Ekiti Enterprise Challenge 2023 (₦1.5 Million Grant)

Ekiti Enterprise Challenge (EEC) is a Social Impact Driven Community based enterprise Pitch competition organized to Identify, Discover , Support, Mentor and Fund brilliant, creative, talented and innovative young Ekiti entrepreneurs who resides and are established in Ekiti communities with   business ideas that have potentials to create decent work and sustainable jobs, grow exponentially and scale beyond Ekiti local market to a national and global market.

At Innovate Africa Growth Initiative, we organize Ekiti Enterprise Challenge because we believe access to capital and lack of capacity to scale are part of major issues affecting young entrepreneurs that Ekiti Enterprise Challenge hopes to solve. Many young businesses in Ekiti have not been able to scale up to explore national and global opportunities despite having very brilliant and innovative ideas.

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We wish to announce to the general public that activities process for the second of Ekiti Enterprise Challenge are as follows:

• Ekiti Festival of Ideas will be an entry qualification into Ekiti Enterprise Challenge

• The Best Business ideas will be selected by a team of independent reviewers and invited to showcase, demonstrate and exhibit

• The Best Ideas showcased will be selected and invited to a one week Residential Ekiti Enterprise Development Boot camp

• The winning enterprise selected by an independent panel of Judges will receive a Grant Prize of One Million Naira (N1, 500,000) while 2 runner ups will be awarded consolation Prizes Seven Hundred & Fifty Thousand Naira (N750,000), for the first runner up and Five Hundred Thousand Naira (N500,000) for the second runner up

Eligibility Criteria

To be eligible to participate in the Challenge, an applicant:

1. Must be above 18 years of age but not older than 45 years
2. Must be an indigene of Ekiti with evidence of Local Government Attestation
3. Must be resident in Ekiti or willing to establish in Ekiti Ideal Criteria For Business Ideas We are looking For

Application

Deadline for applications is 30th June 2023

Visit Ekiti Enterprise Challenge webpage for more information and how to apply

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