Solana Labs, the division dedicated to expanding the Solana ecosystem, has introduced an incubator program designed to support Web3 companies in their growth.
The program comprises four phases. During the first two phases, selected teams will receive fundraising support and collaborate with Solana Labs’ expert engineers and designers.
In the final two phases, teams will leverage Labs’ branding, marketing channels, and audience to find product-market fit, along with leveraging Labs’ extensive network for strategic partnerships.
This program caters to existing Solana teams looking to expedite their product development, Web3 businesses considering Solana for their projects, and Web2 teams exploring the integration of Web3 into their operations.
Applications will be accepted until November 30, 2023, requiring basic company information and details about the applicants’ Web3 or Solana development experience, project traction, and willingness to relocate to New York City for 3-4 months as part of the program.
Solana has a history of supporting Web3 companies. In May, the company launched the “NFT Showdown,” a pitch competition aimed at empowering NFT-focused creators to enhance their brands. Winners received mentorship from industry experts, workshops with NFT leaders, and access to office hours with the Solana team.
