Last Saturday, there was a pitch contest at the Venture Park in Abuja, Nigeria. A contest that brought together startups that think they have the next disruptive solutions to the socio-economic challenges facing Nigerians.
Totaling 14 in number, the startups pitched their demo before a panel of judges that included Jennifer Chizua, Kola Aina, and Osita Orji Nwoye. Ten startups that impressed the judges were selected to proceed to the next level of the competition, where they were further sieved down to just three startups. The three startups that impressed the judges are:
Cash Madam: A mobile app that helps SMEs automate their business processes and thus increasing their profit and rate of growth.
Mobile Forms: This app turns businesses’ paper works into digital forms (also mobile forms). Making businesses go paperless.
PayConnect: Wants to relieve a headache faced by startups looking for small loans and don’t have collateral as security for traditional money lending institutions. They give short term loans without asking for collateral.
The above three startups will further undergo another round of sieving where the best among them will be chosen to represent Nigeria at the Slush Global Impact Accelerator. This competition will take place in Helsinki, Finland from November 22nd – December 2nd, 2016.
About Slush GIA
This contest began in 2015 and is seeking to support startups with innovative solutions addressing socio-economic challenges in the world. The solutions under consideration must be scalable and sustainable. Slush GIA was created by the Ministry of Foreign Affairs of Finland in partnership with other global stakeholders.