The Bluerock Accelerator Program is designed to support high-growth businesses by providing essential capacity building, capital, and access to a network of industry experts to help them scale effectively.
The program spans three months and is conducted in collaboration with the Enterprise Development Centre. It focuses on key areas such as business expansion, product viability, and comprehensive business mentorship. Participants benefit from up to ₦15 million in investment in exchange for 10% equity, as well as guidance on business operations.
Through the accelerator, businesses gain valuable insights from experienced mentors and connect with potential investors, fostering a robust environment for growth and development. The program’s emphasis on mentorship and network access aims to help companies refine their strategies, enhance their product offerings, and achieve significant scaling milestones.
Once selected on the bluerock accelerator program, you will be part of the bluerock accelerate and enterprise development centre, pan-atlantic university community. Expand your business and your network with access to industry experts, talented group of founders, and Mentors.
The Bluerock Accelerator Program typically includes a comprehensive suite of support services. Participants gain access to a range of resources such as office space, funding opportunities, and advanced technological tools. Additionally, the program offers tailored mentorship from experienced entrepreneurs, industry experts, and investors who provide valuable insights and strategic advice. This mentorship is crucial for helping startups refine their business models, develop their strategies, and navigate the challenges of scaling their operations.
The accelerator program is structured to include various phases, starting with an intensive onboarding process where startups receive foundational support and training. This is followed by a series of workshops, networking events, and pitch sessions designed to enhance their business acumen and connect them with potential investors and partners.
One of the key aspects of the Bluerock Accelerator Program is its focus on fostering innovation and driving tangible results. The program often culminates in a Demo Day or similar event where participants have the opportunity to present their progress and pitch their businesses to a panel of investors and industry leaders. This exposure is instrumental in securing additional funding and strategic partnerships.
The Bluerock Accelerator Program aims to empower startups by equipping them with the tools, knowledge, and connections needed to thrive in a competitive market. By investing in early-stage businesses, the program contributes to the broader entrepreneurial ecosystem and supports the development of the next generation of successful enterprises.
Benefits
- Rapid Scaling: Intensive 3-month curriculum designed for fast-tracked growth
- Expert Guidance: Access to a distinguished advisory board of industry leaders
- Immersive Learning: Visits to top-tier businesses for hands-on insight
- Funding Opportunities: Connect with potential investors and secure funding
- Networking & Showcase: Exclusive Demo Day to present your business to key stakeholders
Requirements For The Bluerock Accelerator Program
- Designation: Must be a founder of a high growth business
- Experience: Minimum of 18 months operational experience
- Industry Focus: High-growth businesses in AgriTech, FinTech, HealthTech, EduTech, MobilityTech & Creatives
- Revenue Stage: Already generating revenues with market traction
- Alignment: Commitment to the United Nations SDGs
Method of Application
Application Deadline: August 29, 2024.
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