Startup News

Meet the Nigerian Start-ups in the final round of Daikin – Samurai Incubate Ideathon

Samurai Incubate Ideathon - cfamedia

Two Nigerian start-ups Ajobank and Siyon-Jay Premium Company have qualified alongside 7 other startups across Africa for the final round of the Daikin – Samurai Incubate Ideathon- Airtech Bootcamp Africa.

The event initiated by Samurai Incubate Africa Inc in conjunction with Daikin, a leading air – conditioning companies in the world, wants to extend their reach and find their nextThe winner of the Airtech Bootcamp Africa event will stand the chance to work on a project, fully covered and sponsored by Daikin.

According to Rena Yoneyama, Managing Partner, Samurai Incubate Africa Inc. “Over 160 African startups applied for the pitch event, out of which 9 finalists have been shortlisted after interviews and discussions.”

The winner of the Ideathon also stands a chance to receive USD 100K -150K in investment by Samurai Incubate Africa.

A piece of brief information on the qualified Nigerian Start-ups

AjoBank

AjoBank is a peer to peer (P2P) lending platform that gives middle income earners as, well as, low-income earners fast and easy access to collateral, and interest-free loans.

It helps merge individuals living in close proximity and provides a robust location-based bank, which helps you find people working or living close to you interested in Ajo.

Siyon-Jay premium company

Siyon-Jay premium company is gradually becoming Africa’s largest food brand network that is focused on helping innovative African food startups to find identity and expression.

It also creates an avenue through which Africa food startups can quickly grow their market share in the highly unstructured yet large markets in Africa.

The startup provides its portfolio food startups technical knowledge and advisory in areas of branding, quality control, regulatory compliance, training, business development, equipment sourcing, factory development, and packaging.

Siyon-Jay also helps its portfolio startups by paying them ahead to produce for the Siyon-Jay brand on an OEM/ODM basis which helps to quickly overcome the problem of cash flow.


Featured Image: enterpriseceo.ng


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