Are you a startup in Nigeria? Prepare to pitch at the 2017 Seedstars World

Seedstars World, a global seed-stage startup competition for emerging markets and fast-growing startup scenes, will hold a pitch for Nigerian startups on Friday, August 25th in Lagos.

The competition, which enjoys the support of companies such as Orange, Merck, Enel and the local host Seedspace, will feature 10 startups. The winner is expected to represent Nigeria at the annual Seedstars Summit holding in Switzerland next year, where it will also have a chance to compete for up to USD 500 000 in equity funding.

Kangpe, an online professional health service, co-founded by Femi Kuti, Ope Olumekun  and Matthew Mayaki emerged winner in the 2016 edition of Seedstars Lagos.

Startups interested in the pitch must:

– Not be less than 2 years old

– Have raised less than $500,000 in funding

– Have built a MVP and gained traction

A release from the organizers further stated Seedstars World has partnered with the Merck Accelerator on a regional level, in order to support seed-stage companies with a focus on the fields of healthcare, life science and performance materials. The most promising HealthTech startups will receive office space in the Merck Innovation Center in Kenya or Germany, mentoring and coaching on a regular basis and financial support of up to €50,000.

Moreover, the global startup competition is working very closely with Enel Green Power to source the most innovative business models in the energy sectors and ones that are fostering socio-economic development in rural villages in Africa. Up to 5 best startups in this sector will be invited for an exclusive RES4Africa networking event taking place later this November in Nairobi and compete for an Africa Energy Prize which consists of a financial contribution and a three-month acceleration programme for a total value of up to $50,000.

Startups interested in the pitch for Seedstars Lagos can apply here.

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Deji Aroloye91 Posts

    a graduate of Linguistics and a staff writer at Outrepreneurs, Deji's forte includes tech, startups and innovations. Years back, Deji wrote on Entertainment and Lifestyle for a tabloid. If he wasn't a writer, Deji would be a photographer or teacher.


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