ARM Labs is inviting Fintech, Pentech, Data intelligence, and digital Trade start-ups to their 5th cohort funding up to $50,000, mentorship, ARM subsidiary partnership, and access to an investor network. Apply Now for the ARM Labs Innovation Program and secure a bright future for your company.
Each startup receives focused attention from ARM Labs Innovation Program over the course of six weeks, with the goal of improving its product, market strategy, and team dynamics. With the ARM program, your company will get access to the ARM Labs Innovation Program network, exclusive offers from partner organizations, and knowledgeable fintech mentors that can help you with introductions and practical advice.ARM Labs Innovation Program utilizes a startup’s products when it perceives a collaboration opportunity or a synergy. Given our clientele and reputation in the sector, this typically assists the startup to get off to a faster start and increase their income.
About ARM Labs
ARM is an asset management firm that offers wealth creation opportunities through alternative investment services. ARM Labs is designed to engage early-stage FinTech startups in a series of activities aimed at exponentially advancing the growth of their companies within a short time frame and ensuring their investment readiness. Selected startups will be provided with financial investment, distribution, access to investors, and lots more!
ARM Investment Managers provides professional global asset management services across a wide range of traditional and alternative investment options, including equities, fixed-income securities, cash, and real estate. We offer optimum investment opportunities to a substantial and diversified client base that includes corporations, high-net-worth individuals, and small savers. They also offer Specialized funds (non-traditional asset management) expertise through investment businesses such as Mixta Nigeria (Real Estate); ARM Capital Partners (Private Equity) and ARM Harith Infrastructure Investment Ltd With over 20 years of investment management expertise, we have consistently distinguished ourselves through our superior research quality, asset management track record and value-adding financial advisory services.
Funding Information
ARM Labs Innovation Program will provide funding of $50k in exchange for at least 6% equity in the startup and this is done at most two (2) weeks into the innovation program. The investment is only a small part of what the program brings. The most important thing ARM do is help companies achieve their goals, give them leverage to scale up and help them answer questions to boost their progress
Eligibility
The ARM Labs Innovation Program is for:
- early-stage companies that are post-MVP (Minimum Viable Product)and operating within the FinTech, Digital Trade, Data Intelligence, and PensionTech space in Nigeria;
- These startups should have a well-rounded, complementary team for product vision (what to build), technology (how to build it), and business (how to make money from it) and should be solving an important problem for a highly engaged set of customers.
Benefits of the ARM Labs Innovation Program
- Access To Funding
Direct equity funding for the selected startups worth $50,000 each in equity - Mentorship
Accepted startups enjoy hands-on mentorship from leaders in the FinTech sector. - Workspace
Provision of Office workspace for the selected startups (workspace can sit up to 5 people per startup) - Access To Investors
Startups will get introduced to a network of investors at the end of the program for possible follow-on investments. - Access To The Program’s Alumni Network
Startups get to meet previous cohort founders and learn from their experience firsthand.
The selection process for ARM Labs Innovation Program
Applications will be reviewed on a rolling basis. At the end of the application process, the selection will happen in 3 stages
- STAGE 1: Screen applications and shortlist the Top 30 most innovative value propositions
- STAGE 2: Review the Top 30 startups and shortlist the Top 15 startups using Product Validation and High-level Due Diligence Check
- STAGE 3: The last stage of the screening process entails conducting individual interviews with the top 15 startups in a rotational manner. Each startup is evaluated independently using an e-scoring tool. The program will select the top 5 startups with the highest scores for admission
Timeline
Call For Application Monday, May 15, 2023
Applications close Thursday, June 15, 2023
Selection of 5 Startups June 2023
Due Diligence/ Investment Decision July 2023
The program kicks off July 2023
Demo Day September 2023
To Apply
To apply for the ARM Labs Innovation Program fill out the online form
Overview
Types of opportunity:
Deadline: Thursday, June 15, 2023
Worth: $50,000
Duration: 6 weeks
Location: Lagos, Nigeria
Organizer: ARM
Country: Nigeria
Inquiry
for questions about ARM Labs Innovation Program fill out the form on Contact Them or
send your inquiries to enquiries@arm.com.ng
For complaints: complaints@arm.com.ng
For more information visit Labs Innovation Program
