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SuiHub Unveils Global Accelerator Program with $200K Funding for Startups

Madonna by Madonna
11/24/2024
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SuiHub has launched a new Global Accelerator Program designed to support pre-token projects building on the Sui blockchain. With up to $200,000 in funding available for each selected team, the initiative aims to provide critical technical guidance, strategic support, and networking opportunities for emerging startups.

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In collaboration with Brinc, CoinList, and Ghaf Group, SuiHub’s 12-week accelerator will offer participants access to Sui’s technical resources, including the Sui Solutions Engineering team for hands-on support and product co-building. The program will fund teams on a milestone-based model, disbursing up to $200,000 to help teams reach key developmental stages.

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Applications for the program are open until December 20, 2024. SuiHub is seeking projects with a Minimum Viable Product (MVP) that align with the Sui blockchain and offer real-world applications.

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Kristof Lukovich, CEO of SuiHub, emphasized the program’s role in combining Sui’s robust ecosystem with industry expertise to help entrepreneurs build practical solutions. “We believe that by supporting founders with real-world applications, we actively contribute to Sui’s mission of onboarding the next billion users to Web3,” Lukovich said.

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Jameel Khalfan, Head of Ecosystem Development at the Sui Foundation, highlighted the program’s potential to accelerate innovation within the Sui ecosystem, marking a significant step toward empowering developers and entrepreneurs.

SuiHub, a joint venture between Sui and Ghaf Group, aims to foster sustainable application development on the Sui blockchain, particularly within the Middle East and North Africa regions. Through mentorship and community-driven initiatives, SuiHub hopes to propel the growth of impactful blockchain solutions.

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