Do you have what you’d call a very innovative idea that is capable of changing the entirety of our economy, or would even make the smallest impact on it? Then friend, you might have just opened the perfect thread to lead you on a part to financing your idea.
Let me introduce to you the launch of an initiative called The Union Bank Centenary Innovation Challenge, by the Union bank of Nigeria, which is aimed at encouraging entrepreneurs with very innovative ideas.
The Union Bank Centenary Innovation Challenge has a mission to impact on the future of Nigeria by throwing full weight behind and supporting home grown innovative ideas. Aligned with three strategic pillars identified by Union Bank, the challenge focuses on addressing the SDGs – specifically agriculture, education and financial inclusion.
So if you are interested, regardless of the walk of life that you are, you can submit your proposal.
The program would help the three (3) best ideas with the required support to bring their ideas to life through the CcHub Incubation Programme to hold between June and December 2017. And that’s not all, as the winners will also get additional cash support of ₦2 million, ₦1.5 million and ₦1 million respectively.
Entry materials (document and video) must be submitted online via the official website. All submissions must include a full description of the project/product/concept in a document written in plain English and should not be more than 1,000 words.
READ MORE: World Bank To Support Startups In Africa
Deadline is Friday 19th of May, 2017. So I’d advice you don’t just keep your innovative idea to yourself. You can make it come to life by applying for this challenge. Best of luck.