Currently, the world is battling with Coronavirus also known as Covid-19. Recently Ventures platform announced its intention to support startups with innovative ideas that could help bring an end to the pandemic in its Covid-19 Innovation Challenge.
In addition, over 1000 startups applied for the covid-19 innovation challenge by ventures platform that could help reduce and stop the spread of coronavirus in the country.
The projects proffered solution in areas including heat mapping, preventative or information bots, solutions to assist with lifestyle adjustments, and COVID-19 reporting.
After the deadline which was on March 23, 33 of the submitted applications were shortlisted for the next phase which included submission of a video pitch before 6PM WAT on the 25th of March.
From the 33 startups, 6 were supposed to make the final cut. However, based on the feasibility and relevance of the pitches received, 7 projects and ideas were selected for funding, mentorship, rapid development and deployment.
Below are the 7 selected startups…
The selected startups include Wellvis Health, which offers solutions that promote primary care; Prunedge, which develops innovative solutions to improve the efficiency of processes; Infodemics, which uses existing social hierarchies in a community to efficiently and effectively communicate health risks; and Wellahealth, a digital triage bot.
Completing the cohort are MyServiceAgent, an AI-powered intelligent IVR system; Innover Technologies, which has developed a project named COVID-19 Nigeria; and CmapIT Analytics, a GIS and data visualisation software that helps to analyse geospatial data and visualise it.
Each selected startup will receive a US$2,000 equity-free grant and the opportunity to access further funding, as well as access to virtual workspace and mentorship. They will take part in a five-day virtual bootcamp to help them finalise solutions and launch, while each startup will have access to three mentors. At the end of the programme the startups will present their solutions to the public.
Faqontech and its contents are protected by COPYRIGHT LAW (DMCA) with high-priority response rate. Reproduction without permission or due credit link back will cause your article(s) to be removed from search engines and disappearance of Ads on that page if monetized with Adsense.
NOTE that Your Adverts can be placed here on Faqontech either Banner, Link or Text ADS We got you covered, We have different advert space waiting for you. Want to know more about our advert placement click HERE