Founders Incubator Program

Founders Incubator Program

Chinook Lab is scouting for 4 best disruptive startups & entrepreneurs in Nigeria to incubate and help them progress rapidly into exciting, viable, venture-scalable businesses. We work side-by-side with startups in cohort in the areas most critical to the success for their new ventures -- product development, customer discovery, business development, operational infrastructure, and recruiting. From customer development, partnerships, to fundraising, we help level the playing field for our portfolio companies accelerate their ideas to market.

We are excited to launch Chinook’s maiden program “Founders Incubator Program” and seek startups in cross-sector industry in Nigeria or that want to enter Nigeria market from West Africa in tech ecosystem:

  1. That are providing unravel innovative Tech-Fin platform for Insurance, Asset Management, Investment, Pension, Stock Trading and Micro Savings & Credits
  2. That are using technology solutions to drive innovation and business model improvement in: Agriculture, Transportation, Utilities, Smart Energy, Education, Media and Health leveraging Big Data and Artificial Intelligence
  3. That have High growth enterprise software opportunity across functions and industries including infrastructure software, SaaS, Data Service and on-demand platforms
  4. That have disruptive Innovation in Games, Blockchain, IoT and Visual Reality technologies.
  1. Existing Product and Service: Minimum viable product & generating revenue
  2. Market & Customer Validation: Demonstrate some sort of market traction
  3. Growth: Business model is new, disruptive and designed for scale
  4. Team: You have strong founders -- with technology and business background
  5. Governance: Your company is for profit and registered as independent legal entity
  • Application Period
  • Phone Interview/The Call
  • Selection Process/Advisors review
  • Three Days Bootcamp
  • Pitching event and selection of winners
  • Moving to Chinook Lab

Once selected, entrepreneurs receive support from Chinook in various ways:

  • Intensive four-month incubator program
  • 12 Months Workspace
  • High Speed Internet Access
  • Seed funding and the potential for follow-on funding from Chinook Capital’s Fund and from our Co-Investors
  • Access to our Corporate Partnership Program
  • Access to partner and sponsor benefits from Microsoft, Amazon and Digital Oceans
  • Mentorship & Business Development Counselling
  • Networking Opportunities with soft landing to Africa Market
  • Peer-to-Peer Meeting Sessions
  • Marketing and Promotional Opportunities
  • Access to Talent
  • Access to business support services – accounting, legal and industry information

Timeline

January (2019)
Application Closed

June (2019) - Mars Cohort
Open from March 2019 - May 2019

November (2019) - Neptune Cohort
Open from August 2019 - December 2019