Seedstars, the international early-stage startup competition, has revealed the list of ten startups that will be pitching during its Nigerian leg of the competition in Lagos. The ten will go head-to-head for a chance to advance to the global final stage of the competition and stand a chance to take home up to $1 million in equity funding.
The competition has already picked the early-stage startups in other African countries including Kenya, DR Congo, Ghana, Rwanda, Uganda, Egypt, Zimbabwe, Morocco, Tunisia, Guinea Bissau, Angola, and Senegal. The Nigeria leg of the competition will be on October 19 at the Seedspace Lagos.
All regional winners will represent their respective countries at the Seedstars Regional Africa Summit where the winner will get an all-paid trip to Switzerland to participate in the Seedstars Summit slated for April 2019. Other than the $1 million equity investment for the overall winner, other winners will also have a variety of prizes to win.
The Seetstars Lagos finalists:
|Aspire Power Solutions||An energy startup|
|Beat Drone||An agri-drones company|
|Biyabot||A chat-based payment platform|
|Bridgebooks||A business finance solution|
|Chekkit||A blockchain-powered anti-counterfeiting startup|
|DropQue||A video interviewing platform|
|Insight Africa||An ed-tech startup|
|Natterbase||A software development startup|
|NextCouncel||A legal-tech platform|
|Termii||A marketing startup|
The above ten startups will go at it against each other in front of a jury that will include the following prominent personalities, seasoned entrepreneurs, and serial investors:
Ifeyinwa Ugochukwu – Tony Elumelu Foundation director of Partnerships and Evaluation
Chike Asiodu – Managing Director of TextNigeria
Ahmed Umar – Chief Operating Officer (COO) at Wennovation Hub
Alessia Balducci, the general manager of Seedspace Lagos, said: “Seedstars World is a platform that connects investors and stakeholders with the next generation of entrepreneurs. Since this will be our sixth time organizing the vent at Lagos, the stakes are high and we are very excited.
We’ve been in this ecosystem for more than six years now and know there are companies in Nigeria developing high-quality products. We are looking for the best and will take it with us to Switzerland in 2019.”