Union Bank of Nigeria Plc Innovation Challenge for Young Nigerian Entrepreneurs
The Covid-19 pandemic has changed the world as we know it, setting the stage for innovators and creative thinkers to take the lead in developing groundbreaking solutions for unprecedented challenges.
Union Bank is hosting the fourth edition of the Innovation Challenge, UnionX, themed A New Discovery.
This challenge is open to innovative and creative entrepreneurs with solutions that have the potential to transform sectors that include but are not limited to Financial Technology, E-Commerce, Health, Education and Agriculture. We are looking for you.
Who can Apply for the program?
Early-stage startups in Nigeria, with a business registered in Nigeria and an available, innovative Minimum Viable Product (MVP) that has the potential to transform sectors that include but are not limited to Financial Technology, E-Commerce, Health, Education and Agriculture are invited to apply.
The top 3 MVPs will receive cash prizes from Union Bank and incubation support by GreenHouse Capital, while fully engaging with Union Bank.
What are the Prizes to be won?
The best ideas will gain access to Union Bank’s network and its value chain to further develop their solution and scale. The top 3 startups will receive cash prizes of 2 million Naira, 1.5 Million Naira, and 1 million Naira respectively coupled with a 2-month incubation program.
The top 3 startups will also be supported with product development, distribution and business modelling geared towards potential integration to the Bank.
In addition, access to partners and mentors, alongside access to Union Bank’s customer base and employee expertise will be enjoyed by the winners.
Other Government Programs For Nigerian Entrepreneurs
- Payroll Support Registration
- Guaranteed Offtake Registration
- Nigeria Youth Investment Fund
How to Apply for the Competition
If you want to apply for the Union Bank of Nigeria Plc Innovation Challenge for Young Nigerian Entrepreneurs, visit https://www.unionbankng.com/unionx-innovation-challenge/
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