Dexude, an edtech platform with operations in Nigeria has been awarded the prestigious Business Finland TEMPO funding marking a pivotal moment in Dexude’s journey towards transforming education through its AI-powered platform.
The Business Finland TEMPO funding is specifically designed to support startups and SMEs aiming for international growth by building their expertise and solutions into international success stories in innovative ways. Tempo funding is intended for under 5 years old startup companies with a new product or service idea.
According to Charles Emembolu, Founder of Dexude, “We are incredibly honored and excited to receive the Business Finland TEMPO funding. This funding is not only a validation of Dexude’s mission to reinvent education but also a testament to the hard work and dedication of our team. With this support, we are poised to accelerate our efforts in democratizing access to quality education and empowering learners across Nigeria and beyond.”
The maximum amount of Tempo funding is EUR 60,000. Funding from Business Finland covers 75 per cent of project costs that can be at most EUR 80,000. The funding constitutes a grant that does not have to be paid back. Tempo pays 70 per cent of the funding after the funding decision, and the remainder in conjunction with the project’s final report.
To be part of Tempo, one needs a concrete idea for an innovative product, service or business concept that differs from the solutions currently offered on the international market. Your company has a realistic follow-up plan for research and development and at least EUR 30,000 in equity financing and confirmed self-financing during the project. Tempo also needs a committed team of at least 2 people working in Finland.
Dexude’s commitment to innovation, coupled with its vision to enable a billion learners worldwide, aligns perfectly with the objectives of the TEMPO funding.
Kelvin Chikezie, Co-founder of Dexude, added, “Securing the Business Finland TEMPO funding is a significant milestone for Dexude. It underscores our commitment to leveraging technology and innovation to revolutionize the way people learn and grow. We are grateful to Business Finland for believing in our vision, and we are excited to embark on this next chapter of Dexude’s journey.”
Dexude is on a mission to redefine education by providing learners with access to influential experts and thought leaders, live interactions, and a vibrant community-driven learning experience. Through its platform, Dexude aims to break down barriers to learning and empower individuals to pursue their passions and unlock their full potential.