The Bulb Africa, a Nigerian tech hub has invested $25,000 seed investment funding into Emergency Response Africa through its #ALLoverCOVID19 initiative.
The Bulb Africa said Emergency Response Africa (ERA), a healthcare technology startup providing medical care to victims at the scene of the emergency and facilitates access to advanced hospital care emerged as the unanimous winner of the #ALLoverCovid19 Pitch Initiative.
“By combining emergency response training with intelligent dispatch, communications technology and alternative medical transportation, ERA is creating a sustainable and scalable solution in emergency medical services in Nigeria,” announced The Bulb Africa.
The Bulb Africa launched the #ALLoverCOVID19 Healthcare accelerator initiative in March and it has organized discussions on health safety, the role of technology and projections into possible economic and business implications of the Covid-19 pandemic.
According to the Programme Manager, Mo Durosinmi-Etti, The Bulb Africa aims to accelerate healthcare startups with a viable healthcare solution.
The panel of judges included Tosin Osunkoya – Head of Investment, Commercio Partners and Founder, The Bulb Africa, Ife Durosinmin-Etti – Investor and Founder, AGS Tribe, Ife Oyedele – Entrepreneur and Co-founder, KOBO360 and Damilola Oladosu, Ph. D – Manager, Disruption and Innovation Practices, PwC Nigeria.
After careful reviews of the 5 startup finalists; Overec, Emergency Response Africa (ERA), Medipal , Prediagn, and MyCloudMedic with keen attention to their presentation, solution viability, team composition and market research among other things, the judges unanimously voted Emergency Response Africa as the winner. While the unveiling of the winner on May 1, Mo expressed that the finalists’ presented businesses are viable and deserving of support. However, only one company will
take on the investment.
The first runner-up Medipal, received a grant of $10,000 in AWS credit. Medipal will also be enrolled in The Bulb’s Incubator programme.