Lagos. Startups must have identified a critical need in the African and building an effective, sustainable and scalable solution with 100% commitment to their ideas. Additionally, startups should have developed at least a beta product and are in the process of refining their market strategy, building out sales channels and generating revenue.
The 3-month accelerator begins in mid-August and ends in mid-November and applications are open until 20th July, 2018. Interested applicants can click here to get started.
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