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About the programme
We are looking for disruptive businesses targeting the African Market, with worldwide potential that can make a great economic and social impact.
Key Features of Itanna:
- 4-month Programme in a collaborative community working space
- $25,000 (or Naira Equivalent) investment from Honeywell Group to all participants
- Introductions to and guidance from Honeywell Group key decision makers
- Hands-on advice and training from experts
- Mentoring from leading entrepreneurs and industry experts
- The opportunity to pitch your business to Honeywell Group’s network of investors
The Factory is located in a secret location in Lagos, Nigeria. We have developed a really cool office space.
We are invested in your business. It is in our interest that your business succeeds and as investors we will help you make sure it happens.
Real investors that have a track record of investing in Africa or in tech companies.
These investors will be selected by the Honeywell Group.
Startup teams are required to be physically present during the Programme. That is the best way to take advantage of the learning opportunities, coaching and networking that will be provided.
We have made provisions for working spaces for approximately 4 team members per startup but are willing to accommodate bigger teams should here be special circumstances to consider.
Can I apply if our company or founders are not from Nigeria? Can you help with immigration issues and accommodation?
Absolutely. We are looking for applications across Africa. We will help with the immigration process and help you find appropriate accommodation.
These top companies are chosen by a Selection Committee, which is composed of members of the Honeywell Group and external experts.
These companies will be the ones that we believe are most likely to succeed and are ready to scale.
Applications for this year’s programme are currently closed. However we are always happy to hear from future applicants. So get in touch.
Please get in touch and send an email to firstname.lastname@example.org
We are also looking for startups who need to raise larger amounts of capital.
Yes, you do. However, we will also consider applications that don’t have one, provided the scope to revolutionise Africa is great.
You would need to submit either a video or a pitch deck detailing your product, the problem you are solving, the potential to revolutionise Africa and your team.
We will help you develop a business plan during the programme.
Yes. We encourage startups to apply for subsequent cohorts even if they were rejected before.
About Honeywell Group
Founded by Dr. Oba Otudeko, CFR in 1972, Honeywell Group is a leading Nigerian corporate with businesses across major sectors of the Nigerian economy: foods, real estate, infrastructure, energy and services.
Itanna is funded by the Honeywell Group and forms a core component of its innovation strategy.
The Honeywell Group is committed to funding and supporting entrepreneurs and startups. The Honeywell Group will also provide mentorship from business leaders and entrepreneurs to help you develop your business model.
Honeywell Group will leverage on its local and international network and portfolio businesses to help you scale up, deploy your products and gain access to partners and customers.
No. Some will but the majority will be entrepreneurs, professionals in the financial industry and other experts.
Don’t tell anyone, but we are looking for the next African unicorn.
Is a participating company's product or service guaranteed to be used or distributed by the Honeywell Group?
No, there are no guarantees. It’s entirely at the Honeywell Group’s discretion as to whether or not it enters into any commercial arrangement with a participating company after the programme.