FCMB HERCCELERATE Program for Women-led Tech Startups (Nigeria)

HERCCELERATE aims to provide selected female founders with coaching, grant funding, technological tools and access to potential investors. Up to 40 women-led tech startups will be selected to participate in this inaugural edition of HERCCELERATE. Over the next five years, the goal is to empower up to 200 women-led tech startups.

HERCCELERATE 1.0 will run over a 5-week period and culminate in a Demo Day where 5 finalists will pitch to an esteemed jury for a chance to win grants and other prizes.

Key Benefits

• Total grant funding of 1.5 million naira
• Tailored expert-led training.
• Access to tech tools and services at discounted rates e.g. Zoho One, Branddrive, etc.
• Access to potential investors
• Follow-on support
• Other benefits
  • Access to Sheventures’ single-digit and zero-interest loans. Learn more.
  • Access to Sheventures programs and networks.
  • Access to FCMB’s Open Banking infrastructure (APIs, etc)
  • Potential strategic partnership with FCMB
  • Access to Hub One’s coworking infrastructure, community and network of partners.

Eligibility Criteria

• Your company must be founded and led by at least one woman
• Your company must be registered and operating in Nigeria
• Your company must be looking to raise its first round of institutional funding within the next 12 to 36 months
• Your company’s solution must be technology-enabled and innovative.
• Your company must not be more than 3 years old.
• Your company must have paying users and generating annual revenue of between 10 – 50 million naira
• Your company must operate in the following verticals: fintech, agritech, lending, edtech, healthtech, energy-tech, trade-tech, logistics/mobility and proptech. Companies that are solving any of the SDGs would also be considered.

For more information, visit FCMB.