The startups, seven in number, were selected based on criteria such as passion, stick-to-it-iveness (or tenacity), market viability, and capacity to execute. They are described below.
- DriversNG, a chauffeur hire platform.
- Jalo, a hybrid technology and logistics solution.
- Lizzies Creations, an app development startup (best known for AfroTalez, an educative and interactive storytelling app for children).
- Mobile Forms Africa, a mobile data collection solution for field workers.
- Payconnect, an online lending platform.
- ProTeach, a startup offering professional home tutoring services.
- Wesabi, a online marketplace to outsource tasks, find local services or complete flexible jobs to earn cash.
The startups will receive a unique mix of workspace, business strategy and capacity building, short term residency and seed funding.
This mix will provide the startups the tools needed to survive, grow and thrive ultimately.
In addition to programs and a rigorous curriculum, seed funding will be provided to startups that show promise.
The inaugural incubation program will run for 16 weeks at the Ventures Park, home of Venture Platform, in Abuja.
Launched in June, 2016, Ventures Platform hopes to become the most ideal community in Africa for nurturing disruptive and financially sustainable technology ventures that also have a social impact.