On the 9th of May, the NBA Section on Business Law, put out a call for applications for entrepreneurs building innovative solutions that generates both social and economic value for the digital society. The Innovating Hub Challenge was conceived as a way to contribute to the growth of the digital economy by providing seed funding and visibility to selected Nigerian innovators.
Of the 40 applications received that cut across various sectors including healthcare, insurance, education, fitness/wellness, transportation, financial services, and legal services, 10 startups were shortlisted for the second stage of the Innovation Hub Challenge, however 9 of them will be pitching to the panel on Day 2 of the conference . The 9 startups will showcase their solutions and be interviewed by a panel of judges who will be different from the assessors from the first stage.
Meet the startups :
- XCrowme is a platform for cross border remittance for individuals and global payment gateway for businesses. At Xcrowme, people from different countries can exchange their local currency into bitcoins. It also provides a web wallet from where you can send and receive Bitcoin transactions. Xcrowme’s mission is to make the global economy accessible in all corners of the world through Bitcoin trading.
- Aider is building a new way to handle emergencies and saving lives one click at a time. Aider is what you would call *Uber for ambulance*. Aider is an app that allows people to take charge of emergency situations and save lives by allowing them to order an ambulance, find out and get directions to hospitals nearby, talk to medical professionals, etc
- Priplug is building a central repository of all privacy laws and regulations in the world. A one-stop shop for global privacy laws and regulations. As privacy laws and data regulations are evolving to be a big deal daily, Priplug aims to be the forerunner of this market by putting global laws in the palms of many people at an affordable price.
- Business Brace is solving the numerous limitations that small and medium businesses face in accessing support services for non-core business operations. It offers business support in one place ; accounting, human resources, legal, marketing and it services. Through its marketplace, Business Brace seamlessly integrates its support services that is accessed in consolidated dashboards on both mobile and web platforms
- Galilee Tech is building the future of legaltech. Easy Filing (still in development phase) is a software that enables a legal practitioner to complete the longer part of filing a court process from the comfort of his/her home without approaching the court except when the need arises, thereby reducing the timeline for filing of court processes and reduction of time in assignment of court cases.
- Umscope is an online marketplace for the university community that provides accessibility with convenience to goods and services. Through Umscope, student entrepreneurs can showcase their goods and services on a centralized platform while being empowered as well.
7. Sealed App is an end to end solution that provides specialized affordable and automatic legal services to anyone from the palm of their hand while closing the unemployment gap and solving crucial legal problems.
8. Digi Health is a platform where anyone can easily verify information or outbreak on the health sector. Through the platform, one can access quality healthcare service at the comfort of the home without the need to visit the hospital.Communication with a certified medical physician is either by chat, video or audio call on the web based platform.
9. AnyWork : is a platform for connecting Nigeria’s verified skilled artisans (service providers) with ready and willing service consumers, using geolocation and optimization algorithms to pair service providers and consumers in a manner that generates reliability and cost efficiency.
The winning startup will be awarded $5000 seed capital plus one year free legal support. Startups that come second and third place, will be awarded $2500 and $1500 seed capital respectively and one year of free legal support.
The judges and assessors for the SBL Innovation Judges include Olumide Soyombo, Founder of Bluechip Technologies, Rotimi Akapo, Partner at Advocaat Law Practice, Basil Udotai, Partner at Technology Advisors and Muyiwa Atoyebi SAN, Managing Partner at Omaplex Law Firm. This panel will be moderated by Stella Duru, Partner at Banwo & Ighodalo.
You can register for the conference here