Entrepreneur First Joins Forces With Tezos For Web3 Startup Boost

Entrepreneur first joined forces with Tezos in order to boost the Web3 startups and to seek talented product developers into the ecosystem so let’s read more in our latest Tezos news.

Entrepreneur First is an international company focused on investing in technology companies and is now partnered with Tezos to launch a blockchain-focused platform and to attract potential founders to the Tezos Web3 ecosystem. The new platform dubbed Entrepreneur First Web3 is designed to attract more blockchain innovators and DeFi app creators into the Tezos ecosystem and this way they will be able to share ideas with the community, make different collaborations, apply for grants and investments and fund the projects.

The platform will select plenty of ambitious and talented Web3 developers and will integrate them into the Tezos Web3 ecosystem which will provide them with technical training and guidance by experts from the community as well as support with finances to develop applications. The founders will have access to the EF network of mentors as well as investors. The company said that the participants will have until the end of 2022 to send their applications and will select two teams of 40-50 founders that will take part in the six-month program in London. They will also look for a co-founder that develops promising projects and will request more grants to fund them after six months.

Entrepreneur First is based in London and it is an investment company that supports technology startups with more than 3000 alumni globally as it worked with notable companies such as Propine Capital, Merkle Science, and Magic Pony Technology. The EF CEO Matt Clifford said:

“Entrepreneur First was created to give founders a platform and community to find their co-founder, develop ideas and get customer traction, fast. This platform is ideal for founders who already have a clear conviction to build for a decentralized future, and want to do it as part of a tight-knit community of potential co-founders and collaborators.”

The XTZ token saw a small increase of 1% after the announcement and XTZ is now trading at almost $6 with a market cap above $5 billion. Despite the sluggish price action for the token, Tezos continued seeking new partnerships and integrations with the platform as we saw the F1 team McLaren joining the NFT craze by launching a collection on the Tezos platform.