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

This challenge is open to innovative and creative entrepreneurs with solutions that have the potential to transform sectors that include but are not limited to Financial Technology, E-Commerce, Health, Education, and Agriculture.

Rules & Eligibility

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.

The top 3 MVPs will receive cash prizes from Union Bank and incubation support by GreenHouse Capital, while fully engaging with Union Bank. Find out more about the challenge here:  Terms and Conditions

Prizes & Incubation

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.

The top 3 startups will also be supported with product development, distribution and business modeling 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.

Closes: February 28, 2021 and click here to apply.

Musa Suleiman
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