BNB Chain's Web3 European Innovation Incubator is open for applications.

Looking at the latest post from the BNB team, they are trying to encourage growth and development the same as most other top blockchains.

BNB Chain is launching the European Innovation Incubator, a three-week virtual program designed for innovative Web3 startups across Europe to build and scale dApps, driving towards a decentralized future.

Their goal is to provide the tools and support for people and teams in Europe looking to build projects and to make them sustainable in the long term.

THis infographic lays out their intended timeline and while not everybody will be interested in building onto BNB it could also be a great opportunity to create a successful cross chain app.

Application details can be found in their blog post here, with benefits listed including.

The winners will have the opportunity to win up to $50,000 in prizes as well as other ecosystem support such as complementary security auditing and token economics consultation from BNB Chain community and its partners. Winners also have the opportunity to get a one-month 100% gas fee incentive, and a strong referral to BNB Chain's Most Valuable Builder (MVB), a long-running global accelerator program designed to support builders.

Interested teams have until the 23rd of October to register their project and try to get involved. As a top 5 blockchain, binance smart chain is a popular option for builders with a lot of resources and visibility.

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