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Zenith Bank 2024 Zecathon 4.0 Startup Pitch Competition For Nigerian StartUps (62 Million Naira Prize)

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Mercy Awofiranye
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Applications are open for the Zenith Bank 2024 Zecathon 4.0 Startup Pitch Competition For Nigerian StartUps. Apply Below:

When is the Application Deadline:

The application deadline for the Zenith Bank 2024 Zecathon 4.0 Startup Pitch Competition For Nigerian StartUps is 15 November, 2024.

Tell Me About The Award:

The Zenith Bank Startup Pitch Competition is a key highlight of the Zenith Bank Tech Fair, with the 2024 conference focusing on Embedded Finance, Cybersecurity & Growth Imperatives – The Impact of AI. This initiative is designed to discover and accelerate the growth of innovative Nigerian startups across sectors such as Fintech, AgriTech, HealthTech, E-commerce, and more.

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Which Fields are Eligible?

The following fields are eligible:

  • FMCG: Digital transformation in consumer goods
  • Insurance: Accessible digital insurance solution
  • Education: Enhancing learning accessibility
  • Retail & Ecommerce: Driving digital evolution in retail
  • Payments & Lending: Secure and scalable financial solutions
  • Cybersecurity: Advanced data protection and security
  • Agriculture: Modernized agricultural processes
  • Health: Improving healthcare access and delivery
  • Transportation & Logistics: Optimizing mobility solutions

Type:

Competition 

Who can Apply?

Also, to be eligible for the Zenith Bank Startup Pitch Competition & Incubation Program, applicants must:

  • Be an early-stage Nigerian startup with a registered business entity
  • Operate in one or more of the listed focus sectors
  • Demonstrate a viable product or Minimum Viable Product (MVP) with initial market traction
  • Present a scalable business model with clear growth potential

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Program Structure:

  • Phase 1: Startup Pitch Competition: Showcase your startup’s innovation and compete for cash prizes
  • Phase 2: Incubation Program: The top 10 finalists move into an intensive incubation program to refine their business models and strategies for scalable growth over six weeks, beginning shortly after the pitch competition.

Competition Timeline:

  • Application: 8th – 15th November, 2024
  • Announcement of Finalists: 18th November, 2024
  • Pitch Competition: 21st November, 2024
  • Incubation Program: Dec. 2024 – Feb. 2025

Which Countries Are Eligible?

Nigeria

Where will the Award be Taken?

Nigeria 

How Many Awards?

Not specified

What is the Benefit of the Award?

Additionally, the program benefits include:

  • Cash Prizes: Top three startups receive ₦25 million, ₦20 million, and ₦15 million respectively; all other finalists receive ₦2.5 million.
  • Investor Access and Mentorship: Connect with investors, seasoned entrepreneurs, and experts, opening doors for follow-on funding and strategic partnerships.
  • Strategic Resources: Intensive training in financial management, product development, branding, and market positioning for business growth.
  • Networking and Exposure: Engage with corporate leaders and potential partners through exclusive events and pitch sessions.
  • Growth Opportunities: Collaborate with industry leaders for technical support, co-development, and market entry support to drive scalability.

How Long Will the Award Last?

3 months 

How to Apply:

To apply, fill out the application form here

Author

  • Mercy Awofiranye is a creative writer with over five years of experience. Currently, she specializes in creating helpful content for students in the education space. When she's not writing, she enjoys reading, cooking, and learning new things.

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