BNB Chain's Web3 European Innovation Incubator Begins

2022.10.10  •  3 min read
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BNB Chain is launching the European Innovation Incubator, a three-week virtual program designed for innovative Web3 startups across Europe to build and scale dApps, driving towards a decentralized future. Register today.

Applications officially begin today, October 10, 2022.

What is the European Innovation Incubator?

The European Innovation Incubator will provide long-term support to startups by offering leading Web3 resources and training to them through esteemed partners and  community experts.

The program will provide the teams with hands-on sessions and mentorship on technology, design, tokenomics, and go to market strategies from BNB Chain's specialists, as well as incubator partners.

Exclusive offline meet-ups will be organized in Lisbon, Paris, London, Berlin, Milan, Barcelona, and Warsaw for projects, partners, and community members.

BNB Chain European Innovation Incubator Timeline

With the registration period lasting until October 23rd, you have plenty of time to sign up with your fledgling startup. You can also enjoy a broader overview of the program above.

How to Apply

Prospective applicants can utilize our Developer Programs page and make use of this convenient form to register their interest in participating in no time at all. The relevant questions are straightforward and allow us to get a clear picture of the progress of your project.  

Become a part of an incubator that could transform your project. With so much in store for winners, there really is no reason not to try and aid your project today.

What Awaits Winners

The winners will have the opportunity to win up to $50,000 in prizes as well as other ecosystem support such as complementary security auditing and token economics consultation from BNB Chain community and its partners.

Winners also have the opportunity to get a one-month 100% gas fee incentive, and a strong referral to BNB Chain's Most Valuable Builder (MVB), a long-running global accelerator program designed to support builders.

Zoe Wei, Senior Business Director at BNB Chain said: “We are determined to provide the finest infrastructure to enable European Web3 projects to grow and scale. To effectively build consumer-scale experiences, developers must consider accessibility and scalability – the ease of adoption and usage for both experienced web3 users and beginners. Our objective is to guide European builders in making early commitments to these fundamentals in order to grow large user bases in the long term. The program also provides concrete training and community support to help in bringing the most creative dApps to Web3 in Europe.”

Big Names Involved

Jump Crypto, Pyth Network, Keyrock, Skyland Ventures, Worldpay, 1Inch, CoinMarketCap, Trust Wallet, PancakeSwap, Salus Security, Nodereal, Polkastarter, MH Ventures, Hash Global, Binance Research, Binance Charity and Binance Labs are some of the prominent partners with strong regional presence that have joined the European Innovation Incubator to provide dedicated support to the builders. The dedicated media partner covering the event will be BSC News.

Partners like WorldPay and Binance Charity will be vital in helping startups looking to tackle social and fintech challenges such as financial inclusion and environmental risks.

The incubation program is open for European projects that are considering to build or have deployed on BNB Chain. For local networking, at least one key team member of the project must be based in Europe.

Applications open from October 10 to October 23rd 2022, and the Incubation period is from November 21st to December 11th, 2022. Each city's accelerator will also host one offline event as a wrap-up party for the teams and the community.

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