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Celebrating the success of ALIP 5.0: A recap of Cohort 5

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ALIP Cohort 5, which commenced on 15th May, 2023, continued the tradition of excellence, bringing together a diverse cohort of promising startups poised to make significant strides in their respective industries.

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Among the selected startups for Cohort 5 were Arich, GoNomad, Farmer1st, Periculum, and Wano. Each of these startups showed tremendous potential and embarked on a transformative journey throughout the programme.The 5th Cohort experienced a programme overhaul and implemented stricter investment criteria. Startups were mandated to showcase market demand, validate their market, and present a well-defined growth strategy, among other prerequisites.

Periculum offers customised data analytics solutions to help companies extract deeper insights from their data using their flagship product, Insight. While they successfully completed the ALIP 5.0 programme and met all investor criteria, their funding needs exceeded the investment ticket for the programme.

Going forward, ALIP reaffirms its dedication to nurturing and empowering Nigerian startups, providing them with the necessary tools and support to excel in an ever-changing business environment. As we conclude Cohort 5, we invite aspiring entrepreneurs to apply for ALIP Cohort 6 through our website, where they can access the application and begin their entrepreneurial journey.

 

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