The Ugwumba Enterprise Challenge is our idea pitching and grant competition designed to empower young people in Africa turn their ideas, skills and passions into scalable business ventures or social enterprises.
We adopted this pitching competition model because it challenges the creativity and the audacity of our young people to survive as entrepreneurs. All applicants pass through a compulsory Boot Camp and Pitching Competitions and those with best business ideas receive both financial and technical supports from us.
Benefits of NESG Ugwumba Enterprise Challenge
Ugwumba Enterprise Challenge and stand the chances of winning any of our star prizes, as follows:
1st Prize (N2 million)
2nd Prize (N1 million)
3rd Prize (N700,000)
4th Prize (N500,000)
5th Prize (N300,000) and
Consolation Prizes (N100,000) each for the remaining 6th – 10th finalists.
Requirements for NESG Ugwumba Enterprise Challenge
It is open to young entrepreneurs in Nigeria between 18 – 40 years of age, who have ideas that we can transform into successful business ventures or social enterprises.
Selection Process
Timeline
Call for Applications - August 16 – September 16, 2024
Admission into Boot Camp - September 18, 2024
UEC 2024 Open Day - September 20, 2024
UEC Boot Camp - September 23 – October 18, 2024
1st Preliminary Pitching Competition - October 21 – 30, 2024
Announce Top 20 Startups - November 04, 2024
2nd Preliminary Pitching Competition - November 06 - 20, 2024
Announce Top 10 Finalists - November 26, 2024
Grand finale in Abuja - December 03, 2024
Application Deadline
September 16, 2024
How to Apply
Interested and qualified? Go to Tertiary Education Trust Fund (TETFUND) on docs.google.com to apply
Share this post
Aneke victor
I reallly need help to complete my university education
Ikpegbu Godwin
First of all, I want to sincerely appreciate the organizers and sponsors of this youth empowerment initiative Also, I would like to know if the Last 10 finalists Logistics to Abuja and back, for the grand finale would be paid for by The NESG Ugwumba enterprise?
alaribe nkechi
That's the way to go. Empowering the youths and securing their future. God bless the organizers of this program.