25 Startups Emerge Winners Of SEDC Competition

The South East Development Commission (SEDC) has announced the winners of the inaugural South East Venture Capital Programme (SEVCP) Pitch Competition.

Accordingly, 10 startups won the incubator track while 15 emerged as winners of the accelerator track, bringing the total number to 25.

The startups under the incubator track are Health Vault NG LTD, VIBET BIO, Wattmuse Energy, KoboTrac, Simsak, Growdex, Farmi AI LTD, CNG Protect, Linia Finance and Keke Ride.

Those under the Accelerator Track are Ondigo Technologies Limited, Skilladder, KIRA AI LIMITED, RapidMedicare Limited, SmartAirs, Bra-X, Stur Africa, Nigenius, SpaceOps, FLOF CO, Case Radar, Smart Transport Grid Ltd (STRAG), 8Bit Digital Systems Limited, CLIMAX GREEN (AGROFUXION) and Afiari.

SEDC’s Executive Director, Finance, and Chairman of the SEVCP Committee, Hon. Stanley Ohajuruka, in a statement, said the incubator track supported early-stage startups with foundational business support and venture-readiness. At the same time, the Accelerator Track focused on more mature startups with scalable business models and stronger market traction.

Speaking on the significance of the initiative, the Managing Director of SEDC, Mark Okoye, said the commission remains committed to identifying and supporting indigenous entrepreneurs capable of building scalable businesses that can drive industrialisation, create jobs, attract investment, and reposition the South East.

He said the South East Venture Capital Programme is not merely a startup competition but a long-term economic development strategy designed to unlock the region’s entrepreneurial potential and strengthen the pipeline of investable businesses emerging from the South East.

The selected startups will receive a combination of financial support, business advisory services, investor access, mentorship, technical support, ecosystem partnerships, and post-program growth opportunities to help them scale sustainably and become investment-ready enterprises.

SEDC also reaffirmed its commitment to continued collaboration with venture capital firms, development institutions, innovation hubs, academic institutions, corporate partners, and ecosystem stakeholders to deepen entrepreneurial opportunities and innovation-driven economic growth across the region.

The commission commended all participating founders, judges, mentors, investors, sponsors, and ecosystem partners for their contributions that ensured the successful execution of the inaugural edition of the programme.

المصدر: Leadership (Nigeria)