Posted: 2020-08-03 9:50:12

Facebook launches commerce and connectivity-focused accelerator programs

"But the company is not offering monetary benefits to startups — something it has in some of its previous accelerator programs"

From Manish Singh at eCommerce – TechCrunch
Originally published 2020-08-03
Facebook launched two 12-week accelerator programs for startups on Monday as the social juggernaut looks for new ideas and solutions to expand its commerce and connectivity efforts. Facebook’s Commerce Accelerator will select 60 startups from the EMEA and LATAM regions for the program
The other accelerator program, called Connectivity, will feature 30 startups from the LATAM and North America (Americas) regions. These startups will be tasked with developing affordable connectivity solutions that make internet access available in more places and to at least 100,000 additional people.
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