StarNews Business Competition for Nigerian Entrepreneurs 2024

Published: 28 Mar 2024

StarNews Mobile and the Global Black Economic Forum (GBEF) have announced a call for applications for the launch of their Business Competition in Lagos, Nigeria which seeks to empower Nigeria’s most promising businesses that are classified as Small-Medium Enterprises (SMEs) with invaluable investment and partnership opportunities from the United States. The competition held in partnership with MTN and the United Nations Agency for International Development (USAID), will offer a platform for emerging entrepreneurs to showcase their ventures and gain national visibility over 10 weeks between April 8 to June 14, 2024. It will be hosted exclusively

Launched in 2017, StarNews Mobile empowers African content creators with the unique opportunity to monetize their work through a subscription model, boasting over 4 million subscribers and a thriving community of more than 120 content creators. With a strong presence across six countries including Cameroon, Nigeria, Côte D’Ivoire, Congo, Benin and Ghana, the platform has also established key partnerships with major telecom operators such as MTN and Orange.

StarNews Mobile Business Competition

Application Deadline	April 5, 2024
Value	N5,000,000
Funding Type	Partially Funded
Type	Entrepreneurs
Sponsor	StarNews Mobile
Gender	Men and Women

Benefits of StarNews Mobile Business Competition

• Mentoring
• Funding
• Partnerships
• Access to socio-economic development tools through the Global Black Economic Forum.
• Participants also have the potential to win cash prizes worth up to NGN5,000,000 from StarNews,
• Gain access to StarNews’s network of investors, and achieve national visibility by having their business featured on the StarNews web platform.
• The top three winners will receive coaching from GBEF’s Academy for Advancing Excellence and become part of GBEF’s ecosystem of global leaders dedicated to social and economic justice across the Black Diaspora

Requirements for StarNews Mobile Business Competition

• Business should be at least 50% Nigerian-owned and operated.
• Business should be registered in Nigeria with a valid CAC.
• Business activities should be mainly taking place in Africa
• Must have a web/social presence with a minimum of 1,000 followers
• Have been in a formal business for at least 2 years and have at least 2 years of consecutive turnover
• Generate positive impacts for Africa by contributing directly to SDGs.

Application Deadline

April 5, 2024

How to Apply

Interested and qualified? Go to StarNews Mobile on bit.ly to apply