Welcome to the online application for Co-creation Hub's 2018 Incubation program.
The Incubation program at CcHUB takes a hands-on approach to helping entrepreneurs execute a working business model and grow a sustainable business. Our goal is to help the entrepreneur(s) properly structure their business, ensure consistent growth and access funding to build a lasting global entity.
DURATION: 12 months
BENEFITS
Startups that are accepted into the program will receive the following:
Equity financing of up to $25,000 to run your operations during the program. In addition, startups will get direct access to possible follow-on capital of up to $250,000 from the Growth Capital fund.
Office space for up to 6 team members, high speed internet, meeting rooms & more.
Hands-on support: Business strategy, financial management, recruitment, product development (advisory)
Access to experienced entrepreneurs and industry experts via mentorship.
Access to our network of corporate partners.
Access to investors for funding post-incubation.
$15,000 Amazon Web Services Promotional credit and more products from partners.
CcHUB takes 7 % equity in startups that are accepted into the program.
ELIGIBILITY CRITERIA:
To be eligible to attend the program, startups must meet the following criteria:
Have a revenue model and be generating revenue.
Have a functional product that leverages technology.
Have gained Users/customers.
Been in operations (since launch date) for at least 6 months.
Have a management team consisting of up to 3 members which includes a technical lead and founder(s) that are fully committed to the business.
Have the potential to scale.
Our incubation program is opened to founders anywhere in the world that are looking to grow their business in Africa , particularly Nigeria. However, it is important to note that startups will have to be based in our incubation space in Lagos, Nigeria for the duration of the program.
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