The Delegation of German Industry and Commerce (AHK Nigeria), in collaboration with the Tech Entrepreneurship Initiative Make-IT in Africa (GIZ), invited Nigerian startup founders to a 7-day guided tour to Germany to get a grasp of current developments in the market and most importantly: match their startup with companies, partners and investors. A selected group of brave, enthusiastic and like-minded entrepreneurs from all over the world will have the opportunity to explore some of Germany’s most promising hotspots, connect to peers and talents.
In July 2019, an announcement for a pitch competition for Nigerian startups was announced. The competition was solely for startups involved in Healthcare, Internet of Things, InsurTech, Logistics and Mobility and Smart City to win a free exposure trip to Germany to discover the diverse opportunities Europe’s biggest economy has to offer.
The pitch competition was held for the Conference which is tagged 2019 Start.up! Germany -NRW exposure trip. Out of a number of applications received, 9 startup founders passed the application stage and were invited to pitch their ideas to a panel of judges and investors. Of the 9, 3 emerged winners of the competition and will go on to tour Germany for 7-days while learning recent developments in one of Europe’s largest economy.
The winners are Dayo Olujekun of StaffBus, Ruth Iselema of Bitmama and Adebowale Banjo of My Autogenius.
Staffbus.ng is a mobile pre-booking bus service for the daily commute for office workers across Africa. It is an upgrade from the popular car-hailing services in Nigeria to a bus-pooling service. It comes with an improvement of a daily, weekly or monthly subscription.
Bitmama was created by Ruth Iselema in February 2018. It is a Fintech company that allows people to trade by converting their local currency to cryptocurrency. Users can create their own wallets and start buying and selling digital currencies while connecting it with their bank accounts, credit or debit cards and mobile money accounts. It offers institutions and professionals the ability to trade other digital currencies such as Bitcoin and Ethereum.
My Autogenius is Nigeria’s first online and mobile insurer. It is a product-driven Digital Insurance Platform offering full coverage to customers while partnering with the best Insurance Companies in Nigeria to provide quick and convenient insurance policies for Nigerians. Insurance has never been this easy. It was founded in 2014.
These three startup founders will represent Nigeria in the 2019 Start.up! Germany-NRW exposure trip Conference which will take place at two different states within the country and at different dates with different verticals involved.
Details of the Conference
Location: Munich
Date: 25. September 2019 – 2. October 2019
Verticals: Internet of Things and Healthcare
Location: North Rhine-Westphalia (NRW) – Dusseldorf, Cologne and Ruhr
Date: 27. October 2019 – 31. October 2019
Verticals: InsurTech, Smart City, Logistics & Mobility
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Source:
Delegation of German Industry and Commerce in Nigeria
VC4A
Featured Image Source: Picbear
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