Nailab has handpicked a number of startups since March that will be joining its Season 6 incubation program beginning early July this year.
Speaking to TechMoran, Sam Gichuru, CEO& Founder Nailab said, “We have the general call to apply ongoing this week and will close temporarily on 12th June until the beginning of July to enable the judges assess applications.”
According to Gichuru, the handpicked startups and those who apply in the course of the week will have a chance to pitch in 2 weeks to a panel of judges if they meet the criteria set. Nailab says that due to the high requests for applications, the process will then reopen on June 30th and will go on until the month of September.
This new move will see the incubator have startups joining the program every 3 months while each cohort will have the full 6 months of incubation in the program as before.
“This will mean that we will be able to take in 4 batches in a year unlike the previous 2 batches with each cycle feeding into the previous to share market and product development experiences,” said Gichuru.
Nailab says this weeks application process will culminate with an “Open Pitch Friday” where various startups/ business enterprises will be called in to pitch their concepts to the Nailab crew and from those invited a shortlist will also be created as potential startups for incubation.Based in Nairobi, Nailab has been helping startups develop much-needed and affordable solutions tagged to key needs in the market since 2011. The incubation center has over the last 4 years worked with 40 startups across different sectors in a move to build world-class startups that can compete at a global scale through creating an environment that inspires and stimulates innovation and entrepreneurship.Through a partnership with ICTA, Nailab seeks to support more that 30 startups by 2016. To date the incubator has seen 2 of its startups acquired by leading corporates and 1 join a leading accelerator in the Silicon Valley. Nailab is keen on catalyzing startups growth through the “Enterprise Kenya” Initiative with will see many local startups access global markets for trade and also create opportunities for local procurement processes.”It’s important to note that creating innovative solutions is a continuous process. It’s through sharing with like minds that one continuous to refine an idea/ solution. The open pitch arena will help entrepreneurs to critically analyze the solutions they are/ intend to provide and maximize the best offering with the development of their prototypes,” concluded Gichuru.To apply go to http://www.nailab.co.ke/apply/