First City Monument Bank and The Wennovation Hub, present the FCMB Wennovation AgriTech Incubation Program for Nigerian Entrepreneurs. The Wennovation Hub program is aimed solely at innovators developing tech-based solutions that ensure food security in Nigeria.
It is set out to guide these early stage entrepreneurs to test and validate their ideas as well as gather their first set of customers or pivot if need be. This is done through a combination of financial support, guidance and training from the program. The secondary objective of the Wennovation Hub Program is to prepare these startups for acceleration.
Applications from the entrepreneurs are requested to focus on the problem statements below :
To apply, you must be an Early-stage Nigerian agri-tech startup.Table of Content
FCMB is a large financial services provider in Nigeria, offering retail banking, corporate banking and investment banking services to large corporations, small and medium enterprises, as well as individuals. As of December 2011, the bank's total assets were valued at US$$3.65 billion (NGN:593.3 billion), with shareholders' equity of approximately US$772.2 million (NGN:117.4 billion)
The Wennovation Hub incubation program is set out to guide early stage entrepreneurs to test and validate their ideas as well as gather their first set of customers or pivot if need be. We do this through a combination of financial support, guidance and training
Early-stage Nigerian agri-tech startups.
The program commences with a one-week immersion component where selected startups get to interact with community members through Wennovation Hub immersion partners. Startups who successfully complete the immersion programme and the required reporting commitments will be invited to a two-week bootcamp in Lagos.
The program is concluded with a demo day in September, with all successful startups to be taken into a six-month post-bootcamp aftercare program.
For more details, please visit the scholarship website here