NSIA launches innovation prize for startups

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The Nigeria Sovereign Investment Authority (NSIA) has selected some startups for its Accelerator stage to boost innovation in Nigeria.

The Nigeria Sovereign Investment Authority has selected some startups for its Accelerator stage to boost innovation in Nigeria.

It added: “Out of these, and following the additional screening, the following start-ups from multiple sectors have been shortlisted to proceed to the physical boot camp. They include Magic Carpet, Materials Pro, Jump n Pass, Awacash, VPay, Betalife, Centio Healthcare, Yalo, Pocket Lawyers, Doktorconnect and Trashcoin. Others are One Health, Redease, VPD, Kunda Kids, Agroxchange Technology, Sycamore, Passcoder, Earlybean, Powerfull, Adashe, Cash Africa, TownHall, Sakula, Pave, Tribapay.

“The week-long physical bootcamp will culminate in a mini demo day where the start-ups will pitch their solutions before a panel of judges drawn from the technology and business ecosystem, for a chance to proceed to the Demo Day and vie for a total combined prize value of $220,000 with an all-expense paid five-week training at Draper University, Silicon Valley, USA,” it added.

Aminu Umar-Sadiq added that the NSIA Prize for Innovation is the Authority’s multi-year commitment to identify and nurture early-stage businesses with potential for transformative impact in Nigeria.

 

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