On January 30, 2018, the Co-Creation Hub Nigeria (CcHUB) opened the call for applications for their revamped incubation program. The search was for committed and ambitious teams with technology solutions that have gained some traction, are generating revenue, address a clear need/want, and have the potential to scale.
They received over 500 applications from across the continent. On the 17th of April, Nigeria’s Vice President, Prof. Yemi Osinbajo announced the companies selected into their incubation program. Over the next 12 months, they will be working with each company. Using their resources to help the companies gain significant traction, access funding, and guide them on the path to building a sustainable business.
The latest additions to their incubation program are:
A cloud-based service that gives its clients access to an array of tools for customer experience Management which includes: visitor management, queue/service management, customer survey management, and a biometric solution for staff attendance, thereby eliminating the use of pen and paper, and making it possible to analyze data in real-time and over a long period of time.
A mapping, GIS, and data management company that provides clients with the information they need to build new assets or extend the lifespan and usefulness of existing ones. The company uses drones, satellites, cloud computing, and analytics for smart infrastructure management. Track Your Build employs a hands-on and on-site approach to providing their clients with the support they need.
A mobile application that enhances living experiences for residents staying at gated communities, putting convenience at their fingertips. They help estate owners better coordinate their affairs and overall interaction/communication with the residents. The app features include emergency services, guest management, real-time vending for electricity bills, and handyman services.
An infrastructure as a service company that increases access to quality healthcare by providing healthcare professionals with fully serviced medical facilities, to rent on a pay-per-use basis. The company has 3 locations in Lagos – Opebi, Ogudu and Surulere with a capacity to deliver 430 clinic hours per week.
Each of these companies will receive $25,000 in funding, free workspace for their teams, $15,000 AWS credit and other partner credits, financial management support, business support, HR Management support, product development advisory, mentorship, access to corporate partners & industry experts and possible follow-on capital of up to $250,000 from Growth Capital.
Other companies that joined their portfolio this year include:
A platform with a network of pre-vetted professionals that can build software products and extend the engineering teams of ambitious organizations.
A power utility company that aims to provide energy to small and medium-sized residences and businesses through smart community microgrids formed by geographically dispersed privately and commercially owned solar photovoltaic panel installations, fossil fuel-based power generators, and lithium-ion battery storage.
For startups in their idea phase, application for their pre-incubation program is now open and available here.