Nigerian based startup, Green Energy, won the prize for being the ‘Most Innovative’ at the just concluded finals of the Seedstars World competition in Geneva.

In the keenly contested competition, Green Energy (with Choji Bareas CEO) came out tops in the category for “start-ups that continuously pushed the envelope” awarded by The School of Management Fribourg. Other start-ups won in different other categories, with Salarium from Philippines emerging the overall winner, taking home an equity investment worth $500 000.

The Seedstars World Fund allows investors to invest in a selection of top startups from its global startup competition covering 35 emerging markets and fast growing startup scenes around the world. The event features 36 start-ups in emerging tech hubs from around the globe competing for a $500 thousand equity investment that will be used to fund their business models.


“Seedstars World will hold its worldwide competition every year and grow exponentially to all the corners of the world and put all the fast growing startup scenes on the map! Indeed the objective of Seedstars World is to create THE network for quality entrepreneurs around the world and help entrepreneurs, accelerators/incubators, co-working spaces and investors to interact with one another,” said Seedstars World co-founder, Alisee de Tonnac.

Seedstars World is an exclusive startup competition that happens in emerging markets. Only high quality startups can receive an invitation and are chosen following a strict selection process. The winner is crowned with the prestigious denomination ‘Seedstars World Best Startup’.

Green Energy, a company registered in Nigeria with offices in Uyo, Akwa Ibom State, Lagos and Abuja, converts municipal solid waste and other organic environmental impedes to liquid petroleum products and electrical energy.

Olumuyiwa Coker Author

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