• Sunday, November 24, 2024
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GEN Nigeria unveils entrepreneurs’ network platform for startup businesses

Only 15% of Nigerian startups make above N250m annually — Report

Global Entrepreneurship Network Nigeria and Bluerock Accelerate recently unveiled Entrepreneurship platform for startup businesses and entrepreneurs to network and explore opportunities for business expansion.

The event provided a platform for entrepreneurs to connect, share ideas, and seek potential collaborations, fostering an environment conducive to innovation and growth.

The inaugural entrepreneurs lounge which also featured Nigeria national finals of Entrepreneurship World Cup saw some start ups emerging winners.

The keynote speaker, Patricia Ojora, Founder/CEO of Promoprint Ventures Ltd, inspired the guests by sharing her experiences and encouraging them in their entrepreneurial journeys.

Finalists in the EWC Nigeria National Finals included: Vet Konect from Makurdi, a digital animal health company leveraging technology to enable access to animal care and social protection for livestock farmers and pet owners across Africa, regardless of their location, through their mobile devices.

EarlyBean from Lagos, a startup that helps kids and teens learn smart money skills through hands-on money management, interactive courses, quizzes, and games, while providing parents/guardians with tools to guide and monitor their children’s financial journey.

Medplan from Benin City, a startup dedicated to improving healthcare delivery for both individuals and healthcare providers by leveraging the power of technology to help healthcare providers deliver better care and improve outcomes.

Mebic Organic from Abeokuta, a startup that provides chemical-free foods and spices for both households and industrial purposes, using an eco-friendly process to ensure maximum nourishment.

Vet Konect, EarlyBean, Medplan, and Mebic Organic advance to the “EWC 250” – the next round of the global competition against applicants from 200 countries. All founders advancing to the next round will participate in a Bootcamp featuring virtual training and mentoring sessions targeted to their company’s current stage and growth trajectory. This is a key step to qualify for the EWC Global Finals.

According to the Managing Director, GEN Nigeria Olawale Anifowose, in a statement , “The top 100 finalists globally will advance to pitch live for a share of $ 1 million in cash prizes at the EWC Global Finals held in Riyadh, Saudi Arabia, in Fall 2024. Global finalists also gain automatic entry into the GEN Starters Club, an invitation-only community of talented founders from around the world.”

Judges for the national competition were: Adeoye Ojuroye – Executive Director & CFO, Providus Bank, Adetokunbo Ajetunmobi – Managing Director, Capival Investment, Patricia Ojora – Founder/CEO, Promoprint Ventures Ltd, and Bayo Rotimi – MD/CEO, Quest Advisory Services Limited,

The EWC Nigeria National Finals were organized by GEN Nigeria in partnership with the Enterprise Development Centre of Pan-Atlantic University and sponsored by Providus Bank.

Since launching in 2019, the Entrepreneurship World Cup has attracted 430,000 registrations from 200 countries and connected founders with over USD 4 million in cash prizes and another USD 266 million worth of free support and services. The Entrepreneurship World Cup is hosted globally by the Global Entrepreneurship Network and Monsha’at.

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