Fri. Nov 22nd, 2024

Nigerian Start-ups Jostle for #StartupSouth’s $30k Equity Pool

#StartupSouth

By Aduragbemi Omiyale

Start-ups in Nigeria have been given an opportunity to pitch for a pre-seed equity pool of $30,000 offered by an SSE Angel Network known as #StartupSouth.

The firm is organising a boot camp later in the year and it has opened applications for entries, which close on Thursday, September 30, 2021, a statement made available to Business Post read.

The StartupBootCamp by #StartupSouth is a two-week virtual acceleration programme aimed to identify early-stage start-ups within the South-South and South-East regions of the country with competent teams, high growth potential, signs of traction, and the ability to create jobs.

It was stated that the start-up teams while undergoing the training, will receive support to revalidate their business model, prepare for pitching and linkages with potential investors at a DealDay Session during #StartupSouth6 in Enugu.

According to the statement, the top five teams will slug it out for a share of up to $30,000 equity pool made available by SSE Angel Network.

“For the last 7 years, #StartupSouth has consistently pushed for a more democratized tech and innovation ecosystem where founders, especially within the South-East/South-South regions, can access funds and support, thereby giving investors more deals.

“We are excited to open the call for the StartupBootCamp by #StartupSouth,” one of the representatives of the firm, Owen Shedrack, was quoted as saying in the statement.

Interested teams have been advised to apply via https://bit.ly/ss6-pitch.

By Aduragbemi Omiyale

Aduragbemi Omiyale is a journalist with Business Post Nigeria, who has passion for news writing. In her leisure time, she loves to read.

Related Post

Leave a Reply