Seven startups have been selected by Nigeria’s Ventures Platform and the Lagos State Science and Research and Innovation Council (Lasric) to take part in the #Covid19InnovationChallenge, to develop solutions to mitigate the spread of the virus in Nigeria.
Ventures Platform opened applications earlier this month for the challenge — to find, support, fund and grow products and services that could potentially help millions of Africans through the pandemic.
In a statement on Friday (27 March), Ventures Platform and Lasric said the seven were chosen from over 500 applicants that submitted applications over six days.
Seven startups will each receive a $2ke quity-free grant and mentorship through Venture Platform and Lasric’s #Covid19 InnovationChallenge
Those selected will each receive a $2000 equity-free grant and opportunity for further funding, as well as access to virtual workspace and mentorship from some of Africa’s top healthcare, business and technology leaders to help scale their company.
Currently pitching: COVIDTrace leverages Bluetooth technology to access and track contacts to speed up the contact-tracing process. pic.twitter.com/PRvaCWhQRZ
— Ventures Platform Hub (@vplatformhub) March 26, 2020
The seven will now be enrolled on a five-day bootcamp, intended to help the selected founders and Click here to read entire article
Source:: Venture Burn