Techawk

Entrepreneurship, Innovation and Startups News Hub

Nigeria’s Farmchain Gets Opportunity to be Admitted to Starfleet Accelerator Program

Reading Time: 2 minutes

Farmchain

Farmchain, a Nigerian agritech blockchain startup, has been invited to participate in Genesis Week for an opportunity to be admitted to Cohort three of the Starfleet Accelerator Program.

The Genesis week whick takes place at the Microsoft Innovation Center, Malta; is a one-week {4th to 10th Nov) intensive workshop prior to being shortlisted for the accelerator program.

Farmchain alongside 14 other blockchain startups will undergo intense mentoring in areas such as Lean Startup Methodology, Blockchain Business Model Canvas, Value Proposition Design, Customer Development, Product Development, Raising Investment, Financing, and Budgeting, Features of dApps and æternity Platform and Ecosystem, Coding Smart Contracts in Sophia, Pitching Masterclass and more!

Following the intensive week of workshops during the Genesis Week, the startups will be pruned down to 10 for a further 5 weeks of mentorship from 11th November to 7th December 2019.

The culmination of the accelerator will be a Demo Day when selected teams will receive an investment offer for up to $100,000 USD in AE tokens and additional 6 months of mentorship and acceleration, along with access to the vast worldwide network of ambassadors, blockchain startups, experts, developers, mentors, investors, and events.

Farmchain, which was chosen from over 100 applications from blockchain startups from all over the world, is building a blockchain B2B and B2C food and farm production traceability app, as well as a management solution. What makes Farmchain unique is that it already has 30 tokenized farms in Nigeria.

The Starfleet Accelerator Program, — a full-service global acceleration program for seed-stage startups utilizing blockchain— is powered by AE Ventures, an investment company providing initial funding, acceleration and advisory support to blockchain projects.

READ  FCMB Unveils Hub One

Leave a Reply

Your email address will not be published. Required fields are marked *

 

This site uses Akismet to reduce spam. Learn how your comment data is processed.