Nigerian healthcare startup, LifeBank recently emerged as a winner at the 2018 MIT Solve Global Challenge. The startup won under the “Frontlines of Health” Challenges category which is targeted at how communities invest in frontline health workers and services to improve their access to effective and affordable care.
LifeBank beat seven other startups to win in this category.
The 8 Solver Teams for #FrontlinesofHealth Challenge. #SolveFinals pic.twitter.com/jpNf5NbC81
— SolveMIT (@SolveMIT) September 23, 2018
The other startups are Ada4CHW (Germany), Akiba ya Roho (Kenya), E-Heza Digital Health Record (Rwanda), MediCapt (USA), Neopenda (USA), Refugee Health Workforce Answer To Global Skill Shortage (Switzerland), and Sexperto (Mexico).
LifeBank is a Nigerian health startup founded by Temie Giwa-Tubosun. Earlier this year, the company raised $200,000 for expansion.
Solve is an initiative of the Massachusetts Institute of Technology (MIT) that advances lasting solutions from tech entrepreneurs to address the world’s most pressing problems. Each year, Solve issues four Global Challenges to find the most promising Solver teams who will drive transformational change. Solve then builds and convenes a community of leaders and changemakers to form partnerships these Solver teams need to scale their impact.
There’s more than $650,000 of prize funding available for this year’s Solver class. Each Solver will receive $10,000 in financing from Solve. Additional fellowships and grant prizes range from $25,000-$100,000 and are available from Solve’s partners General Motors, the Patrick J. McGovern Foundation, Consensys, and RISE.
However, being a Solver is about much more than prize funding.
Solvers will also receive 12 months of personalized support with curated access and intentional introductions to members of Solve’s community—leaders from corporations, foundations, nonprofits, government, and academia. Through these connections, each solver will build the partnerships needed to accelerate his/her work, validate the impact and business model, and scale the solution.
