Africa House empowers 10 startups with $1M entrepreneurial support | The Guardian Nigeria News
LR: Dr. Akintoye Akindele, Chairman, Atlantic and Dupont Midstream, Platform Capital and Africa House; Bishop TD Jakes, senior pastor, Potters House, Dallas, Texas; Olakunle Soriyan, futuristic / global thought leader and CEO of Africa House; and Kevin Bond, Grammy Award winning producer and CEO of Bonded Entertainment, at the opening of Africa House in Dallas, Texas.
The startup accelerator Africa House, in partnership with Platform Capital Group, will invest in 10 companies with a total of $ 1 million in funding, technical and business support, and in-kind contributions that will lead them to business success at the highest level.
Recently launched in Plano, Texas and commissioned by Senior Pastor, Potters House, Dallas, Texas, Bishop TD Jakes, Platform Capital and Eshirya Africa partnership connects investors with and provides a supportive ecosystem for entrepreneurs and innovators of African descent, including African Americans to pursue their business ambitions and play their role in the global curation of the Africa of their dreams.
The Africa House Fund Pitch Contest is designed to provide startups with global access to offices, networks, mentoring, training, events, funding and resources that will keep them competitive without the usual limiting barriers.
The new additions join an exclusive group of individuals and organizations passionate about Africa, which is increasingly becoming a preferred destination for investment on the global stage.
The two-day event featured official ribbon cutting, master classes and exciting pitch sessions that featured a nine-person jury – including Eric Taylor, Founder and CEO of Trident Capital; Osh Agabi, founder and CEO of Koniku Inc .; Rodney Williams, Co-Founder and Chairman, Solo Funds; Dr. Banji Awosika, MD, West Orange Nephrology – announced the selection. The pitch session started a concise plenary session with the tag “Powering Africa: Unlocking the Potential and Opportunities for Entrepreneurship”.
“Our goal is not just to help people make money. Rather, it is about instilling gratitude in society, with ideas that are single-mindedly aimed at solving demonstrable human problems around the world and have a significant impact on GDP, income per capita and GNI per capita everywhere in the world and in particular on the African continent, ”said Olakunle Soriyan, futuristic / global thought leader and CEO, Africa House.
Entrepreneurs who scaled the maiden edition of the pitch contest include: George Brownell, SOPE; Morgan White, Back2School LA; Olusola Amusan, Vesti officer; Izin Akioya, SAG logistics; Michael Akindele, Surplus Farms; Nneka Oka, LuxeButta; Dr. Ololade Okubena, Blazing Ideas Ltd; Vanessa Samu-Adijuah, Ment4Her; Damilare Kujembola, Amplify Africa; and Olu Ogunlela, Lifthrims Incorporated. The entrepreneurs have been accepted into the Africa House Unicorn Incubation Program 2021 Plano, Texas Cohort.
The six-month program is supported by a leading investor in emerging markets, the Platform Capital Group, and the US 501c3 Exempt non-profit organization Eshirya Africa. The program offers tailored support from experienced mentors, and each entrepreneur receives technical, business, funding and in-kind assistance worth $ 100,000 each.
Investor, entrepreneur, philanthropist, chairman of Atlantic and DuPort Midstream, Platform Capital and Africa House, Dr. Akintoye Akindele quipped, “People are people with intent. The assumption that ideas, driven with the right support and resources, can create socio-economic change at any level is more than true. It’s a crucial part of what we’re all about. “
In 5 years Africa House aims to provide similar technical and financial support to 1,000 entrepreneurs, which will then affect 10,000 families and 1 million people on a large scale.
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