Nigerian startup LifeBank has been selected to participate in Merck Accelerator programme in Darmstadt, Germany. LifeBank was chosen along with 10 startups from different parts of the world by Merck.
The chosen startups will receive mentoring and coaching from a network comprised of over 50,000 experts from 66 countries, as well as benefit from financial support of up to US$61,000 and free workspace from which they can develop product prototypes and exchange ideas with other startup teams and Merck experts.
Nigeria’s Life Bank owned by Temie Giwa Tubosun, solves the problem of shortages in medical supplies by collating inventory information from thousands of medical suppliers using a combination of mobile and web applications. It joins startups from countries like Chile, Germany, Switzerland, Germany and the United States (US) in the programme.
Commenting, Michael Gamber, the head of the Merck Innovation Centre: “We are delighted to be here welcoming the 10 startups to Darmstadt. Being connected to the startup ecosystem is an essential part of developing collaborative projects with our colleagues from the business sectors, whilst also exploring our innovation fields such as bio-sensing and interfaces – from the startup perspective.”
“This year we received well over 400 applications. With such a high volume of excellent applications from startup teams, it was difficult to narrow down our selection but we now have a great group of teams joining us.”
