BNB Chain Announces Finalists of MVB Incubation Program Co-led by Binance Labs

BNB Chain recently announced the 27 finalists of the Most Valuable Builder (MVB) Incubation Program, which is an accelerator program that’s co-led by Binance Labs to offer mentorship and funding “to emerging projects built on top of the BNB Chain.”

The MVB Incubation Program aims “to give rise to innovative stability, and help projects under the BNB Chain reach their full potential through structured support.”

Utilizing the partnership with the dedicated team of MVB advisors and the BNB Chain tech community, Binance Labs “helps identify the most high-quality projects and offers them holistic investment support.”

With over 650 applications, the latest iteration of the MVB Incubation Program is reportedly “the most hotly contested one to date.” The 27 selected projects cover “a broad range of sectors, including DeFi, SocialFi, NFT, GameFi, infrastructure, and tooling.”

Since February 2021, the MVB Incubation Program has “completed four seasons and overseen more than 2,000 applicants.” Past MVB projects have “included PancakeSwap, Tranchess, WOO Network, Project Galaxy, and more.”

The program “offers incubated projects funding opportunities, hands-on workshops with industry veterans, networking sessions with market leaders, and a direct connection with both the BNB Chain and Binance Labs teams.”

The bi-weekly master classes “span diverse topics, ranging from scaling infrastructure to Web3 data tooling to product development.” Selected projects will be “invited to showcase their progress on an investment-focused demo day with venture capitalists and Binance Labs’ limited partners.”

With this announcement, the MVB Incubation Program “has officially kicked off and will last until mid-September.” The finalists will “attend intensive coaching sessions and workshops over the next eight weeks while tapping into ecosystem support to build and grow their respective projects.”

Tyler Z from the Binance Labs Investment Team commented:

“We’re excited for the official launch of the latest MVB Incubation Program. All of our finalists are on track to drive innovation and progress within the BNB Chain and the wider crypto ecosystem. We hope to create unique value for the project founders through this partnership with the BNB Chain team, and look forward to witnessing these projects grow further in the coming weeks during the MVB program.”

In the meantime, Binance Labs is “fielding applications for Season 5 of its Incubation Program.”

Check here for more details.

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