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Home Why Startups Are Entering Zenith Bank’s N70 Million Competition
Educational Desk
Education

Why Startups Are Entering Zenith Bank’s N70 Million Competition

Educational DeskMd EliasOctober 15, 20253 Mins Read
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Zenith Bank has officially opened applications for its 2025 Startup Pitch Competition and Incubation Program. The deadline for submissions is October 31, 2025. This initiative aims to spotlight and fund Africa’s most promising technology innovators.

Zenith Bank Startup Pitch Competition

The program is a cornerstone of the upcoming Zenith Bank Tech Fair. It specifically targets startups working in generative AI and other emerging technologies set to transform key industries across the continent.

Substantial Funding and Strategic Support for African Innovators

The competition offers a significant financial incentive. The total prize pool is ₦70 million. The first-place winner will receive ₦30 million.

Four other finalists will each be awarded ₦10 million. According to Reuters, such corporate-backed funding is crucial for bridging the early-stage investment gap in Africa’s tech ecosystem. Beyond cash, winners gain access to a comprehensive incubation program.

This includes mentorship from seasoned entrepreneurs and experts. Startups will also receive intensive training in business fundamentals. The goal is to equip them for sustainable growth and scalability.

Driving Economic Growth Across Key African Sectors

The competition focuses on startups creating solutions in vital sectors. These include Fintech, AgriTech, HealthTech, and ClimateTech. E-commerce and cybersecurity are also key focus areas.

This targeted approach ensures the program supports businesses with high impact potential. It addresses pressing challenges while creating new market opportunities. The long-term effect is a stronger, more diversified African tech landscape.

Winners gain unparalleled visibility and networking opportunities. They connect with potential investors and corporate leaders. This often leads to further funding and strategic partnerships, amplifying their impact.

The 2025 Zenith Bank Startup Pitch Competition represents a major commitment to African entrepreneurship. It provides both the capital and the strategic guidance needed for startups to thrive. This initiative is a powerful catalyst for the next wave of innovation on the continent.

Info at your fingertips

Who is eligible to apply for the Zenith Bank Startup Pitch Competition?

Applicants must be early-stage African startups with a registered business entity. They need to operate in a focus sector like Fintech or HealthTech and have a viable product with some market traction.

What is the total prize money for the competition?

The total prize pool is ₦70 million. The first-place winner will be awarded ₦30 million, while four other finalists will each receive ₦10 million.

What are the key focus areas for the 2025 program?

The program highlights Generative AI and Agentic AI. It also seeks startups in Fintech, AgriTech, HealthTech, ClimateTech, E-commerce, and Cybersecurity.

What benefits do winners receive beyond cash prizes?

Winners get access to a full incubation program. This includes mentorship, investor connections, and intensive training in business management and product development.

What is the application deadline?

The deadline for all applications is October 31, 2025. Startups must submit their proposals before this date to be considered.

জুমবাংলা নিউজ সবার আগে পেতে Follow করুন জুমবাংলা গুগল নিউজ, জুমবাংলা টুইটার , জুমবাংলা ফেসবুক, জুমবাংলা টেলিগ্রাম এবং সাবস্ক্রাইব করুন জুমবাংলা ইউটিউব চ্যানেলে।
are banks, competition education entering million n70 startups why zenith
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