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On Monday, Nigeria’s social innovation centre in Lagos Co-creation Hub (CcHUB) announced three new ventures were added to its Incubation program.
Each of the ventures — Grit Systems, Mamalette, and Autobox — will receive seed funding between US$15 000 and US$25 000. In addition to this, the incubator provides mentoring, business development support, and office space for the selected companies. All of these services are critical to each company’s growth.
Started five years ago, CcHUB has hosted over 50 early-stage ventures. The startups recently announced join the likes of Traclist, Truppr, Wecyclers and Vacantboards. CcHUB in December 2014 graduated BudgIT, the first venture in its incubation portfolio.
Grit Systems develops web-enabled analytics technology for households. Their systems gather data about power consumption for households and commercial properties.
Mamalette is community platform for mothers and mothers-to-be in Nigeria. The platform provides an interaction and support between users.
Autobox is an ecommerce store for car parts. The store sells genuine auto parts, provides a self-diagnosing feature for cars, and other useful information for car owners.