Techstars To Invest In 36 Nigerian Startups Within The Next 3 years

Techstars To Invest In 36 Nigerian Startups Within The Next 3 years

Techstars, an international investment business, is preparing to help about Thirty-six (36) Nigerian startups within the next 3 years, it is currently taking applications as concerned startups are encouraged to apply before the 24th of August.

Techstars has helped several startups grow worldwide, investing in about 20 Nigerian startups already, including the likes of Max, Klasha and Onepipe. These investors still believe in the Nigerian start-up and are willing to help them grow.

The chosen 36 startups will be divided into 3 batches of which each batch will have 12 companies either fintech or proptech based.

Techstars is willing to support its accelerator program graduate with special aid with includes talent scouting and marketing.

Addressing journalists, Maelle Gavet, Chief Executive Officer, CEO Techstars, stated “We found that especially early-stage founders need a lot more than just capital. Honestly, capital is not the key differentiator between a successful startup and a non-successful startup that early on.”

The accelerator program is more like a mentorship program which will begin accelerator classes on the 5th of December.

Every startup that has gone through this accelerator program has been added to a Techstar community, this will be the fate of those chosen for this open opportunity, they will have the chance to interact with over two thousand companies that have a market capitalization of Seventy-one billion US dollars.

This is another opportunity for Nigerian tech startups to start their journey to become Unicorns. Applications are still open.