One of the first incubators Ethereum Classic Labs announced its accelerator program via a blog post on July 28. Basically, this platform supports innovative projects on the Ethereum Classic Blockchain.

This program is for funding and educating blockchain firms and communities that are creating products and services on the Ethereum Classic blockchain. The main aim of the accelerate program is to promote the development of products based on the Ethereum Classic network.

The platform claim that the duration of each Accelerate program amounts to a total of three months. The program will be focusing on both hard and soft skills. It includes technical guidance from the ETC Labs Core team, pitch polishing for both sales and investment, leadership skills, market research, user research, and business development.

As per the blog post, the first Cohort of Ethereum Classic Labs Accelerate occurred during Q1 2019. The second Cohort will be announced in Q3. The Firm also pointed out that Accelerate targets 2 cohorts per year, with each having a different focus and theme.

Previously, the main objective of the first cohort was on infrastructure and tools to build Dapps. The First Cohort was a great success in the funding, mentorship, and development to advance the utilization, development, and adoption of Ethereum Classic.

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