Entrepreneur First
Entrepreneur First, as the startup factory is known, has already caught the attention of Twitter after Magic Pony Technologies, which was built at Entrepreneur First, was $4 for $150 million (£114 million) in June.
Now, Facebook has been named as the host of Entrepreneur First's next demo day - another indicator of interest in the startup incubator by a Silicon Valley giant.
The demo day, which will take place at the social media giant's
Previous Entrepreneur First demo days have been held at Entrepreneur First's incubator space - a former biscuit factory in Bermondsey, South London - and tech conference space CodeNode.
Founded by Clifford and Alice Bentinck in 2011, Entrepreneur First provides deeply technical people with £17,000 in pre-seed funding so they can build a technology startup. In return, it takes an 8% equity stake in the company that is created.
The 75 startups that have previously graduated from the programme have been backed by the likes of Index Ventures and Y Combinator. Collectively, these startups are now worth more than $500 million (£385 million), according to $4.
Business Insider contacted Facebook to see if it plans to invest in any of the startups but did not immediately hear back.