How to Apply for Zenith Bank N59m Zecathon Startups Grant

Zenith Bank Plc has called for applications from eligible Nigerian Startups for its N59 million grants via its pitch competition known as Zecathon 3.0. The competition offers young Nigerian innovators opportunity present their ideas and be rewarded for their inventions.

Other benefits participants would get include  business support through training, mentorship, and investor networking opportunities, enabling startups to achieve growth.

 Eligibility for Startups 

The bank stated that the programme l, which organised in partnership with accelerator company, Seedstarts, is founded with a vision to shape the future of business in Africa.

In a statement by the bank’s Executive Director, Temitope Fasoranti, on 10 November 2023, the startups interested in participating in the Zecathon should already be at the MVP stage with a whole team and have raised about $75,000 in funding. 

Fasoranti said the  programme aims to upscale startups leveraging technology to solve contemporary problems.

The startups must operate within the following niches:

  • Retail, 
  • e-commerce, 
  • Fintech (payments,  lending), 
  • MedTech (wellness),
  • Cybersecurity, 
  • EdTech, 
  • Energy, 
  • AgricTech, 
  • Entertainment, 
  • Transport and logistics, and 
  • SMEs.

Categories of Grants

1st Prize: N20m– plus an opportunity to pitch investors and access the Seedstars Mentorship Hub. 

2nd Prize: N15m – including a scholarship into the Seedstars mentorship hub. 

3rd Prize: N10m – complemented by a scholarship into the Seedstars mentorship hub. 

The subsequent 10 startups will each be granted a participatory prize of N2m.

The bank said winners would get other benefits other than get cash rewards such as  pitch training, be part of a follow-up programme, and access Seedstars’ global network. 

How to Apply

To apply for the  Zenith Bank Zecathon Grant, log into the Seedstarts website using the link:

Wish you good luck!

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