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The maiden edition of the NPI Programme commenced with over 2,000 applications and a rigorous selection process, from which 25 start-ups proceeded to the accelerator phase.
Following this, 10 finalists advanced to the demo day to pitch their refined solutions to a panel of seasoned entrepreneurs, innovators, and technology business leaders.The first three start-ups and seven runners-up top clinched a total combined prize value of $255,000.
Deriving from the success recorded in the first edition of the NPI programme, the Authority in a statement said it has expanded the value proposition for the second edition to include an all-expense paid training programme at a top-rated university in Silicon Valley, USA, the opportunity to pitch to angel investors, secure additional investment and gain global exposure for the top 10 finalists.
The NPI programme is a multi-year commitment of the Authority to support entrepreneurship, empower innovators, create jobs, and enable the Nigerian tech ecosystem.
It is designed to encourage and support ingenuity within the digital sector and to fund new solutions that could result in transformative and scalable positive impact.
It is a business enhancement initiative to support early-stage, growth-driven solutions through education, mentorship, and financing before positioning these startups for global relevance.
The program further validates the Authority’s focus on advancing early-stage homegrown solutions within key priority sectors including financial services, agriculture, power, healthcare, education, and manufacturing among others.
