Facebook Accelerator Startups in Nigeria raises over $500,000 in investments – The Eagle Online

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Startups participating in the second season of the Facebook Accelerator Programme have recorded significant achievements, including raising over $500,000 in committed investments and grants in just three months (halfway through the programme).
Within the same period, they have also made significant product pivots, sealed key partnerships and made progress towards creating unique products with world-class business processes.
These results were recently revealed by Facebook and CcHUB, following its 2019 programmes and training, which took place to support and empower students and entrepreneurs to build locally relevant solutions using advanced technologies at NG_Hub, Facebook’s flagship Community Hub space in partnership with CcHUB.
So far in the programme, the startups have been introduced to multiple venture capitalists and corporate executives and also matched with advisors within the CcHUB Global Advisory network.
These advisors include c-suite executives and experts from companies like Dell, Oracle, IHS Towers, Stanbic IBTC, Cellulant, Old Mutual, Axa Mansard, among others.
Six of the startups contributed to the $500,000 total raised so far, with highlights including:
Chekkit, the only African company to be accepted into a global accelerator, cementing a key partnership for their organisation. They also sealed a partnership with the Fantom foundation for their blockchain product and received a grant from Umdasch Challenge at World Summit Awards 2020.
Haulr emerged second place in the recently concluded Zenith Bank’s hackathon securing N6 million.
Simbi interactives sealed key partnerships and have so far received $35,000+ in investments and grants.
Student team, Vinsighte has completed its prototype that reads books to the visually impaired using computer vision.
AirSynq, completed its balloon satellite prototype and has enterprise clients on the waiting list for its product launch in February.
Gradely launched the beta version of its product, and received its first set of customers, whilst increasing the number of schools they are present in by 200 per cent.
These startups and many more will be showcasing their products and solutions aimed at tackling problems across multiple sectors to corporate executives, multinationals and other potential partners during the annual Facebook Accelerator Programme Innovation Showcase week in February 2020.
Speaking on the development, Adaora Ikenze, Head of Public Policy for Anglophone West Africa at Facebook, said: “The numbers speak for themselves, and further reinforces that the work and investments we are undertaking here in Nigeria are having real impact. At Facebook, we are passionate about helping developers and entrepreneurs to grow. We believe in empowering small businesses through our platforms to help more people launch and grow their businesses, which translates to real impact for their communities and local economies.”
Also speaking, Bosun Tijani, Chief Executive Officer, CcHUB, said: “This is yet another extremely brilliant cohort of startups from the Facebook acceleration programme which we are deeply proud of. This goes to further highlight the readiness of innovators across Africa to leapfrog development on the continent with technological innovation. We are delighted to be part of this journey with Facebook in its desire to inspire African entrepreneurs to be among the best in the world.”
With three months remaining, the cohort of season two of the Facebook Accelerator Programme will be undertaking workshop sessions, faculty one-on-ones, growth planning, Industry Advisor Sessions and mock pitches, rounded off with a demo day in April, the end of the programme.
For more information on the Facebook Accelerator Programme Innovation Showcase, visit www.bit.ly/isw-2020.

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Bernie Sanders Undergoes Procedure for Artery Blockage, Cancels Campaign Events

Sen. Bernie Sanders (I-VT) campaign announced Wednesday that the presidential candidate had two stents inserted after the discovery of a blocked artery and that he will cancel his upcoming events for now.

During a campaign event yesterday evening, Sen. Sanders experienced some chest discomfort. Following medical evaluation and testing he was found to have a blockage in one artery and two stents were successfully inserted, Senior Advisor Jeff Weaver said in a statement.

Sen. Sanders is conversing and in good spirits. He will be resting up over the next few days. We are canceling his events and appearances until further notice, and we will continue to provide appropriate updates, he continued.

Sanders, 78, has maintained an extraordinarily busy schedule for years, tracing from his first presidential run to the midterms and now his second bid for the presidency.

The senator was among the ten presidential candidates set to appear Wednesday in Las Vegas for an MSNBC-hosted gun-control forum, and had events scheduled in California in the days after.

After announcing a massive fundraising haul of $25.3 million on Tuesday, the Sanders campaign had also purchased its first television ad buy in Iowa, a key early primary-voting state.

Those ads began to get canceled on Wednesday, though an aide to Sanders said that it was simply a postponement.

A heart stent is a non-surgical procedure that places a metal device into the arteries, propping them open to increase blood flow to the heart. The routine procedure is often carried out as a preemptive measure when a patient experiences chest pain and there is a potential risk for heart attack, Harlan Krumholz, a cardiologist and health care researcher at Yale University and Yale-New Haven Hospital, told The Daily Beast.

The timing of Sanders chest pain is key, according to Krumholz. If the pain occurred while at rest, it is likely something known as unstable angina, which is often caused by a reduced blood flow to the heart. Basically, there wasn't enough blood flow to the heart, so something that is potentially very dangerous has now been managed, Krumholz said of the stent.

According to Krumholz, the procedure can be outpatient, but doctors typically observe a patient for 24 hours in case of complications. Most people have a rapid recovery and can resume their activities shortly, he said.

After the news broke, Sanders 2020 Democratic competitors issued statements hoping for his well being.

Among them, Sen. Elizabeth Warren (D-MA) tweeted, Bruce, Team Warren, and I are sending all our best wishes for a speedy recovery to @BernieSanders. I hope to see my friend back on the campaign trail very soon.

And former Vice President Joe Biden wrote: @DrBiden and I are sending our best wishes to @BernieSanders, Jane, and the whole Sanders family. Anyone who knows Bernie understands what a force he is. We are confident that he will have a full and speedy recovery and look forward to seeing him on the trail soon.

Sanders later tweeted that he was feeling good and used the moment to advocate for Medicare for All.

With additional reporting from Audrey McNamara.

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