Slice Biz, the winner of the 2012 Startup Weekend Accra, a Global Entrepreneurship Week Ghana event has been chosen as one of the winners of this year’s Apps4Africa competition. Slice Biz , an investment platform providing alternative financing for startups in Africa and emerging markets was adjudged winner by the panel of judges.
Slice Biz, founded by William Edem Senyo, a Ghanaian entrepreneur and Heather Cochran, a former social worker from California, wants to increase the global pool of startup investors with a new generation of young startup entrepreneurs around the world connected with business-savvy middle class through innovative financing models, all in a bid to unlock growth in the global startup ecosystem.
The company’s mission is to unlock a whole new funding market for startups to access finance by creating the framework that makes it easy and appealing for middle class Africans and young professionals to invest small amounts of their disposable income into high-growth startups with proven potential to give high return on investment.
The Apps4Africa scheme is funded by the US State Department and the World Bank. It gives awards of $10,000 (£6,500) to three selected projects with the possibility of top-up funds if the winners meet set targets.
Slice Biz aims to be the Kickstarter, Indiegogo or GoFundMe of Africa.
Previous awards includes Finalist, UT Bank Ghana Enablis Launchpad Business Competition, Shortlisted Applicant, Kairos 50
Co-founders named as Fellows of the Kairos Society, Co-Founders named as part of “50 Africans you should know about in 2013”
The other winners are Prowork from Nigeria and Uganda’s Ffene.