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  Apply now for the 2024 ARM Labs Innovation Programme (ALIP) aimed at early-stage startups and budding tech entrepreneurs. ALIP serves as a pre-accelerator initiative offering essential support, resources, and mentorship to refine business concepts, develop products or services, and gear up participants for further acceleration and investment readiness.
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During an intensive 8-week period, ARM Labs collaborates closely with startups, prioritizing the enhancement of their product, market strategies, and team dynamics for optimal success. The ARM Labs Innovation Programme provides access to ARM’s extensive network, exclusive partnerships, and seasoned mentors from the FinTech sector, delivering practical guidance and pivotal connections.
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Benefits

  • Startups completing ALIP and fulfilling all programme requirements may secure up to $50,000 in investment from ARM in exchange for 6% equity.
  • Engage with seasoned mentors and industry specialists throughout the programme.
  • ALIP’s curriculum encompasses crucial facets of business development, including the POEM framework (Proposition, Organization, Economics, and Milestones).
  • Connect with a diverse range of industry stakeholders, potential collaborators, and investors.
  • ALIP focuses on priming startups for subsequent funding rounds.
  • Gain a platform to showcase your startup to a broader audience.
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Eligibility

  • Startups at the pre-seed stage qualify to apply (having received/raised less than 500k before the program application).
  • Startups must demonstrate market demand for their products or services, evidenced by an active customer base or notable growth trajectory.
  • The founding team should be full-time, dedicated, and committed to participating in the program.
  • Evidence of market validation, including user traction, customer feedback, and initial revenue streams, is required.
  • Hybrid communication, either virtual or in-person, is mandatory depending on the session.
  • Startups must accept investment terms before joining ALIP.
  • Applicants must be legally registered entities in Nigeria.
Applications are open until May 24, 2024. To submit your application, click HERE.
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This article was first published on 30th April 2024

ikenna-nwachukwu

Ikenna Nwachukwu holds a bachelor's degree in Economics from the University of Nigeria, Nsukka. He loves to look at the world through multiple lenses- economic, political, religious and philosophical- and to write about what he observes in a witty, yet reflective style.

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