ADVERTISEMENT
TechEconomy
Thursday, May 15, 2025
No Result
View All Result
Advertisement
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » Five Startups Win N3.5m Each at W.A.S.H Innovation Fair 2.0

Five Startups Win N3.5m Each at W.A.S.H Innovation Fair 2.0

Techeconomy by Techeconomy
April 28, 2023
in StartUPs
0
Five Startups Win N3.5m Each at W.A.S.H Innovation Fair
W.A.S.H Innovation Fair 2.0

W.A.S.H Innovation Fair 2.0

RelatedPosts

Cargoplug Launches in UK to Power Growing UK-Nigeria Trade Route

Cargoplug Launches in UK to Power Growing UK-Nigeria Trade Route

May 15, 2025

Omniretail, PalmPay, Moniepoint Top FT’s List of Africa’s Fastest-Growing Companies

May 14, 2025

BY: Adedayo Adekugbe

The launch of the 2023 Water, Sanitation & Hygiene (W.A.S.H) Innovation Fair & Incubation Programme is definitely redefining the sector in Nigeria.

On Thursday, April 27, ​at Radisson Blu, Ozumba Mbabadwe, Victoria Island, Lagos, five Small and Medium Enterprises (SMEs) owners won N3.5 million each with Four months incubation and mentorship programme, at the W.A.S.H Hackathon Innovation fair 2.0.

The W.A.S.H programme is a call to action for individuals, private and public sectors to come together to solve the problems relating to water, sanitation and hygiene in line with the United Nation’s Sustainable Development Goals Six (SDGs 6) seeks to “Ensure access to water and sanitation hygiene for all” which also aligns with the goal the Federal Government of Nigeria to end open defecation by 2025.

It was organised through the partnership of the Financial Centre for Sustainability, Lagos and the Nigeria Climate Innovation Center (NCIC), is sponsored by IHS, one of the largest independent owners, operators and developers of shared communication infrastructure in the world and FMDQ Group Africa’s foremost vertically integrated financial market infrastructure group.

180 startups initially applied and 80 were shortlisted from which a team of technical judges shortlisted 20 startups.

However, after a rigorous process, five innovators made it to the grand finale. They were awarded the accumulated sum of 17.5 million naira, alongside a four-month handholding mentorship program.

The winners are;

  1. Schrondinger Tech
  2. Retreasure
  3. Junkyard
  4. Green Cycle 
  5. Sparkles

The programme, which was organised through the partnership of the Financial Centre for Sustainability, Lagos (FC4S LAGOS) and the Nigeria Climate Innovation Centre (NCIC), was sponsored by IHS, one of the largest independent owners, operators and developers of shared communication infrastructure in the world.

Speaking at the event, Engineer Suleiman Adamu, Minister of Water Resources, said that W.A.S.H provides excellent platform for innovators and entrepreneurs to showcase their ideas.

He noted that innovations designed to address challenges of open defecation and enhance access to safe Water, Sanitation and hygiene, was salutary.

‘’It is my hope that these ideas, initiatives are brought to fruition so that the startups can contribute to plug into identified gaps for more effective intervention in the sector.

‘’The theme for this year’s fair, innovation for sustainable growth in the sector is timely, I mean against the backdrop of certain concerns about the shortfalls in the issue to access to safe water.

‘’It is also an important condition and a critical role in the development of the nation’s economy,’’ he said.

According to him, it is a critical component of our nation’s economy, it is essential to exploit globally available opportunities for the resolution of the challenges of the sector.

He said that the water sanitation sector offers immense opportunities for investment, job creation, and poverty reduction.

United BANK

Adamu said that despite the substantial investments in the sector much more still needs to be done to improve access to clean water, sanitation and hygiene for our citizens.

According to him, “the sector is also beset with myriad of challenges mainly medical infrastructure, capacity, as well as poor service delivery at various levels”.

He said that in 2022, stakeholders had to find investment opportunities, estimated at about 3.8 billion US dollars in the W.A.S.H sectors.

According to him, this represents a significant opportunity that drive innovations and investment and allow opportunities to integrate creative solutions that would contribute to the resolution of identified challenges.

Adamu said that this initiative would further strengthen governance, improving access to safe water, sanitation and services to all Nigerians.

Through this initiative, the country is poised to be among those countries that have developed local innovative solutions, addressing challenges in the WASH sector.

According to him, hopefully these solutions would help strengthen the national action plan for W.A.S.H and help complement other national initiatives, such as partnership to expand the water supply, sanitation and hygiene which was launched in 2016.

The minister said that it was launched as a national collaborative instrument, to mobilise resources and harness efforts towards improving access to water sanitation and hygiene.

Earlier, Dapo Otunla, Chief Corporate Service Officer, IHS Nigeria, said that the organisation is committed to federal government’s plan to end open defecation by 2025.

He further noted that the firm has donated over 3000 books on open defecation to communities across Nigeria as well as installed 13 mechanised solar boreholes across communities.

According to him, about 138 communities have been impacted and over 18000 lives touched all in the effort to achieve the objectives of the WASH initiative.

in her technical presentation, Dr Jane Bevan, Chief WASH, United Nations International Children’s Emergency Fund (UNICEF) Nigeria, highlighted the challenges of the W.A.S.H initiative in Nigeria.

She noted that poor investment in W.A.S.H both at the national and sub-national levels were some of the issues affecting the sector in Nigeria.

Loading

United BANK

Author

  • Techeconomy
    Techeconomy

    View all posts
0Shares

Tags: Chief WASHstartupsUNICEFW.A.S.HW.A.S.H initiative
Previous Post

Nestcoin spins off Metaverse Magna (MVM), Names Yemi Johnson as CEO

Next Post

Tech Week: Konga vows to Host Nigeria’s biggest Gadgets Sale

Techeconomy

Techeconomy

Related Posts

Cargoplug Launches in UK to Power Growing UK-Nigeria Trade Route
StartUPs

Cargoplug Launches in UK to Power Growing UK-Nigeria Trade Route

by Joan Aimuengheuwa
May 15, 2025
0

Logistics leader opens first self-run hub in UK to serve expanding C2C, B2C, B2B and B2B2C clientele

Read more
Omniretail, PalmPay, Moniepoint Top FT’s List of Africa’s Fastest-Growing Companies

Omniretail, PalmPay, Moniepoint Top FT’s List of Africa’s Fastest-Growing Companies

May 14, 2025
Report: 885 Million Women Still Unconnected as Mobile Internet Gender Gap Stalls in LMICs – GSMA

GSMA: 885 Million Women Still Unconnected as Mobile Internet Gender Gap Stalls in LMICs

May 14, 2025
Y Combinator Accuses Google of Hindering Innovation, Discouraging Startup Funding

Y Combinator Accuses Google of Hindering Innovation, Discouraging Startup Funding

May 14, 2025
Stackpack Raises $6.3 Million

Stackpack Raises $6.3M to Tackle $475bn Third-Party Vendor Management Gap

May 14, 2025
ATC Africa

TechX Africa 2025: ATC Africa Leads Dialogue on Homegrown Solutions for Digital Growth

May 14, 2025
Next Post
KONGA TECH WEEK 2023

Tech Week: Konga vows to Host Nigeria’s biggest Gadgets Sale

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

CYBERSECURITY ESSENTIALS
byTecheconomy

BUILDING STRONGER NETWORKS AND COMMUNITIES

CYBERSECURITY ESSENTIALS
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Filmmaking and Technology: A chat with Micheal Chineme Ike
June 7, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz
uba

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.