The Zenith Bank Pitching Competition is a collaboration between Zenith Bank and Seedstars with the goal of supporting Nigerian minimum viable product (MVP) stage startups in advancing to the next stage of growth.
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The Zenith Bank Pitching Competition officially launches its open call for entrepreneurs in Nigeria with tech-enabled, scalable solutions designed to innovate businesses from different industries.
Ten of the most promising startups will be invited to the pitch competition happening at Zenith Tech Fair on November 22 and 23, where the winners could win up to N15 million in cash prizes.
The Zenith Bank Pitching Competition is a collaboration between Zenith Bank and Seedstars with the goal of supporting Nigerian minimum viable product (MVP) stage startups in advancing to the next stage of growth.
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The competition is set to identify promising businesses and support the best startups that are using technology and innovative ideas to help solve the problems of the present to build a better future in the following areas:
- Future of Wholesale and Retail
- Future of eCommerce
- Future of Payments
- Future of Lending
- Future of Wellness
- Future of Cybersecurity
- Future of EdTech
- Future of Electricity (power vending)
- Future of Agri-tech
- Future of Entertainment
Eligibility Criteria
- Existing startups/young tech companies (<3 years) in the Nigerian ecosystem;
- The startup must have a demonstrable product or service (MVP) or must demonstrate viability of business model;
- The startup needs to be scalable or have the potential to reach scalability;
- Startup must have a complete team;
- Startup must not have raised more than $75K; and;
- Startup must be operating in one of the sectors listed above.
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Benefits of Zenith Bank Startup Pitch Competition
The pitch competition taking place at the Zenith Tech Fair on November 22 and 23 will give the ten startups the opportunity to pitch their solutions for a chance to win the following cash prizes:
- 1st Prize: N15 million
- 2nd Prize: N10 million
- 3rd Prize: N5 million
The rest of the startups will be awarded a participatory prize of N1 million each, and the top 5 startups will receive follow-on mentorship through Seedstars’ Mentorship Hub that will enable them to continue scaling their businesses and receive additional support from a global network of experts and investors.
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