Abia State, Nigeria – RAD5 Tech Hub is excited to announce the launch of the Abia Startups Investment Readiness Programme (ASIR-P), a three-month training and business support program aimed at helping 300 Abia startups and businesses become investment-ready. The program aims to equip participants with the necessary skills and resources to attract potential investors and secure funding.
The project is funded by AfriLabs and Agence Francaise de Developpement (AFD) through the Digital Africa Seed Fund and is designed to provide participants with intensive training, support, and direct mentorship from industry experts in various areas such as product development, technology, customer validation, team formation, business model innovation, sales and marketing, financing, startup funding, and more.
The program will be held both physically and virtually, catering to entrepreneurs and businesses in Abia. It aims to target 300 entrepreneurs, with 40% being women-led, and make at least 70% of the participants investor-ready in six months. There will be two six-week phases, with the call for applications for the first batch of 150 entrepreneurs starting on April 25, 2023, and ending on May 8, 2023. Selected participants will be notified via email by May 10, 2023.
Here is a breakdown of the dates and deadlines for the program:
First Batch:
Call for applications: April 28, 2023
Application deadline: May 10, 2023
Announcement of beneficiaries: May 10, 2023
Onboarding and commencement: May 12, 2023
Training timeline: May 12, 2023 – June 23, 2023
Awards, certification, and demo day: July 29, 2023
Second Batch:
Call for applications: May 12, 2023
Application deadline: June 14, 2023
Announcement of beneficiaries: June 23, 2023
Onboarding and commencement: July 26, 2023
Training timeline: July 26, 2023 – July 28, 2023
Awards, certification, and demo day: July 29, 2023
The training will be available both in-person and virtually, occurring twice weekly on Mondays and Fridays.
On demo day, the top 20 businesses will have the opportunity to pitch to investors and compete for a share of $2,000 in grant funding, which will help accelerate their businesses. Selection will be based on businesses that have shown the most growth during the program, as measured using a set of internal KPIs.
The Abia Startups Investment Readiness Programme (ASIR-P) welcomes entrepreneurs and business owners at both the pre-revenue stage (idea or concept stage) and post-revenue stage (early stage), who are solving problems in various sectors such as Fashion, Finance, Education, Entertainment, Governance, Agriculture, E-commerce, Retail, Lifestyle, Health, Enterprise SaaS, Micro SaaS, Climate/Energy, Transportation & Logistics, Real Estate, Hospitality, and Hardware.
RAD5 Tech Hub is thrilled to announce the launch of the Abia Startups Investment Readiness Programme (ASIR-P), which is aimed at supporting early-stage startups, entrepreneurs, and businesses in Abia State. We aim to assist entrepreneurs in succeeding and creating more than 1,000 new job opportunities for Abians through this program. We firmly believe that empowering these entrepreneurs will contribute to the economic growth and development of the state and the nation.
The selection criteria for the program will be based on businesses that prove:
Desirability: a product that people want or need
Viability: a product that will be profitable
Feasibility: a product that can be created with new or existing technology
To apply, please visit bit.ly/ASIR-P
About RAD5 Tech Hub:
RAD5 Tech Hub is a top-tier venture-building and innovation lab in Aba, Nigeria. Our mission is to empower startups and entrepreneurs by providing them with comprehensive business incubation and accelerator programs, along with software development training and IT support services for businesses and governments. For more information, please visit our website at rad5.com.ng.
God bless you for this good deed to humanity. Is m very much interested and ready.
Thanks so much for this wonderful opportunity. At least,this one was brought to our doorstep.
I’m onuoha Benjamin from isiala ngwa south Abia I need help to start up my work
Thank you for this great opportunity,God bless you.
Am start up euterprenuer
Thanks so much for bringing this wonderful opportunity to us ,am very much interested in this.
Great to read that you’re interested. Do well to apply using the link on the post before the deadline.
Thanks for the great opportunity Really appreciate
I’m interested
Kindly apply through this link after reading through the requirements – https://bit.ly/ASIR-P
Thank you for this opportunity I’m interested
Kindly apply through this link after reading through the requirements – https://bit.ly/ASIR-P