The Startup North-East Virtual Incubation Program 2020 for Early-stage Nigerian Startups ($3000 Equity-free Funding)

The Startup North-East Virtual Incubation Program seeks to identify and support innovative and technology-focused startups whose activities can create solutions to the problems in northeast Nigeria, and especially address gaps in areas of aid distribution and data management. Successful participants will be supported to deploy their applications to increase the availability of solutions that will support community, government, and donor initiatives in rebuilding the region.

Eligibility

In order to qualify for this funding, The following criteria have to be met:

  • You must be operating in Nigeria
  • The startup is in idea-stage or early-stage
  • Can demonstrate the potential for future scale
  • The solution must be solving problem around the key area of interest
  • Startups should have a well-rounded, complementary team i.e. in-house capacity for product vision (what to build), technology (how to build it), and business (how to make money from it)
  • Founders should have some unique insight or compelling worldview deep domain expertise and/or a strong grasp of the landscape an eye for detail tenacity, high conscientiousness, and a bias towards execution
  • Solution should leverage technology

Benefits

Grant

Business equity-free funding up to $3,000 each for 6 startups

Business Advisory

Get access to a pool of mentors and business experts

Partnerships

Access to network of partners

Key areas of interest for your solution

Applications should focus on the following areas:

Poor Data Management

This blindsides the aid organisations from knowing the actual gaps in the north east, which mitigates the efforts of aid distribution and hampers accountability in the region.

Misappropriation of relief materials and funds

Local leaders sometimes divert and sell these relief materials, are nepotistic and bring only their family members to benefit from the aid provided by development organizations.

Lack of insight

Non-consultation with local communities to determine actual need

Insecurity

Fewer organizations are willing to move outside the capital cities of the Northeastern states, to deliver aid to other areas. This poses a challenge for many organizations to find implementing partners and delivering programs outside of the city

Unqualified personnel

The lack of trained personnel in handling aid distribution

Extortion

Sex for cash, food items and non-food items with vulnerable women and girls in the IDP camps

Poor coordination and lack of good communication

There is poor coordination and lack of good communication among disaster management stakeholders

Poor data collection

Poor identification of households that require these relief services

Mishandling of equipment

Physical cards provided to IDPs for identification, sometimes get missing or is reprinted so many times to enable them collect the relief materials multiple times

How to Apply

If you are interested in applying for this opportunity, kindly follow the link below to apply

Click here to submit your application for the Startup North-East Virtual Incubation Program 2020

Application Deadline: December 2nd 2020

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