ENTERPRISE54 – 440.ng, the seed investment fund formed by L5Lab and 88MPH has announced more mentors for its 2014 accelerator program.

Following on its success incubating startups like Jobberman and Cheki, L5Lab partnered with 88MPH to launch this program through which up to 10 startups will receive investment of between $20, 000 and $110, 000 and will also be admitted into a 3-month accelerator program where they will have the opportunity to be mentored by:

Obinnia Abajue – Executive Director, Stanbic IBTC; Michael Ajereh (Don Jazzy) – Founder/CEO, Mavin Records; Elo Umeh – CEO Twinpine/Terragon Group; Obinna Ekezie – Co-founder, Wakanow; Ayo Olashoju – Founder, Tavia Technologies; Francis Ebuehi – Vice President, Value-Added Services, Airtel Nigeria; Aisha Umar-Mumuni, General Manager, Products and Innovation, MTN Nigeria; Adia Sowho – Head, Digital Media at Etisalat Nigeria; Hannes Van Resburg – Founder, Fundamo (sold to VISA); Denis O’Brien – Managing Director, Vanso International and Bex Nwawudu – Managing Director, CBO Capital.

Chika Nwobi of L5Lab, said: “We are bringing domain experts from banking, telecommunications, transportation, music and other fields together to help guide entrepreneurs to success.”

Mentors previously announced includes: Mitchell Elegbe – Founding CEO of Interswitch, Simdul Shagaya – Founder/CEO of Konga, Jay Alabraba – Co-Founder of Paga, Rafael Afedor – Co-founder of Jumia, Afam Edozie – Venture Capitalist and Founding CMO of MTN Nigeria, Tomi Hudonu – Country Manager of Cheki Nigeria and Deji Adewunmi – CEO/Co-founder of Jobberman.

“With our strong set of mentors and network of VCs we hope to be able to help both early stage startups and also those who may have been going for a few years and now want to accelerate their growth through outside investment” said Kresten Buch of 88MPH.