YOUNG ENTERPRENUER INNOVATION COMPETITION<
We are proud to announce the comprehensive initiative to foster innovation support young entrepreneurs, and both business and economic development in the country.
This initiative comprises of two components; The YEIC-Young Entrepreneur Innovation Competition to win grant prize fund startup and have access to our e-master class program. This initiative encourages participants to develop innovative solutions to pressing global challenges. By empowering our youth, we pave the way for a brighter future and cultivate the next generation of leaders.
Competition Structure
The Competition is structured in multiple phases. Each phase is designed to guide participants through innovation process as follows;
- Application Submission
- Successful Applicant Selection
- Pitch Day & Prize Grant award
- E-master Class
- Graduation
- Mentoring Support
Participants Benefits
GrantsPrize:
1st Place
₦ 2,500,000
2nd Place
₦ 1,500,000
3rd Place
₦ 1,000,000
Additional Benefit
The top three (3) will be admittedinto our e-master class program for free. Where the participants will gain continuous network opportunities, access to mentorship and potential funding for their projects.
Engaging in this competition not only enhances their skills but also opens doors to future career prospects and collaborations in various fields of human endeavor.
Stage 3 Pitch Day & Prize Grant award
The selected Contestant pitch their already submitted business proposal on the platform for the 5 panel of judges to score them objectively base on five (5) criterion rating 1-10.
- innovative of the business proposal.
- business/industry knowledge.
- Market Viability of the whole ideal.
- Pitching and Presentation.
- Projection and Forecasting.
Innovation focus areas:
- Power Generation
- Clean Energy
- Robotics
- Cyber security
- Renewable Energy
- Technologies
- Aeronautic
- Space and Satellite
- Software, and App development
- Artificial Intelligent
- Human Capital Development
Competition Objectives
The primary objectives of this competition include but not limited:
- promote research, innovation among Nigeria students in our various universities and encourage entrepreneurship.
- provide needed support for promising talent annually.
- Provide comprehensive long lasting business development support and mentorship.
- Invest in local startups and innovative solutions.
- Foster collaboration between academia, industry, and government.
- Create a network of successful young entrepreneurs who will contribute to economic development of Nigeria.
- Address socio-economic challenges and promote sustainable development in the country.
Conclusion -Stimulating Innovation
The Young Entrepreneur Innovation Competition and e-master class program is representing a dynamic swift in business building, grow and development in Nigeria to ensure building prosperous Nation of our dreams.