Lagos Govt Provides $1000 Grant To Support COVID-19 Eradication
….As It Partners, CCHUB
With the corovid-19 pandemic disrupting the global economy and crippling activities in Nigeria, the Lagos state government is set on granting $1000 funding to six applicants for novel solution to COVID-19.
This partnership is formed between the Co-creation Hub (CcHUB), Africa’s silicone valley, while Lagos come under the aegis of Lagos State Science Research And Innovation Council (LASRIC).This partnership is coming on the back of CcHUB’s recent call to the startup community across Africa to procure solutions to lessen the impact of the disease.
Aside the grant funding, LASRIC will also appraise the most promising solution with the intention of investing $12,000 in a convertible note with an equity claim in possible future funding rounds. The terms of this follow-on investment would be decided on a case-by-case basis.
The immediate focus of Lagos state in curbing the spread of this pandemic is to alleviate issues such as contact tracking, last-mile communication, the supply chain for delivery of essential medication, food and healthcare materials.
CcHUB through its multidisciplinary team of product designers and engineers in CcHUB Design Lab in Kigali, Rwanda would provide funding and research to support the participants to explore the application of Human-centered Design (HCD) to offer innovative solutions to flatten the curve of the spread of the deadly virus. For project focused on Lagos, Nigeria, LASRIC will also fund novel solutions on COVID-19 by providing grant funding of $1000 to six applicants.
Since the announcement of the call for submissions, hundreds of responses have been sent in from various parts of Africa. Upon review of the applications received, CcHUB would announce the first set of startups moving on to receive support via its Twitter handle .