Applications are open for the Deji Alli Young Talent Award (DAAYTA) 2025 For Nigerian Start-Ups to win up to ₦12 million naira Grant. Apply Below:
When is the Application Deadline:
The application deadline is 14th January 2025.
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Tell Me About The Deji Alli Young Talent Award For Nigerian Start-Ups:
The Deji Alli ARM Young Talent Award (DAAYTA) is an annual initiative launched in 2015 by Asset & Resource Management Holding Company Limited (ARM) in honour of its founding CEO, Deji Alli. The program empowers young Nigerian entrepreneurs to develop innovative startups contributing to Nigeria’s economic growth. DAAYTA focuses on creating sustainable impact through ideas that align with the Sustainable Development Goals (SDGs) while generating financial returns and fostering societal progress.
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Which Fields are Eligible?
The following fields are eligible: Agriculture, education, healthcare, housing, transportation, IT
Type:
Funding/Grant
Who can Apply For The Deji Alli Young Talent Award For Nigerian Start-Ups?
The eligibility criteria include:
- Be a citizen of Nigeria
- be between 18 and 35 years of age
- submit their application which must be their original work
- have an MVP (minimum viable product) i.e. you have customers
- must be a limited liability company duly incorporated in Nigeria
- must be operating the company on a full-time basis
- must commit to be physically available to fully participate in the DAAYTA programs and activities – Entrepreneurial education programme at the Pan Atlantic University’s Enterprise Development Centre in Lagos, Nigeria
- must commit to be available (physically or virtually) to participate in the 5-month acceleration support for the development of their venture
- be able to fund his/her/team’s travel expenses and other associated costs if required
- be physically available (with co-founders/team where they exist) for the 2-day Pitch Workshop and Final Pitch Event scheduled for April 9 – 10, 2025
- understand the business of ARM, what we stand for, and
- be ready to represent ARM as an Ambassador
Required Documents:
The required documents include:
- Proof of incorporation.
- MVP details and traction.
- Personal and business identification.
How are Applicants Selected?
- Innovation and societal impact.
- Viability and scalability.
- Alignment with focus sectors (e.g., agriculture, healthcare).
Which Countries Are Eligible?
Nigeria
Where will the Award be Taken?
Nigeria
How Many Awards?
Not specified
What is the Benefit of the Deji Alli Young Talent Award For Nigerian Start-Ups?
Additionally, the winner of DAAYTA 2025 shall, subject to the Terms & Conditions, receive funding of ₦12,000,000 (twelve million naira) over one (1) year for the following purposes:
- Contribution to working capital.
- Participation in an entrepreneurial education program at the Pan Atlantic University’s Enterprise Development Centre in Lagos, Nigeria. (duration is 4 – 5 months)
- 5-month acceleration support services for the development of their venture by TVC Labs.
How Long Will the Award Last?
One year
How to Apply:
Submit the application through the DAAYTA portal.