letafricabuildBack LAB on Artizen
How it works

A venture engine, not a training program.

Four stages. One pipeline. Measured on economic outputs.

16-week formationSelection-basedCohort 1 · 2027
The pipeline

The pipeline in detail

Each stage has an owner, a duration, and an output. Nothing advances on attendance.

STAGE 01
SELECTION

Select the right founders

Every cohort begins with selection. We identify African developers who show the technical depth and commercial instincts to become founders, not just build features.

Selection criteria
  • Demonstrated technical shipped work: GitHub, competitions, deployed products
  • Commercial curiosity about African market realities
  • Communication capability with technical and non-technical audiences
  • Coachability and commitment to a 16-week structured program
  • Vision for a specific African market problem worth solving

Not everyone applies. Not everyone accepted graduates. Selection is a service to the founders who enter.

STAGE 02
16 WEEKS

Form them technically and commercially

The 16-week formation program develops founders across four dimensions.

Technical
Technical formation
Bitcoin, Lightning, stablecoins, mobile money APIs, agent networks, offline-first architecture, USSD interfaces, and integration with existing African financial rails.
Commercial
Commercial formation
African market realities. Customer acquisition through agent networks. USSD reach. Informal-to-formal user transitions. Dollar-alternative savings behaviour. Unit economics that work for low-income users.
Regulatory
Regulatory formation
Payment service provider licensing. Central bank digital currency frameworks. Cross-border remittance regulation. KYC and AML in African contexts. Regulatory sandboxes.
Founder
Founder formation
Positioning. Fundraising. Team building. Sales. Communications. The soft skills that separate technical builders from investable founders.
STAGE 03
EQUITY IN EVERY VENTURE

Incubate their ventures

Selected cohort founders enter structured incubation. LAB takes equity in every venture that emerges.

What ventures receive
  • Technical mentorship from the LAB team and external technical partners
  • Commercial guidance from experienced African fintech operators
  • Small pre-seed capital, structured per venture
  • Access to LAB's institutional network
  • Legal, tax, and operational infrastructure support
  • Priority introductions to LAB's ecosystem of capital partners
STAGE 04
TOP OF THE FUNNEL

Connect to capital and markets

Ventures flow into a curated network of aligned capital partners, corporate anchors, and government relationships. LAB is the top of the funnel.

LAB's connection network
  • Founding Backer Circle members, which opens after Cohort 1
  • Corporate anchor partners for pilot deployments
  • Ecosystem grant partners: Stacks Foundation, Btrust, OpenSats, Spiral
  • Government partnerships for regulatory support and market access
  • International capital partners aligned with African infrastructure investment
In practice

What that looks like in practice

The venture engine runs across four connected parts. Each part has a distinct rhythm and produces a distinct output.

STAGE 01
ALWAYS RUNNING

Developer Community

The foundation layer of the venture engine. It runs continuously through meetups, workshops, mini Buildathons, hackathons, and beginner training across partner universities and community networks.

Community activities
  • Regular meetups across regional cities
  • Technical workshops on Bitcoin, Lightning, stablecoins, mobile money, and adjacent infrastructure
  • Mini Buildathons focused on specific problems or technologies
  • Beginner training for developers new to Bitcoin infrastructure, smart contracts, digital payments, and blockchain technology
  • Hackathons, some of which serve as cohort selection funnels
  • University sessions across partner campuses

This is where LAB identifies technical talent, tests commercial instincts, and builds the relationships that later become cohort applications. It is not a program with a start and end date. It is the ongoing ecosystem that feeds the cohort.

STAGE 02
16 WEEKS · SELECTION-BASED

The Cohort

A 16-week intensive founder formation program. Selection-based. Founders enter through hackathons, direct application, or community recommendation, all drawing from Part 1.

The 16 weeks
  • Weeks 1 to 4, Foundation: technical, commercial and regulatory groundwork. Working thesis validated or evolved.
  • Weeks 5 to 10, Formation: deep technical work on the venture’s infrastructure. Commercial testing of distribution, pricing and user acquisition.
  • Weeks 11 to 14, Shipping: real users, real transactions, real evidence. The LAB team works alongside founders to remove obstacles.
  • Weeks 15 to 16, Positioning: fundraising narrative, pitch preparation, introductions to aligned capital partners, post-cohort planning.

Every cohort ends with a Demo Day. Dates are announced to the mailing list first.

STAGE 03
6 TO 12 MONTHS · ROLLING

Incubation

After the cohort ends, the strongest ventures continue inside LAB through the incubation residency. Timing is flexible per venture, typically 6 to 12 months, based on what each one needs to reach its next stage.

Ventures in incubation receive
  • Continued technical mentorship from the LAB team and external partners
  • Commercial guidance as the venture scales
  • Introductions to capital partners aligned with the venture's stage and thesis
  • Corporate pilot facilitation
  • Legal, tax, and operational infrastructure support
  • Access to LAB's wider institutional network

Each venture graduates from incubation when it is ready, not on a fixed calendar.

STAGE 04
RECURRING · PUBLIC MOMENTS

Demo Days

The public moments of the venture engine. They surface what the pipeline is producing to backers, partners, press, and the wider ecosystem.

Two types of demo moment
  • Cohort Demo Day: at the close of each 16-week cohort. Invite-only for backers, partners and ecosystem allies. Every graduating founder presents their shipped work.
  • Annual Showcase: once a year, public. All active portfolio ventures present, open to press, corporates and the wider ecosystem.
Foundation layer

What powers the venture engine

The developer community, Part 1 above, is the direct pipeline that feeds cohort selection. Around it sits a wider foundation of institutional partnerships that extend LAB’s reach and multiply its impact.

01The LAB Open Source Builder Fund, supporting African Bitcoin developers shipping open-source infrastructure through a sponsor-matched pool on ArtizenGRANTS
02University partnerships with eight Nigerian campuses running LAB programming: UNILAG, UI, UniAbuja, UniPort, Yaba Tech, LASU, Baze, Polytechnic Ibadan, and more as we scale8 AND GROWING
03Institutional relationships with Lions Club International, NYCN, and NYSC / SAED that extend LAB's reach into youth engagement and public technical trainingREACH
04Ecosystem partnerships with Stacks Foundation, Artizen, Bitflow, and other Bitcoin and Web3 organisationsECOSYSTEM

The community and its institutions together are what allow the venture engine to run. Without them, there are no founders to select, no ventures to incubate, and no pipeline to activate.

Differentiators

Why a venture engine is different from an accelerator

01
We form founders. Accelerators fund existing ones.
Most accelerators fund founders who already have a company. LAB forms founders from the developer stage forward. The result is more founders shipping the specific things Africa needs, rather than fewer founders pitching what happens to be trending.
02
We select at the top of the funnel.
LAB's selection happens before cohort entry, not after cohort completion. Every founder who enters receives full investment, mentorship, and pipeline access from day one.
03
We take equity in the venture engine itself.
The Founding Backer Circle takes ownership in LAB the entity, not just individual portfolio companies. This aligns backers with LAB's long-term production capacity, not one-off outcomes.
04
We are built by Africans for African markets.
Not adapted from a Silicon Valley playbook. Not translated from a European program. Designed from the ground up for the realities of African financial infrastructure, distribution, and users.

The pipeline from developer to founder to shipped venture.