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On October 26, Solana Labs introduced a completely new incubator program for developing projects on the Solana blockchain. The program, called the Solana Incubator, will offer fundraising, development, networking and marketing support for web and blockchain projects looking to build on the Solana platform.

The Solana Incubator will accept applications until November 30th. Accepted applications will receive support from the Solana Labs team and its partners during the development, marketing and launch stages of their projects. The program will provide teams with access to leading venture capitalists in the Solana Labs network to help these startups increase their liquidity.

Emon MOTAMEDI, product manager at Solana Labs, said:

“Our priority with the Incubator program is to remove the biggest obstacles currently facing founders, including barriers around Web3 integrations and fundraising, so that these teams can spend their time on what they do best: solving the burning problems of their users. By providing founders with the resources they need to succeed, we hope to not only bring more sustainable businesses to the Solana ecosystem, but to also help grow the Web3 industry as a whole.”

Image: The Block

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