The Zenith Bank Startup Pitch Competition is now open for applications for the 2024 edition.
Recommended
This competition offers Nigerian startups the chance to win prizes worth ₦77.5 million while gaining exposure and expert mentorship.
About the Competition
The Zenith Bank Zecathon is a major feature of the Zenith Bank Tech Fair 2024.
The conference will focus on Embedded Finance, Cybersecurity, and AI-driven growth opportunities.
This competition aims to identify and support innovative startups across sectors such as Fintech, AgriTech, HealthTech, and E-commerce.
Startups will benefit from a competitive platform that combines pitching and an incubation phase.
The initiative provides startups with tools, mentorship, and funding to grow and impact Nigeria’s digital economy.
Eligibility Criteria
To participate, startups must meet the following requirements:
- Be registered as a business entity in Nigeria.
- Operate in one or more of the listed focus sectors.
- Have a viable product or Minimum Viable Product (MVP) with market traction.
- Present a scalable business model with growth potential.
Benefits of the Competition
Participants will have access to cash prizes and other opportunities:
- The top three startups will win ₦25 million, ₦20 million, and ₦15 million, while all other finalists will receive ₦2.5 million.
- Startups will gain access to investors and seasoned mentors for funding and partnerships.
- Participants will receive training in financial management, product development, branding, and market positioning.
- The competition offers networking opportunities with industry leaders and potential collaborators.
- Startups will also receive technical support, co-development assistance, and market entry support.
Focus Sectors for Innovation
Startups working in the following areas are encouraged to apply:
- FMCG (Digital transformation in consumer goods).
- Insurance (Digital solutions for accessible insurance).
- Education (Improving access to learning).
- Retail and E-commerce (Advancing digital retail experiences).
- Payments and Lending (Secure financial solutions).
- Cybersecurity (Enhancing data protection).
- Agriculture (Modernizing farming processes).
- Health (Improving healthcare delivery).
- Transportation and Logistics (Optimizing mobility solutions).
How to Apply
Interested startups can submit their applications through the Zenith Bank Pitch Competition application page.
For more details, visit the official competition page.
The deadline for applications is 15th November 2024.
This competition provides startups with a platform to scale and shape the future of innovation in Nigeria.
I hope you find this article helpful.
