On November 21, 2024, SuiHub announced the launch of its Global Accelerator Program, a 12-week initiative designed to support sustainable Web3 businesses building on the Sui blockchain. In partnership with Brinc, CoinList, Ghaf Group, and the Sui Foundation, the program offers strategic funding, technical guidance, and networking opportunities to startups and developers.

Selected participants will receive up to $200,000 in milestone-based funding per team, along with direct access to the Sui Solutions Engineering team for technical support and co-building of their products. Additionally, teams will gain exposure to a global audience of over 10 million early adopters through partners' marketing channels and receive expert advisory on token design, distribution mechanisms, and listing strategies.

The program targets innovative teams that are pre-token launch and have a Minimum Viable Product (MVP) aligning with the Sui blockchain's capabilities and real-world applicability. Applications for the SuiHub Accelerator Program are open until January 10, 2025, with the program commencing in February 2025.

Kristof Lukovich, CEO of SuiHub, stated, "The SuiHub Accelerator Program represents our commitment to nurturing the next generation of compelling applications on the Sui blockchain." Scott Keto, President of CoinList, expressed confidence that the accelerator will play a critical role in growing the Sui network by fostering a culture of innovation and collaboration.

This initiative underscores SuiHub's dedication to empowering founders building real-world applications and actively contributing to Sui’s mission of onboarding the next billion users to Web3. By providing unparalleled access to resources, mentorship, and support, the accelerator aims to drive groundbreaking solutions that leverage Sui’s uniquely capable platform.