Nigeria’s Zenith Bank has launched a pitch competition aimed at startups with tech-enabled, scalable solutions designed to innovate businesses from different industries.
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.
The 10 most promising startups will be invited to the pitch competition happening at Zenith Tech Fair on November 22-23, where the winners could win up to NGN15 million (US$34,000) in cash prizes.
“As a leading financial institution in Africa with several firsts in the deployment of innovative products and solutions that ensure convenience, speed, and safety of transactions, we have always been at the vanguard of and remain committed to promoting technological innovations in the country,” said Dr Temitope Fasoranti, executive director of Zenith Bank.
“In this vein, the Zenith Bank Tech Fair has been conceived – to discover, promote and empower the next big tech startups in Nigeria. It is our hope, therefore, that the fair will be a springboard for the competing startups and entrepreneurs, providing the needed support for them to become global technological brands in the near future.”
Startups can be active in any number of areas, including retail, fintech, wellness, ed-tech or agriculture, and can apply here until November 14.