Post Image
  The Ugwumba Center for Leadership Development in Africa has launched the Ugwumba Enterprise Challenge, an idea-pitching competition which offers grants of various amounts as prizes to top competitors. This contest exists to shine a spotlight on some of Nigeria’s brightest and potentially impactful business and social enterprise ideas and present their initiators with funding that will aid them in bringing such ideas to life.
Read more about Opportunities
Founded by Ugwumba Uche Nwosu, the Ugwumba Center for Leadership Development in Africa has aided the emergence of over 5,000 SMEs, and nurtured a community of more than 20,000 entrepreneurs. It carries out some of this work through the Ugwumba Enterprise Challenge, an initiative that helps to empower deserving founders. This year’s edition of the Ugwumba Enterprise Challenge will be the 6th in the series.
Sign up for the Connect Nigeria daily newsletter


This program offers the following prizes to top competitors:
  • First Prize: ₦1.5 million
  • Second Prize: ₦1 million
  • Third Prize: ₦700,000
  • Fourth Prize: ₦500,000
  • Fifth Prize: ₦300,000

Register to attend the CN Business Mixer


This program is open to entrepreneurs from across Nigeria who have an idea for a business or social enterprise in any sector. Applicants should be aged between 18 and 40 years. Applications will remain open until September 9, 2023. If you would like to apply for this opportunity, you can do so HERE. Featured Image Source: Press Pay NG
Got a suggestion? Contact us:

You might also like:
This article was first published on 18th August 2023 and updated on August 20th, 2023 at 11:26 pm


Ikenna Nwachukwu holds a bachelor's degree in Economics from the University of Nigeria, Nsukka. He loves to look at the world through multiple lenses- economic, political, religious and philosophical- and to write about what he observes in a witty, yet reflective style.

Comments (1)

One thought on “The Ugwumba Enterprise Challenge 2023: Up to ₦1.5 Million on Offer”

  • The Ugwumba Enterprise Challenge 2023: Up to ₦1.5 Million on Offer. A truly fantastic offer, this must be used wisely.

Leave a Reply

Your email address will not be published. Required fields are marked *