The Binance Labs Incubation Program is a 6-week curriculum designed for top-tier founders.
What is Binance Labs Incubation Program?
The Binance Labs Incubation Program is a chain-agnostic initiative that aims to empower innovative projects to shape the future of Web3. As an accelerator and Binance’s venture capital arm, Binance Labs has tailored the entire design of the program to meet the needs of top-tier founders by leveraging extensive resources across the entire Binance ecosystem.
Web3 Know-hows & Entrepreneurship
All courses are carefully crafted based on founder needs, covering two trajectories — Web3 know-hows and startup guides. Project founders will deep dive into various topics such as the Fundamentals of Web3, Token Model Design, Community Building, Idea Formulation, and Startup Management. Through the 6-week course, founders will embark on a try, test, and learn approach for rapid iterations of their ideas until they find a proper market fit.
1-1 Office Hours for Tailored Advice
Each incubation project will have the opportunity to regularly attend 1-1 mentoring sessions with industry-recognized experts. Meanwhile, founders will also have a weekly catch-up with the Binance Labs team to check on the progress and receive constructive feedback.
Fireside Chats with Industry Leaders
Founders will have direct conversations with industry leaders and previous Binance Labs Incubation alumni such as the founders of Polygon, Messari, and Celer Network, and Binance to learn from their experiences and gain market insights.
Live Case Study & Brainstorming
Every week, founders will have the chance to discuss the difficulties they encounter with other participants as case studies. The cohort will brainstorm and foster ideas collaboratively to resolve the pain points and learn from each other’s experiences.
Demo Day to Connect with the Whole Industry
After six weeks, a demo day for founders to pitch their projects to the market will be organized by Binance Labs. This event will feature investors, mentors, Binance Labs alumni, and potential business partners from across the industry.
Continuous Support After Incubation Period
After passing the incubation period, all projects will become Binance Labs alumni. Binance Labs will continue to provide full-suite support, and keep alumni in touch with each other to grow collaboratively as partners in the future.
For those interested in being part of the ecosystem, please apply here by July 31, 2022. The application review and interview notification are on a rolling basis, and qualified projects will be notified via email. The 6-week course will kickstart in Q4 2022 after all selected projects are officially onboarded.
What happened in Season 4?
During Season 4 of the program, incubation projects had a chance to come together in Paris in collaboration with Station F, the biggest startup campus in Paris, for two weeks. While the projects were a part of the Station F ecosystem, they had opportunities to interact with tech startup entrepreneurs from different parts of the world. They also had a chance to participate in office hours led by the experts from Google and Apple and connected with more than 150 venture capital funds and investors. The finale of the 2-week stay in Station F culminated in a presentation at VivaTech’s Web3 Innovation Park complete with a physical presence on the showfloor to share their experiences with the world.
For the over 91,000 attendees that attended VivaTech, the teams featured in the Binance Labs Incubation Program represented the future of Web3 and gave the hungry crowd a taste of what that future could hold for the technology ecosystem at large.
Founders even had the exclusive opportunity to interact and learn from Binance CEO Changpeng Zhao, also known as CZ, and co-founder Yi He during an in-person interactive session.
“The mission of Binance Labs is to support leading Web3 projects, find and provide guidance to future market leaders, and build a decentralized future together,” Yi said.
Jasmine Kong, Incubation Program Lead at Binance Labs, commented: “We are glad to finally have all our wonderful founders here at Station F as part of the Binance Labs Incubation Program. Being together in the same place has allowed for teams to work together, collaborate and gain new insights into their work as well as the work of their peers. Our time at VivaTech was also incredibly impactful and gave the teams a chance to share their ideas with the world.”
The Binance Labs Incubation Program provides committed founders of innovative projects direct access to industry bigwigs and a golden opportunity to foster connections with aspiring market leaders. We employ a rigorous selection process and are on the lookout for the next Web3 unicorn.
Apply now to join us as we build a better Web3 for everyone!
Follow @BinanceLabs on Twitter to keep tuned for a video of founders, talking about their experiences in the incubation program and StationF offices.
