Accelerator program is the next step to becoming a super startup; some notable established startups will concur. Accelerator programs help to develop the startups in growing and improving their startups into sustainable businesses – mainly why it is called an accelerator because its function is to accelerate growth.
Ventures Platform is the latest to select startups for its accelerator program. As we all know, there are different accelerators out there, with the likes of Startupbootcamp, that recently announced applications for its accelerator program. Ventures Platform, whose applications announcement was made earlier this year, has selected seven startups that will partake in the second edition of its intensive program in Nigeria.
Ventures Program is an innovative hub with its base in Abuja, Nigeria. Ventures Program aims to create an avenue where startups can be more enlightened and to develop their startups into sustainable businesses.
The accelerator program which is the second edition, will hold in Abuja. The seven startups that were selected are from diverse areas of tech startups. This is no different from the maiden edition of the event that took place last year, in which seven startups partook in the program. Some would have expected the number slots to be increased this time around but no, Ventures Program have remained consistent. The accelerator program will end up with a Demo Day that will witness all the startups pitching their solutions before an audience of investors and press attendees. Ventures Program is not only targeting the Nigerian startups, but also targeting startups from Ghana.
The startups that made it into the accelerator program are: Okrikah (Dubbed from the Nigerian term for second hand clothes; the startup offers a recycling platform); HostelVilla (A startup targeted at students, especially tertiary institution students; the startup offers a platform for booking of hostels and for finding roomates); Accounteer (A startup offering a platform of online accounting for business owners); GeroCare (a health tech startup that offers medical care on a subscription basis for elderly ones); ThriveAgric(an agricultural startup that assists farmers in linking up with buyers); VIVA(a startup that offers entertainment services in transits); Nicademia(a cartoon distribution platform online).