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Grooming Endowment Trust announces N55m Startup Grant Winners

Victor Odeyemi by Victor Odeyemi
December 22, 2022
in Business, News
0
MSME News in Nigeria today

Grooming Endowment Trust (GET) announces N55m GETaccelerated Startup Grant Winners

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The Grooming Endowment Trust (GET) has announced the winners of its GETaccelerated startup grants.

The programme which also doubles as its flagship edition came to a successful close on Tuesday, December 13, 2022, at an award ceremony where the winners of the accelerator’s grants were announced.

The programme officially launched on October 5, 2022, and was organised in partnership with Kickoff Africa, the programme’s facilitators, to provide ₦55 million in equity-free funding to select early and idea stage startups.

Ten startups were selected after an intensive screening process, and they were given a pre-fund of ₦1 million and put two months of intensive training and mentorship from industry experts to help their businesses gain traction and grow. The participants have also been stimulated on market opportunities in a growing ecosystem.

The accelerator program participants are: Olumide Shode, Founder and CTO of Alarrt; Chimenem Nnwoka, Co-founder and CEO of Breeze; Egba Emmanuel, Co-founder and CEO of Contentionary; Daniel Balmun, Founder of Interna; and Lucy Chioma Aniagolu, Founder of Agrodemy.

Others include Praise Olaoluwa, Co-founder of Sharesell; Uche Ukonu, Founder of smallChops.ng; Stephen Oyebode, Co-founder of Meuve; Unique Oliver, founder of Spring Sound Music; and Amanda Madumere, Chief Product Officer (CPO) of Wadi.

Wadi, Contentionary, Mueve, Agrodemy and Smallchops.ng triumphed as the lucky winners of the grant.

Adaobi Okafor, the chairperson of GET, during her opening remarks appreciated everyone in attendance and congratulated the participants.

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