On October 26, Solana Labs disclosed a new initiative named “Solana Incubator” to support burgeoning projects on its blockchain platform. This program encompasses a wide range of support services including fundraising, development, networking, and marketing, aimed at paving the way for aspiring blockchain and web projects on Solana’s platform.
The application window for this initiative remains open until November 30. Selected projects are set to benefit from extensive support from the seasoned team at Solana Labs and its partners throughout various phases of their projects including development, marketing, and launch.
Emon Motamedi, Product Manager at Solana Labs, articulated that the primary objective behind this incubator is to eliminate major challenges faced by founders, especially around Web3 integrations and fundraising. This initiative seeks to empower teams to focus on their core competency: solving critical problems faced by their users, thereby not only bringing forth sustainable businesses to the Solana ecosystem but also contributing to the broader growth of the Web3 industry.
Moreover, the incubator is tailored to connect teams with prominent venture capital firms within the Solana Labs network to enhance their liquidity. This endeavor is a testament to Solana Labs’ enduring commitment to fostering a thriving ecosystem that promotes innovation and propels the Web3 industry towards a brighter future.
Source: https://cointelegraph.com/news/solana-labs-launches-web3-incubator-offering-dev-fundraising-support
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