Southern Nigerian startups offered chance to pitch for funding

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Startups from southern Nigeria have been offered the chance to pitch for at least NGN5 million (US$16,000) in funding at the Owerri Impact Day event organised by investment network South Seven.

The South Seven investment network is a group of angel investors committed to nurturing and backing startups in the southeastern region of Nigeria through early-stage funding.

The group has now opened applications for its first pitch event, the Owerri Impact Day, which is aimed at attracting investors from the region to invest in innovative local startups. It takes place in partnership with Arise and DevEast.

Interested startups have until November 13 to apply for the event, with five companies to be selected to pitch for a minimum of NGN5 million (US$16,000) in equity investment.

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Passionate about the vibrant tech startups scene in Africa, Tom can usually be found sniffing out the continent's most exciting new companies and entrepreneurs, funding rounds and any other developments within the growing ecosystem.

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