With the first 440.ng accelerator programme fast running to an end, the startups under the programme will today pitch to potential investors for follow-on funding at 440.ng’s Investor Day holding at the Lagos Garage.
At 440.ng, the startups are taking part in a three-month accelerator programme to assist with product development, revenue generation and customer acquisition, while connecting them with mentors, partners, investors and key clients.
“This program’s startups are the strongest overall I have done in regards of how many of the companies that can turn into profitable business. 7 out of the 9 companies are making revenue, one above USD60,000 per month, so it will be interesting to see which ones the investors will be most excited about tonight,” said Kresten Buch, co-founder of 440.ng
He had earlier told HumanIPO at the beginning of the accelerator programme that: “Besides capital, one of the biggest needs of early stage startups is access to experienced mentors, key decision makers, and the kind of peer-to-peer interaction that this kind of programme enables.”
“Having seen the talent, hustler mentality, and sheer market size of Nigeria, I think we will see some amazing companies come out of this program,”