Fashpa, a Nigerian luxury brand for African fashion and design has been selected to take part in the Dream Assembly Programme powered by Farfetch. Fashpa will join 10 other startups from across the world for the first cohort in Lisbon, on 7 September.
The 11 companies were selected from targeted applications from around the world. Farfetch’s Dream Assembly programme was launched in April to provide mentorship, knowledge, networking opportunities and early-stage funding to start-ups.
The 12-week programme will include a series of workshops, one-to-one sessions with Farfetch senior leaders, and mentorship meetings covering topics including e-commerce, marketing, technology, fashion, logistics and operations, giving the start-ups direct access to Farfetch’s expertise in the luxury fashion and technology industries.
⚡️ We're excited to have been selected to join #dreamassembly an accelerator by @farfetch supporting startups who are shaping the future of commerce! #fashpa #onlystartupfromafrica #woop https://t.co/s9e8gRxVRf
— Fashpa.com (@fashpaonline) September 4, 2018
Additionally, Dream Assembly will offer networking opportunities for the participating start-ups, connecting them to relevant contacts in the fashion industry. Global luxury brand Burberry will be contributing with knowledge and resources for the first Dream Assembly cohort.
In addition to sessions in the Portuguese cities of Lisbon and Porto, Seed Accelerator 500 Startups will be hosting a one-week growth Bootcamp in San Francisco. The programme also includes a demo day in London, where companies will have the chance to pitch their projects to a selected pool of external investors for follow-on funding.
The companies chosen for the programme are working with technologies including virtual reality and artificial intelligence and are exploring ways of applying these and other technologies to revolutionise the future of commerce.
Stephanie Phair, Chief Strategy Officer of Farfetch, said: “We were delighted by the response from so many incredible companies. The companies we have selected for the first Dream Assembly cohort all have great potential to present innovative solutions and are capable of shaping the future of commerce.”
Cipriano Sousa, Chief Technology Officer of Farfetch, commented that “It is a pleasure to be able to give back to start-ups and the fashion technology ecosystem, sharing knowledge and expertise, and helping promising companies to scale to the next level”.
Founded in 2013 by Oyindamola Ogundeyi, Fashpa seamlessly connects consumers to unique and sustainable merchandise from independent brands and boutiques through a single online storefront. Starting with Africa, Fashpa offers its sellers in emerging markets end-to-end technology to power e-commerce, a digital storefront, supply chain management and market access to clients from all over the globe.