Union Bank of Nigeria Plc Innovation Challenge for Young Nigerian Entrepreneurs

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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.

As we push through the “new normal” towards a “better normal”, businesses are looking for cutting-edge solutions that will set them apart in an increasingly competitive and complex environment.

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.

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. We are looking for you.

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.

Prizes

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 modelling geared towards potential integration to the Bank

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

For more information and to apply, visit https://www.unionbankng.com/unionx-innovation-challenge/

 

Important Notes

  • The above statements are intended to describe the general nature and level of work to be performed by people assigned to this job.
    They are not to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
    All personnel may be required to perform other responsibilities in addition to those specified from time to time, as needed
    • We do not charge any application, processing, training, interviewing, testing or other fee in connection with the application or recruitment process. Should you receive a solicitation for the payment of a fee, please disregard it. Furthermore, please note that emblems, logos, names and addresses are easily copied and reproduced. Therefore, you are advised to apply particular care when submitting personal information on the web
    • We are an equal opportunity employer and value diversity inclusion. We do not discriminate on grounds of colour, race, nationality, religion, age, ethnic origin, disability, gender, marital status, or sexual orientation in our employment practices
    • Our people are all equally gifted in unique ways: we come from diverse traditions, personal experiences and points of view. And we want to include yours, Are you ready to inspire us with your ideas?
    • We encourage all applicants to apply and does not practice any discrimination in any recruitment process.
    • Applications submitted after the deadline will not be considered.
    • Due to the urgency of the position, we have the right to recruit a candidate who matches the required profile before the above deadline
    • Only qualified candidates will be invited for interview

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