Co-Creation Hub (CcHub) has offered funding and support to tech projects, which aim at combating coronavirus.
The tech startup stated that the funding and engineering support, which would be made available to the tech projects, would curb the social and economic impact of Coronavirus.
As posted on the company’s website, CcHub will provide $5000 to $100,000 funding blocks to companies with COVID-19 related projects covering last-mile communication, support for the infected and the most vulnerable, production of essential medical supplies and support for disrupted food supply-chains.
The organization, and its iHub affiliate, will also open up engineering support and resources from its CcHub Design Lab to funded companies.
According to CcHub CEO, Bosun Tijani established startups which want to create COVID-19 related projects on the side of their core-business can apply.
The initiative, according to the CcHub boss, however, stemmed from concerns that Africa could be less prepared than other regions in dealing with an outbreak of the virus that started in China, spread to Europe and the U.S. and is wreaking economic havoc globally.
“Quite a number of African countries, if they get to the level of Italy or the UK, I don’t think the system…is resilient enough to provide support to something like that,” Tijani said.
Tijani expressed hopes that CcHub can employ its network and resources to limit the spread and damage of Coronavirus in Africa.
Since the outbreak of the Coronavirus pandemic, Nairametrics understands that it is impacting the world economy negatively, as varying industries across the globe have shut down.
Football leagues and competitions have suspended their activities, meetings and conferences have been suspended. Schools have closed and flights have been cancelled, as the virus spread is on the rise.