The 2024 Ugwumba Enterprise Challenge (UEC) is a prestigious annual competition aimed at fostering innovation, job creation, and economic development across Nigeria. This is the 7th edition, and it provides a platform for young entrepreneurs, aged 18 to 40, to pitch their business ideas or social enterprise concepts for potential transformation into successful ventures.
Key Dates:
Call for Applications: August 16 – September 23, 2024
UEC 2024 Open Day: September 25, 2024
UEC Boot Camp: September 27 – October 19, 2024
1st Preliminary Pitching Competition: October 21 – 30, 2024
Announcement of Top 20 Startups: November 04, 2024
2nd Preliminary Pitching Competition: November 06 – 20, 2024
Announcement of Top 10 Finalists: November 26, 2024
Grand Finale in Abuja: December 03, 2024
Prizes for the Grand Finale:
1st Prize: N2 million
2nd Prize: N1 million
3rd Prize: N700,000
4th Prize: N500,000
5th Prize: N300,000
Consolation Prizes: N100,000 each for the 6th – 10th finalists
This competition offers a fantastic opportunity for young entrepreneurs to gain funding and mentorship, while contributing to Nigeria’s economic growth.
HOW TO APPLY
