Union Bank 2021 Innovation Challenge For Young Nigerians

Published: 08 Feb 2021

Union Bank Innovation Challenge is a concept of Union bank to assist young on solution driven concept. The Covid-19 pandemic has changed the world as we know it, setting the stage for innovators and creative thinkers to take the lead in developing groundbreaking solutions for unprecedented challenges.

If you are an entrepreneur in Nigeria with an exciting technology-focused Minimum Viable Product (MVP) then this is your time! Union Bank is hosting the fourth edition of the Innovation Challenge, UnionX, themed A New Discovery.

Union Bank Innovation Challenge

Application Deadline	February 28, 2021
Country to study	Nigeria
Type	Entrepreneurs
Sponsor	Union Bank

Union Bank Innovation Challenge Benefits

1. The best ideas will gain access to Union Bank’s network and its value chain to further develop their solution and scale. The top 3 startups will receive cash prizes of 2 million Naira, 1.5 Million Naira, and 1 million Naira respectively coupled with a 2-month incubation program.
2. The top 3 startups will also be supported with product development, distribution and business modelling geared towards potential integration to the Bank.

In addition, access to partners and mentors, alongside access to Union Bank’s customer base and employee expertise will be enjoyed by the winners.

Requirements for Union Bank Innovation Challenge

Early-stage startups in Nigeria, with a business registered in Nigeria and an available, innovative Minimum Viable Product (MVP) that has the potential to transform sectors that include but are not limited to Financial Technology, E-Commerce, Health, Education and Agriculture are invited to apply.

Application Deadline

February 28, 2021

How to Apply

Interested and qualified? Go to Union Bank on vc4a.com to apply