Sterling Bank, in partnership with the Nigerian Economic Summit Group, is giving Startups an opportunity to ‘skyrocket’ their business with a startup grant up to $30,000 at the NES #24 Startups Pitching Event set to hold on October 21st, 2018.

The bank’s official statement discloses the event’s intention to “connect new Nigerian ventures seeking to raise funds with potential investors.” A total of eight startups will be selected with 5 minutes to pitch to prospective investors, and 10 minutes to answer questions.

Eligibility and benefits

Applications will be open to businesses:

  1. Registered in Nigeria with the Corporate Affairs Commission (CAC) and doing business for no more than five (5) years; and
  2. Engaged in any sector of the economy (agriculture, education, health, ICT, manufacturing, renewable energy and transport, etc.)

Application Requirements

  1. CAC Certificate of Incorporation
  2. Summary Business Plan (not more than 3 pages)
  3. Pitch Deck

Benefits to participants include potential investment opportunities, increased visibility and expert guidance on innovative ideas. Prospective investors will, in turn, gain the opportunity to identify early-stage businesses that align with their own investment strategy and invest in them. Entries close on the 6th of September. Click here to register.

What you didn’t know about the Nigerian Economic Summit Group (NESG)

  • The NESG was established and incorporated as a non-profit, non-partisan private sector organization.
  • It was established with a mandate to promote and champion the reform of the Nigerian economy into an open, private sector-led globally competitive economy.
  • It has emerged as the most important platform for public-private dialogue in Nigeria.
  • Since its inception, the organization has accomplished a great deal in terms of research outputs and implementation of programmes, seminars, conferences and workshops.
  • Its programmes are aimed at facilitating the formulation and implementation of social and economic reform programmes for the growth and transformation of the Nigerian economy.

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