Opportunity Title: Call for Applications: ARM Labs Innovation Program 6.0 for Early-stage Entrepreneurs

The ARM Labs Innovation Program (ALIP) is seeking applications from early-stage startups and aspiring tech founders. This pre-accelerator program is tailored to provide essential guidance, resources, and mentorship to refine business ideas, develop products or services, and prepare participants for further acceleration and investment readiness.

**Program Overview:**
- Duration: 8 weeks
- Focus Areas: Product enhancement, market strategies, and team dynamics
- Benefits: Access to the ARM network, exclusive deals from partner organizations, and expert mentors from the fintech industry

**Eligibility Criteria:**
- Startups at the pre-seed stage (received/raised less than $500,000 prior to applying)
- Demonstrated market demand for the product or services, including active customers or growth rate
- Full-time, committed founding team willing to participate in the program
- Evidence of market validation, including user traction, customer feedback, and initial revenue streams
- Hybrid communication (virtual or in-person) depending on the session
- Acceptance of investment terms prior to entering ALIP
- Legal registered entity in Nigeria

**Benefits:**
- **Strategic Investment:** Up to $50,000 investment from ARM in exchange for 6% equity for startups meeting program requirements.
- **Mentorship:** Engagement with experienced mentors and industry experts throughout the program.
- **Tailored Curriculum:** Covering critical aspects of business development, including the POEM framework (Proposition, Organization, Economics & Milestones).
- **Market Access and Networking:** Connection with industry players, potential partners, and investors.
- **Investor Readiness:** Preparation for further funding rounds.
- **Visibility and Branding:** Platform to showcase startups to a wider audience.

**Timeline:**
- Call for Applications: April 29th, 2024
- Applications Close: May 10th, 2024
- Final Call for Application: May 20th, 2024
- ARM Office Visit Hours: May 20th - May 22nd, 2024
- Application Close: May 22nd, 2024
- Candidate Screening: June 3rd - June 17th, 2024
- Final Offer Sent: June 21st, 2024
- Program Resumption: July 22nd, 2024

Don't miss this opportunity to take your startup to the next level with ALIP. Apply now! Deadline: May 22nd, 2024.