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Publiseer Close to Winning $1m Investment Prize

By Modupe Gbadeyanka

On Saturday, February 9, 2019, popular digital publishing platform, Publiseer, emerged winner of the Startup World Cup Nigeria Regional Competition.

The keenly contested event took place at the Civic Hive in Lagos, but Publiseer beat nine other startup firms for the title.

With this, Publiseer will join other regional winners from various countries, including Mauritius, South Africa, and Kenya, at the grand finale of the Startup World Cup slated for May 17, 2019 in San Francisco, USA.

Winner of the competition, organised by a San-Francisco based venture capital firm, Fenox VC, will receive a $1 million investment prize.

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Amongst the 10 startups that pitched at the Nigeria regional final were Natterbase, Edupoint, WellNewMe, Sabi.ai, Spleet, Afara Partners and FarmFunded.

The winner of the Nigeria Regional Competition was determined by a panel of judges that included Olusola Amusan, Founder at Coven Works, Emmanuel Adegboye, Entrepreneurship Center Manager at Andela, Brian Odhiambo, Associate Director at Novastar Ventures, and Dayo Koleowo, Principal Investment Officer at Microtraction.

The South African and Mauritian finals were held in September and November respectively, while the Kenyan final will be held in March.

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The winner was determined from the size of market opportunity if the product solves the problem for their target customer, traction, clear revenue model, strong distribution plan, team, and capital efficiency.

Other startups that participated at the regional competition were Natterbase, EduPoint, WellNewMe, Sabi, SPLEET, Loystar, Social Lender, Afara Partners, and FarmFunded. “We are humbled to emerge the winner of the Regional competition, and we are excited to represent Nigeria at the grand finale in May.

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“Every startup that competed are amazing and are making great impacts and giant strides in their various fields, and that’s why we’re humbled to come on top as the winner,” says Chidi Nwaogu, Co-founder and CEO of Publiseer, who was recently shortlisted for the Yunus&Youth Global Fellowship Program for Social Entrepreneurs Class of 2019.

Publiseer is a digital publisher that helps African writers and musicians from low-income communities to distribute and monetize their creative works across over 400 digital stores in 100 countries, with just a single click, and at no charge.

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Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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