The Nigeria Sovereign Investment Authority (NSIA) has announced the start-ups advancing to the second stage of the Accelerator Phase of the NSIA Prize for Innovation (NPI 2.0).
These innovative start-ups have demonstrated exceptional potential and will now participate in a week-long physical boot camp. This intensive program will provide them with the necessary tools and mentorship to refine their solutions and business strategies. The boot camp will culminate in a showcase event, during which the start-ups will pitch their solutions before a distinguished panel of judges from the technology and business ecosystem.
Subsequently, the start-ups will undergo further shortlisting, with the top 10 advancing to compete on Demo Day. During this event, these finalists will vie for a total combined prize value of US$220,000 and an all-expense-paid five-week training at Draper University in Silicon Valley, USA.
Moreover, this opportunity not only offers significant financial support but also invaluable exposure and learning experiences in one of the world’s most renowned innovation hubs.
The NSIA remains steadfast in its commitment to catalyzing the domestic technology ecosystem and positioning Nigerian innovators for global relevance. By supporting these start-ups, NSIA aims to foster a vibrant tech community that can drive economic growth and technological advancement in Nigeria.
The NSIA Prize for Innovation (NPI 2.0) underscores NSIA’s dedication to nurturing the next generation of Nigerian tech leaders. Through initiatives like this, NSIA continues to play a pivotal role in developing a robust and dynamic technology landscape in Nigeria, ensuring that local innovators have the resources and opportunities they need to succeed on the global stage.
In a statement by NSIA, “We eagerly anticipate the remarkable solutions these start-ups will present and are confident that they will make significant contributions to the tech industry, both locally and internationally. Moreover, the journey ahead is challenging; however, these start-ups are well-positioned to achieve extraordinary success with the support of NSIA and the broader tech community.”
The list of selected startups includes:
| NSIA Cohort 2 | NSIA Cohort 2 |
|---|---|
| Magic Carpet | One Health |
| Materials Pro | Redease |
| Jump n Pass | VPD |
| Awacash | Kunda Kids |
| VPay | Agroxchange Technology |
| Betalife | Sycamore |
| Centio Healthcare | Passcoder |
| Yalo | Earlybean |
| Pocket Lawyers | Powerfull |
| Doktorconnect | Adashe |
| Trashcoin | Cash Africa |
| Sakula | TownHall |
