Prices for innovation NSIA shortlists 10 Nigerian startups

The Nigeria Sovereign Investment Authority (NSIA) has released the list of the 10 startup finalists for the NSIA Prize for Innovation (NPI 2.0). The top 10 were chosen from an initial pool of over 7,000 applicants. They are Yalo Technologies; BetaLife Health; Magic Carpet Studios; MaterialsPro; Doktorconnect; PaveHQ; VPay Africa; TribaPay; Kunda Kids and Sycamore. The startups will compete for a combined prize value of $220,000 and an all-expenses-paid, five-week training programme at Draper University in Silicon Valley, USA. Aminu Umar-Sadiq, the Managing Director of NSIA, said he was enthusiastic about the programme’s growing impact.

“The NSIA recognises the critical role technology plays in driving positive social and economic outcomes. Through the NPI, we remain committed to supporting innovative solutions for Nigerian challenges, building capacity for early-stage businesses, and creating jobs through economic empowerment.” Now in its second year, the NPI has established itself as a leading platform for nurturing Nigerian innovation.