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Union Bank 2021 Innovation Challenge For Young Nigerians

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.

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About Union Bank

Union Bank of Nigeria Plc., commonly known as Union Bank of Nigeria, is a commercial bank in Nigeria. The bank has been operating in Nigeria since 1917 and is one of Nigeria's long-standing and most respected financial institutions, offering a portfolio of banking services to individuals, SMEs, commercial and corporate clients. Their vision is to be Nigeria's most reliable and trusted banking partner. Our missions to make lives better by delivering the simplest, smartest solutions and guaranteeing the best experience every time.... read more


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Union Bank Innovation Challenge


Aim and Benefits of Union Bank Innovation Challenge

  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 Qualification

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.


Checkout: How To Write A Scholarship Essay - Scholarship Essay Examples

Application Deadline

February 28, 2021


How to Apply

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

For more details, visit Union bank website



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