Nigerian Female Founder Wins $30K Tech Prize at Lagos Startup Week

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Nigerian entrepreneur, Folake Owodunni, CEO & Founder of Emergency Response Africa, emerged as the winner of the $30,000 prize money at the Aurora Tech Award, a global initiative recognizing female founders in IT and Tech startups. The award, in partnership with Women Who Launch Track of Lagos Startup Week, seeks to bridge the funding gap for female founders in tech and promote equality in the entrepreneurship landscape.

The Aurora Tech Award received 649 applications from female participants worldwide, with Owodunni beating her peers to secure the coveted funding. Along with the cash prize, winners also receive mentorship opportunities, access to global investors, and media exposure to help scale their ventures.

During the Lagos Startup Week event, a fire chat session sponsored by Aurora Tech Award featured discussions on supporting female founders in tech, with key speakers emphasizing the need for representation and funding for startups led by women. The session provided valuable insights into the challenges faced by female tech founders in Nigeria and beyond, showcasing the resilience and determination of these entrepreneurs.

A panel discussion highlighted the journeys of female founders in the tech industry, sharing experiences, successes, and challenges. Panelists emphasized the importance of organizations like Aurora Tech Award in providing a platform for women to shine and succeed in the male-dominated tech ecosystem.

In line with its commitment to supporting female founders, Aurora Tech Award recognized other finalists, including Eniola Edun, Ifeoma Nwobu, Jumoke Dada, Damilola Olokesusi, and Olapeju Umah, showcasing the diverse talents and innovations of women in the tech space.

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The article also detailed the accomplishments of other winners at the event, such as Hannah Töpler of Intrare, Mexico, and Sarah Phiri-Molema of Deaftronics (Pty) Ltd, Botswana, who secured the second and third prizes, respectively. Their innovative solutions aimed at promoting inclusivity, fair employment, and accessible healthcare underscored the importance of supporting female-led startups in driving impact and change.

Partnering with Lagos Startup Week, Aurora Tech Award is spearheading efforts to empower female founders in tech, offering them a platform to showcase their innovations and receive the recognition they deserve. As the tech ecosystem continues to evolve, the focus on supporting women in tech remains crucial for fostering diversity, innovation, and sustainable growth in the industry.

Looking ahead, female founders with tech startups are encouraged to apply for the upcoming Aurora Tech Award, scheduled to open in September 2024. This presents a valuable opportunity for women entrepreneurs to gain visibility, support, and resources to scale their ventures and make a lasting impact in the tech sector.

Frequently Asked Questions (FAQs) Related to the Above News

What is the Aurora Tech Award?

The Aurora Tech Award is a global initiative that recognizes and supports female founders in IT and Tech startups. It provides funding, mentorship opportunities, access to investors, and media exposure to help scale their ventures.

How many applications were received for the Aurora Tech Award?

The Aurora Tech Award received 649 applications from female participants worldwide.

Who was the winner of the $30,000 prize money at the Aurora Tech Award?

Folake Owodunni, CEO & Founder of Emergency Response Africa, emerged as the winner of the $30,000 prize money.

What is the partnership between the Aurora Tech Award and Women Who Launch Track of Lagos Startup Week?

The partnership aims to bridge the funding gap for female founders in tech and promote equality in the entrepreneurship landscape.

What opportunities do winners of the Aurora Tech Award receive?

Winners receive mentorship opportunities, access to global investors, and media exposure to help scale their ventures.

When will the upcoming Aurora Tech Award open for applications?

The upcoming Aurora Tech Award is scheduled to open in September 2024.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Advait Gupta
Advait Gupta
Advait is our expert writer and manager for the Artificial Intelligence category. His passion for AI research and its advancements drives him to deliver in-depth articles that explore the frontiers of this rapidly evolving field. Advait's articles delve into the latest breakthroughs, trends, and ethical considerations, keeping readers at the forefront of AI knowledge.

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