SuiHub launches startup accelerator program with $200k funding

As a seasoned researcher with years of experience in the crypto and blockchain industry, I find the SuiHub Global Accelerator Program to be a game-changer for pre-token projects. Having seen numerous accelerators come and go, it’s refreshing to see a program that offers such comprehensive support, including technical guidance, funding, and networking opportunities.


SuiHub initiates its Worldwide Incubation Program, designed to aid early-stage projects using the Sui Solution by providing them with technical assistance and financing of up to $200,000 per group.

In collaboration with Brinc, CoinList, and Ghaf Group, SuiHub is launching a 12-week accelerator program. This program aims to offer strategic investments, technical advice, and networking platforms to emerging startups and developers who are working on blockchain projects.

For each chosen team, we provide access to the Sui resources, which includes our Sui Solutions Engineering team for technical assistance and collaboration in creating the product to maximize its capabilities. Additionally, each team will be granted $200,000 at key milestones using a performance-based funding model.

The SuiHub Accelerator Program is accepting applications up until December 20, 2024. As stated in their official announcement, they are seeking projects that are still pre-token launch and have a Minimum Viable Product (MVP) which aligns with the Sui(SUI) blockchain and possesses practical, real-world applications.

Contenders may send their entries via the authorized SuiHub submission platform. The selection process will focus on the core principles of the proposed projects, the competencies of the teams, compatibility with the Sui environment, and visible progress or momentum in their work.

According to Kristof Lukovich, CEO of SuiHub, this project aims to combine the robust features within the Sui ecosystem and guidance from expert figures in the industry. This will foster the development of projects that show promise for practical application, thereby paving the way for the emergence of the next wave of applications on the Sui blockchain.

Lukovich stated that aiding developers who create practical applications helps advance Sui’s goal of introducing a billion more people to Web3.

In simpler terms, as reported by Jameel Khalfan, who is responsible for Ecosystem Development at the Sui Foundation, the goal of the SuiHub’s accelerator program is to provide developers and business owners with the tools they need to create innovative projects utilizing the Sui platform.

As a passionate crypto investor, I’m thrilled about the launch of the SuiHub Global Accelerator Program. This groundbreaking step signifies a significant stride towards accelerating innovation within the Sui ecosystem, propelling it to new heights.

As a researcher immersed in the digital landscape, I’m excited to be part of the formation of SuiHub – a collaborative initiative born from the partnership between Sui and Ghaf Group. Our mission is to transform into a dynamic incubator for Sui developers, particularly in the Middle East and North Africa region. By offering a range of supportive resources and fostering active community interaction, we strive to catalyze the expansion of eco-friendly applications on the Sui blockchain.

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2024-11-22 10:06