Curated News
By: NewsRamp Editorial Staff
March 05, 2025
Lisk Blockchain Incubation Hub Completes First African Cohort, Opens Applications for Batch 2
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- Lisk Blockchain Incubation Hub provides African startups with up to $100,000 in funding, giving them a competitive edge in the Web3 space.
- The six-month Lisk Incubation Hub program offers mentorship, curriculum, and $20,000 grants to help African startups refine their ideas and strategies.
- Lisk's support of African startups through the Incubation Hub fosters trust, streamlines processes, and unlocks economic opportunities, driving positive change in communities.
- Innovative projects like Tata-iMali, TrendX, and Pokecoin are leveraging blockchain to transform sectors in Africa, showcasing the power of technology for real-world impact.
Impact - Why it Matters
This news matters as it highlights the impact of blockchain technology in driving change and innovation in high-growth markets like Africa. The success of the incubator program showcases how blockchain can address real-world challenges, foster trust, and unlock economic opportunities across the continent.
Summary
Lisk, the Layer 2 Ethereum blockchain, has successfully completed the first cohort of the Lisk Blockchain Incubation Hub in Africa. The program, powered by CV Labs, helped 23 startups refine their ideas and gain access to financial support. Applications for Batch 2 are now open, offering up to $20,000 in grants per project by graduation.
Source Statement
This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Lisk Blockchain Incubation Hub Completes First African Cohort, Opens Applications for Batch 2
