Ventures

Since 2011, CcHUB has supported the growth of a community passionate about the role of technology in transforming Nigeria. We have seen from experience that there are lots of people and organizations interested in the application of technology to solve local problems and our goal is to continue to unearth such individuals/companies and to support them to bring their ideas/products to life.

Pre-Incubation

Our preincubation program is tailored towards early stage ideas and businesses. It is a 6-month program that takes the ideas through a prototyping phase, user testing, iterating based on user feedback and building an MVP that gains traction. We do all this with the aim to help entrepreneurs understand their users, create working business models and use technology that can provide superior value for users.

To date, over fifty (50) ideas have enjoyed support through our Pre-Incubation program prominent of which are BudgIT, WeCyclers, Truppr, Genii Games, VacantBoards, Jobs In Nigeria, 500 Shops, Efiko, Nigerian Constitution app, NaijaTeenz, Open apps, Church+.

  • Do you have an innovative idea (leveraging web or mobile) that solves a problem/issue that affects a large number of people first in Nigeria and beyond?
  • Does the idea improve on an existing process/solution or is it completely new i.e. hasn’t been done locally?
  • Have you taken time to research the problem/issue and have a clear picture of the target segment it affects?
  • Do you have the skills to build a prototype of the solution? (or have access to technical skills)
  • Are you prepared to spend the next 3 – 6 months building the solution and going out to understand your potential users?

Incubation

Our Incubation program is designed for existing businesses that have gained some traction, generated revenue and are looking to scale. We work with the startup to create functional business processes, grow their business and achieve scale. Businesses in our incubation program receive mentoring, business development, administrative and funding support to test their models and focus on execution.

Prominent startups which have graduated from our accelerator program include; Wecyclers, Budgit, 500 shops and Traclist. We invest $10,000 to $25,000 per startup in our incubation program.

  • Do you have a solution (leveraging web or mobile) that was launched within the last year to address a clear need/want?
  • Have you gained some traction with the solution in the local market i.e. do you have users?
  • Is the solution generating revenue?
  • Are you looking to further validate your business model & grow your user base in the local market?
  • Do you have a team of up to 3 members which includes a technical lead and founder)?

Accelerator

Our accelerator programs are designed for existing solutions (not ideas) that are looking to grow rapidly over a short period of time. Accelerator programs focus on understanding users, using feedback to rapidly optimize solutions and gaining access to markets and partnerships.

The 3-month program is very intense and usually crowned with a Demo day featuring potential partners and investors.

Some of the startups which gone through our accelerator programs include Riby Finance, Delivery Bros, Proteach, Termii Webtech, Slidesafe, cameraman, nicademia, 360 Creative Hub and Edusko. The full list of our 2017 Next Economy batch can be found here.

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Comminity 2011
Applies smart technology to build a efficient blood system across sub-saharan Africa through an enterprise marketplace that links hospitals with blood banks.
Comminity 2011
Mamalette is a platform where Nigerian mothers and mothers-to-be interact to provide mutual support and community throughout the motherhood experience
Comminity 2011
Autobox is a platform for car owners to discover & purchase genuine auto parts and find tips on everything motoring.
Comminity 2011
GRIT Systems develops web-enabled technology for controlling and gathering data about household & commercial electrical power consumption.
Comminity 2011
VacantBoards is an Online Outdoor Advertising Marketplace that enables one-click booking of outdoor advert spaces and track advertising campaigns.
Comminity 2011
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Comminity 2011
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Comminity 2011
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Comminity 2011
Our Impact

Our own version of change

Over 5 years ago we set out to leverage technology to effect social change. Below are a few milestones we have achieved.

$134,530.00 Direct cash investment
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₦1 Billion Growth Capital Fund
December 2015, CcHUB launched the CcHUB Growth Capital – Nigeria’s first social innovation fund to invest in next generation infrastructure for change in Nigeria and beyond – with targeted fund size of over N1Billion over the next 24 months
58 Ventures Early Stage Venture Support
Through our Incubation unit we have supported over 58 early stage ventures providing solutions to social problems with technology. These ventures have in turn created 350 jobs & have supported over 60 ideas to build sustainable businesses
iHQ Direct cash investment
We collaborated with Main One & the Lagos state government to bring fiber internet to Yaba. Today, over 20 technology companies call yaba home and most are connected to the fibre. Learn more about the innovation HQ
re:learn Smart application of technology in education
The focus of re:learn is to empower children with knowledge, skills, and confidence required to become makers of technology through its education initiative. In addition, provide thought leadership on the smart application of technology in classrooms. re:learn have reached over 400 students through several programs such as BotClub, GeeksClub, Summer of Code
$134,530.00 Direct cash investment
We collaborated with Main One & the Lagos state government to bring fiber internet to Yaba. Today, over 20 technology companies call yaba home and most are connected to the fibre. Learn more about the innovation HQ
our clients

It's our work o

We’ve had the joy of collaborating with these brands and many more over the last few years