• Wednesday, May 08, 2024
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Ten Nigerian startups jostle for Seedstars’ $500,000 funding

Ten Nigerian startups will on Friday, 25 August, 2017 show why they should be selected to represent the country at a global contest for $500,000 in equity investment, as well as other prizes.

 

The local pitch contest is being brought to Lagos, Nigeria by Seedstars World which is also behind other contest taking place across the African continent, ahead of the global final.

 

The winning startup at the local level will earn the chance to pitch in Geneva, Switzerland next year.

 

The contesting startups include DropQue, an artificial intelligence based recruitment platform; education technology startup Edves; developer-finding platform eWorker; data collection GetJama and e-delivery firm Parcel-it.

 

Others are recycling-focused social marketplace irecycle; e-health startup; Safi.ng an on-demand dry cleaning service; fintech startup Wallet.ng and professional services network Wesabi.

 

According to Seedstars post, the ten startups were selected based on their perceived regional and global scalability as well as their date of incorporation being less than two years ago, evidence of a minimum viable product (MVP), and received funding amounting to less than US500,000.