The Next Economy Accelerator, a 3-month accelerator for early stage businesses in Nigeria, has kicked off with a cohort of 10 high potential early stage businesses.
The program is aimed at growing businesses into profitable & sustainable enterprises to stimulate the creation of jobs in Nigeria.
In no particular order, the selected startups are described below.
- Nicademia: An edtech platform that produces local educational cartoons to make learning easy and fun for young Nigerians.
- Balogunmarket.ng: A chat-commerce platform that brings together small time retailers and kisoks owners in West Africa’s biggest arket to customers & consumers.
- Greenbles: An e-commerce platform that is focused on the sales & distribution of green goods directly from farmers to wholesalers and retailers.
- WhyHemCee Enterprises: A personal grocery shopper that helps you source for affordable, fresh and healthy food items and brings them to your doorstep.
- ProTeach: An Edtech platform that connects students to expert tutors within the Lagos metropolis.
- Autosave Roadside Assistance: A platform that provides 24-hour assistance like minor mechanical first aid and extricating & towing to motorists in and around Lagos.
- Oremicrafts: They create unique crafts and accessories from new, recycled and local materials.
- Cribpark: Nigeria’s first state-of-the-art e-commerce marketplace where home builders can purchase home construction items from vetted and trusted sellers.
- DeliveryBros: An on-demand delivery and retail fulfillment company optimizing intelligent and smart technology with its fleet of riders.
- Charme: A Beauty and Wellness on-demand service in Lagos that brings vetted beauty and wellness professionals to your doorstep.
These startups, who were selected from a total of 55 applications received, will be empowered with the knowledge, skills and tools needed for them to achieve growth and scale.
Through a 2-day bootcamp at the CcHUB – on #the6thfloor – the startups were introduced to the program’s objectives and the learning curriculum for the accelerator.
Also, a need assessment and thorough analysis of each of the startups was done using the Business Model Canvas & Swot analysis tool.
Throughout the duration of the program, the startups will be highly engaged – there’ll be weekly working sessions facilitated by seasoned experts where they’ll get valuable insights and customized growth hacking tips to rapidly scale their user base.
The program will end with a Demo Day, where each startup will pitch their businesses to the public, media and prospective investors.
You can follow the progress of the startups, and the accelerator as a whole, over the next 3 months with the hashtag #NextEconomy on Twitter.
Image Credit: FATE Foundation.