The South East Development Commission has unveiled 25 startups selected for support under the inaugural South East Venture Capital Program, in what the Commission described as a major step toward building a globally competitive innovation and enterprise ecosystem in the region.
The announcement followed the conclusion of the programme’s Finals Day and Investment Ceremony held in Enugu, where emerging businesses from across the South East pitched innovative solutions spanning healthcare, artificial intelligence, clean energy, agriculture, fintech, mobility, legal technology, logistics, education technology, commerce, and public infrastructure innovation.
The South East Venture Capital Programme was structured into two categories — an Incubator Track for early-stage startups and an Accelerator Track for more established businesses with scalable models and stronger market traction.
At the end of the rigorous selection process involving investors, business executives, ecosystem leaders, and industry experts, 10 startups emerged from the Incubator Track, while 15 startups were selected under the Accelerator Track.
Speaking on the initiative, the Managing Director and Chief Executive Officer of the South East Development Commission, Mark Okoye II, said the programme forms part of a broader strategy to unlock the entrepreneurial potential of the South East and reposition the region as a leading innovation hub on the African continent.
