Fintech Start-up Emerges Winner of SelectUSA Tech Pitch Competition

May 9, 2022
by
Fintech Start-up Emerges Winner of SelectUSA Tech Pitch Competition

Ifeoma Uddoh, founder of Shecluded, a Nigerian fintech start-up, has emerged as the overall winner of the SelectUSA Tech Nigeria Pitch Competition hosted by the United States Consulate General in the country.

Uddoh is a 2021 alumna of the Academy for Women Entrepreneurs (AWE), sponsored annually by the United States Mission to support women empowerment in Nigeria.

Shecluded is a fintech start-up dedicated to bridging financial inclusion gap among women of color.

Join our WhatsApp Channel

The U.S. Consulate General hosted the Competition for Nigerian female-led tech startups interested in expanding their business operations into the United States.

Nine startups made their pitch before a panel of accomplished U.S. and Nigerian business leaders, including U.S. Consulate representatives, and received valuable feedback on their business proposals.

Uddoh emerged as the overall winner after closing of the contest.

According to a statement from the U.S. Embassy, Uddoh will receive a complimentary ticket to attend the annual SelectUSA Investment Summit in Washington DC from June 26-29, with the opportunity to pitch at the Regional, Middle East & Africa Pitch event, to venture capitalists, corporate investors, representatives from startup ecosystems, and industry experts.

The summit will offer Uddoh an unprecedented opportunity to learn how to expand her business to United States, make the right connections, learn about investment destinations, and discover relevant resources to move the start-up forward.

U.S. Consulate Deputy Public Affairs officer, Jennifer Foltz congratulated all the participants for their outstanding pitches. Foltz noted that the U.S. government is committed to providing women with the knowledge, networks, and access they need to launch and scale successful businesses.

“The U.S. government is proud to support young female entrepreneurs who are key to Nigeria’s future prosperity,” Foltz said. “We look forward to continuing to foster a strong entrepreneurial culture by providing skills training, resources, mentorship, and opportunities for Nigerian entrepreneurs to expand their businesses locally and to the United States.”

The annual SelectUSA Investment Summit is where business potential meets business opportunity. The Investment Summit connects qualified companies with U.S. economic development organisations to facilitate business investment and job creation.

The summit plays a vital role in attracting and facilitating business investment and job creation by raising awareness about the wide range of investment opportunities in the United States and enabling essential direct connections between entrepreneurs and U.S. investors.

The U.S. government supports a number of programmes, including the Academy for Women Entrepreneurs, the TechWomen and TechGirls Programs, and the African Women’s Entrepreneurship Program (AWEP) to support women’s inclusion in society.

More broadly, the United States has invested millions of dollars to directly advance gender equality across sub-Saharan Africa, through activities that promote political and economic opportunities for women.

Admin
+ posts

Featured Stories

Latest from News

Why CBN Retained Bencmark Interest Rate At 27.5%

CBN Directs Banks to Deny Debtors New Loans

Central Bank of Nigeria has directed commercial banks to deny additional credit and certain banking services to large borrowers with non-performing loans, in a move aimed at strengthening credit discipline and reducing financial risks in the banking system. In a letter dated March 12,
Dangote Refinery Cuts Diesel Price To ₦960 Per Litre

Dangote Explains Petrol Price Increase to 1,175 Naira Per Litre

Dangote Petrochemical Refinery has increased the ex-depot price of petrol to 1,175 naira per litre, reversing a 100-naira reduction announced earlier in the week, as a surge in global crude prices raises refining costs, a refinery official said on Friday. The refinery

Ex-IGP Egbetokun Hails Reforms at Pull-Out Parade

Former Inspector-General of Police Kayode Egbetokun on Thursday highlighted reforms introduced during his tenure as he formally bowed out of office at a ceremonial pull-out parade organised by the Nigeria Police Force in Abuja. The ceremony marked the end of Egbetokun’s leadership
Zamfara APC Crisis: Adamu-led NWC Broker Peace Between Matawale, Yari
Previous Story

Zamfara APC Crisis: Adamu-led NWC Broker Peace Between Matawale, Yari

Ex-President Goodluck Jonathan (Left) and National Chairman of APC, Senatoer Abdullahi Adamu
Next Story

Buhari’s New Law Shuts Out Jonathan From 2023 Presidency, Lawyers Speak

Don't Miss

Bstan Group

Group Targets 1 Million Houses Yearly To Tackle Deficit

An organisation, Bstan Group, has indicated interest to build one
Buhari

Northern Youths To Buhari: Take Nigeria Back To Security Level Under Jonathan

The Coalition of the Northern Groups has lamented the alarming