Online event marketplace Hulubet has been selected as the Seedstars World winner for Ethiopia. The pitching competition took place on 14 September at Ice Addis, in Addis Ababa, Ethiopia.
Hulubet will go on to compete against over 60 other startups in Switzerland in 2017 for the grand price of US$50 000 in equity investment. Other prizes will be available and contestants will pitch in front of a crowd over 1000 people.
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The runners up for the Ethiopian leg were big data for farming startup, Abithrone, and books distribution platform, Berhan Books.
“Startups in our community hugely benefit from this initiative and gain impactful support and networking,” explains the co-founder of Ice Addis, Markos Lemma, in a press release to Ventureburn.
Read more: Here are the 11 startups pitching at Seedstars World in Ethiopia
Other startups consisted of Kale General Electronics plc, VitaBite Nutrition, GurshaRides, Simbir, Yeneta (Haletatech Solutions), ZayRide, MelaHub, and Stavimer.
“We are impressed by the quality of the startups and the industries that this year’s startups are trying to disrupt. We are very happy to take Hulubet to our regional and global summit and believe that they will do justice in representing Ethiopia,” says associate at Seedstars World, Selam Kebede.
Featured image via Seedstars World
