Binance Labs is calling out for applications for any early-stage startups looking to get incubated from Africa. In Africa, Lagos will be the first incubation hub from where startups in Africa can be incubated via the venture firm.
Speaking to BitcoinKE, the new Binance Labs Director, Yele Bademosi, said he was excited to introduce the first Binance Labs program in Lagos, Nigeria. Yele was also thrilled to learn about the thriving East African blockchain space and would be delighted to pay a visit and check out the space even further.
Yele Bademosi, Binance Labs Director, in charge of developing the blockchain ecosystem in Africa
- Seed Investment: We provide Seed Funding: min. $120k (10% Equity and 10% of Token Sale Pool).
- Mentorship: We have top mentors with both crypto and startup experiences.
- Network: We connect startups with our network of industry leaders.
- Other Resources: We provide support for startup formation, regulatory/legal advice, recruiting, technical execution, fundraising, marketing/PR.
“At Binance Labs, we believe in realizing the full potential of blockchain technology. Since our launch, we have invested in 21 blockchain startups around the world, and incubated a strong batch of projects last season.”
