Call for Applications: Ugwumba Enterprise Challenge

The Ugwumba Enterprise Challenge is an initiative of the Ugwumba Movement geared toward providing funding opportunities for African Youths in Business. The Program Highlights include the idea Pitching, Online Bootcamp for over 1000 Youth, Presentation of Awards to the Best Ideas.

This is a Call for Applications for the Ugwumba Enterprise Challenge: Abuja Edition, scheduled to hold on the 30th of August, 2024 at the Abuja International Conference Center.

Based on the Successful conduct of the Ugwumba Enterprise Owerri Challenge in May 2024, The Program has gotten Sponsorship from National Directorate for Employment (NDE), Standards Organization of Nigeria (SON), Corporate Affairs Commission (CAC), NAFDAC, Industrial Training Fund (ITF).

The Ugwumba Enterprise Challenge is an idea pitching and grant competition for young entrepreneurs and innovators, who have ideas that we can transform into mega business ventures with grants, training, and mentoring opportunities.

About the Sponsor?

Competition Eligibility

This edition is open to all young Nigerians between 18 and 30 years, who have ideas that can be transformed into successful business ventures or social enterprises.

This edition shall be open for all young Nigerians, who have ideas that can be launched into successful businesses or social enterprises.

Must be an Entrepreneur with a cutting edge Idea. The Challenge shall be for male and Female Innovators who can make it to Abuja for the Grand Finale

Through the Enterprise Challenge, about 1,000 Nigerian youths who have various business ideas shall be admitted into the Online Boot Camp which commences on the 19th of August, 2024.

How Much Can I Win at the Ugwumba Enterprise Challenge?

The Competition has attracted an Increase from the previous Edition in Owerri. The Winner with the best Idea gets the grand prize Stated below. Other Gifts and prizes are stated below.

• 1st Prize: N1 million
• 2nd Prize: N700,000 (seven hundred thousand naira)
• 3rd Prize: N500,000 (five hundred thousand naira)
• 4th – 10th N50,000 consolation prizes for each

How can I win the Challenge?

Make sure you have a very sharp innovation and the Innovation is very scalable. Remember all winners must pass through the pitching Competition. Prepare to pitch your Ideas. Learning and practicing communication Skills as a good idea needs a powerful pitch to scale through.

Remember to sell yourself in the game your speech should drive the personality you are into the process. Never disobey the regulator. Carefully arrange your powerful points to come before the time is up.

You can follow and also be part of the ongoing conversations about this national event with these hashtags, #UgwumbaEnterpriseChallenge, #UECAbujaEdition, #UgwumbaLeaders

Therefore, to apply for this challenge, visit the link below now

Challenge Deadline

The Application for the Abuja Edition is open from 01 August 2024. The deadline for submission of applications for this challenge is on the 16th of August, 2024.

Through the Enterprise Challenge, about 1,000 Nigerian youths who have various business ideas shall be admitted into the Online Boot Camp which commences on the 19th of August, 2024.

At the end of the 7 days Boot Camp, 10 finalists with the best ideas shall emerge and will be allowed to “pitch” their ideas before the general public and a panel of judges at the grand finale on August 30, 2024.

This challenge is currently not available.

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