The Ugwumba Enterprise Challenge 2023: Up to ₦1.5 Million on Offer

Ikenna Nwachukwu

1 year ago

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.

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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 6^th in the series.

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Benefits

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

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Eligibility

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

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