“Pitching is all about storytelling – No matter how complex your product might be the key to a successful pitch is telling a story that people can resonate with. Start with highlighting a true problem and help guide the audience to see your solution as viable.” – Oyihoma Saleh, Kosava CEO
One of the add-ons the eCommerce space in Nigeria, Kosava, has won the 2015 edition of the Wharton Africa Business Forum (WABF) Venture Competition that took place recently in Philadelphia.
Kosava battled against three other finalists Memunatu, Zuvaa, and Star’D, to get the $5,000 in funding. Every of the finalists are automatically shortlisted to compete for a spot in the ALN Ventures Accelerator.
For Kosava, participation at the 2015 WABF has a few take-homes
Feedback is key
“We had the opportunity to listen to experienced venture capitalists share their thoughts on our product,” said Oyihoma that the feedbacks were the most valuable takeaway from the competition.
Moving forward, the coupon curating platform looks forward to making good use of the very insightful feedbacks.
The Kosava learnt from Etisalat Nigeria Chairman, Hakeem Bello Osagie who in his keynote address encourage entrepreneurs to have courage, explaining that courage does not mean the absence of fear. He added that the fear of failure should not limit one’s ambitions but rather be the driving force to realizing success.
The WABF which is one of the oldest and largest Africa investment centric events in the Unites States, draws together the continent’s top business thinkers, innovators as well as executives to debate the theme and best practices driving growth and development in Africa.
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New Report: Nigerian startups raised $24.7 million in Q2 2019, 40% higher than Q1. Find out more in the latest quarterly edition of the Nigerian Startup Funding Report here.