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Monday, June 17, 2024

APPLY: 2023 ARM Labs Innovation Programme for Entrepreneurs

ARM, a leading investment firm in Nigeria, is dedicated to fostering the growth of the local startup ecosystem. Through the ARM Labs Innovation Program, selected startups are provided with intensive support to enhance their products, expand their market, and strengthen their team skills, increasing their likelihood of success.

Applications for the 5th Cohort of the ARM Labs Innovation Program are now open! This expanded program welcomes startups in FinTech, PenTech, Data Intelligence, and Digital Trade. Successful applicants will receive up to $50,000 in funding, top-notch office space, expert mentorship, and access to an investor network. Don’t miss out on this exciting opportunity!

More scholarship opportunities are ongoing in countries across Europe, the United States and Canada. Check out some selected opportunities below:


  • Host: ARM
  • Category: Competitions
  • Eligible Country: Nigeria
  • Reward: Funding
    • $50,000
    • Workspace
    • Mentorship
    • Investor Network
  • Deadline: June 15, 2023
  • Scholarship Alerts: To receive Scholarship Alerts on WhatsApp, Click HERE

Details for the ARM Labs Innovation Programme

Nigerian startups in the FinTech, PenTech, Data Intelligence, or Digital Trade sectors are eligible to apply for the ARM Labs Innovation Program. It’s a simple online application process and here is the breakdown.

  • Application closes: June 15, 2023
  • Selection of 5 Startups: June 2023
  • Due Diligence/ Investment Decision: July 2023
  • Program kick off: July 2023
  • Demo Day: September 2023
Join any of these WhatsApp Groups to receive Scholarship alerts on WhatsApp


To be considered for ARM Labs Innovation Programme, you must:

  • Be a startup in the FinTech, Digital Trade, Data Intelligence and PensionTech space in Nigeria;  
  • 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.


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The ARM Labs Innovation Program supports startups with funding, workspace, mentorship, and an investor network.

Selected startups can expect:

  • Funding: Up to $50,000 for product development, hiring, marketing, and expansion.
  • Workspace: State-of-the-art office space to create a conducive work environment.
  • Mentorship: Hands-on guidance from industry experts in various business areas.
  • Investor Network: Access to a valuable network for additional funding and business growth.

Scholarship Reminder

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Method of Application

The application process is straightforward and can be completed online.

Deadline: June 15, 2023

Visit HERE to check out many more Scholarship opportunities.

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