THE 1776 CHALLENGE CUP LAGOS

The beauty of a thing is not just in the beginning but in the ending.’’

1776 started Challenge Cup four years ago to discover the most promising, highly scalable startups poised to solve complex challenges across borders, regulated industries and emerging technologies.

We know that startups are solving some of our world’s most complex challenges and so, 1776 and Revolution partnered to bring the Challenge cup to Lagos once again.

It was a cold and rainy day, but that didn’t hinder the influx of creative startups anxious to pitch their business ideas to our seasoned Judges.

Thanks to Taxify for the rides, participants and guests were transported to the venue free of charge.

The event, with over 50 people in attendance, officially opened with registrations, as participants and sponsors made their  way into the LeadSpace Ojodu facility.

THE EVENT

With the opening speech delivered by C.E.O, Olufunbi Falayi and a minute silence observed in honor of the sudden  passing of Samson Abioye, CEO, Pass.ng. The 1776 Challenge Cup Lagos was up and running.

We couldn’t have asked for a better anchor, Miss Damilola Thompson of Echo VC made the event a seamless feat. There was an interesting Fireside chat with the cofounder, Printivo, Mr Oluyomi Ojo.

THE PITCH

The startups took turns to pitch their businesses before the judges

Our Judges;

Olusola Amusan of Microsoft,

Bunmi Otegbade of Zest

Uche Okafor of Taxify

Uche Ogboi of EchoVC partners

Oluyomi Ojo of Printivo

Nichola Siyo of Instant Pickup

Among the start-ups present were: 
Artshopng, 
Deliverybrosng, Ecofutureng, Freshmarte.biz, Davtonlearn, Suvenia.com, Voucherpay, Payconnect,
Hubrif, Finance life technologies ltd, Legitcar, Flood early warning system, Cosmetibles.

Participants were duly rewarded as the sponsors came in with goody bags for everyone. Instant pickup gave a whooping 6000 off the cost of laundry for anyone who downloaded the app at the venue.

Pal Pensions was not left out as they gave lots of freebies to all participants.

THE WINNERS

Just before the winners were announced, Bunmi Otegbade of Zest, gave words of advice to the participants concerning key things to note when next they are delivering a 2-minute or less pitch to potential investors, some of which were personal etiquette, stating important details within the given time; market value, sustainability, revenue source etc

In third place, Davtonlearn: DavtonLearn is empowering online learning for professionals, higher education, and corporate institutions in Nigeria and Africa

In second place, DeliveryBros App: DeliveryBros is a mobile app that helps individuals and SMEs in Africa move packages by matching them to the nearest trained carriers.

And like every race or battle, there can only be one winner.

The winner of the 1776 Challenge Cup Lagos was Finance Life Technologies Limited: The Riby Finance Platform manages Collaborative and Community-based access to finance, peer-to-peer lending and saving group.

Special thanks to all our partners: Instant pickup, Printivo, Taxify and Palpensions.

We wish them a successful trip as they proceed to the grand finale in New York come November 13th, 2017.

View Pictures of event here