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PROGRAM
Supporting Nigerian MVP stage startups in advancing to the next stage of growth
About the program
Our mission through this initiative is not only to recognize but also to spotlight, foster connections, provide rewards, and offer invaluable mentorship to promising Nigerian startups whose innovative solutions hold the promise of redefining the future of business across Africa. Zenith Bank is dedicated to empowering exceptional startups that leverage technology and pioneering concepts to address contemporary challenges, forging a path toward a more promising tomorrow in the following domains.
Domains
An impressive sum of 52 million Naira in cash prizes and awards awaits the triumphant participants. The top 12 teams will be graced with cash prizes, an essential fuel for propelling their dreams to fruition. These outstanding teams will not only possess an MVP but also a clearly defined growth trajectory. Additionally, the remaining 9 startups among the participants will each receive a generous cash prize of 1 million Naira.
The grand prize is 20 million naira plus an opportunity to pitch investors and gain access to the Seedstars Mentorship Hub.
The second-placed team will receive 15 million naira in prize money and a scholarship into the Seedstars mentorship hub.
The third-placed team will receive 10 million naira plus a scholarship into the Seedstars mentorship hub.
Application Criteria
Application period
9 -14 of November 2022
Selected participants announcement
17th of November 2023
Pitch competition
22nd & 23rd of November
Follow on program
Dec 2023 - Feb 2024
Program Benefits
The 10 selected startups will gain access to training and mentorship to help them prepare for the 2-day pitching competition being held at the Zenith Bank Tech Fair on the 22nd & 23rd of November 2022.
The rest of the 12 startups (4th - 12th) will be awarded a participatory prize of N1m (One million naira) each.
