In collaboration with Seedstars, Zenith Bank has announced the opening of Zenith Bank Zecathon 3.0, a startup pitch competition. This occasion serves as a reminder of the Bank’s dedication to discovering, assisting, and coaching Nigerian MVP stage companies in order to mold the continent’s commercial landscape.
In addition to offering participants business support through networking opportunities, coaching, and training, the Zecathon 3.0 pitch competition has a N59 million prize pool. This helps entrepreneurs continue on their growth trajectory.
“We’re excited to launch Zecathon 3.0 in light of the extraordinary influence and accomplishment of our prior partnership with Seedstars. Zenith is unwavering in its resolve to support Nigeria’s technological progress. Executive Director of Zenith Bank PLC Temitope Fasoranti stated. “Our mission is to highlight and support creative startups that use technology to solve contemporary issues and lead the way towards a better tomorrow.”
In order to be eligible for the program, startups must be fully operational, in the MVP stage, and have raised no more than $75,000 in funding. They also need to function in the following domains: Future of Cybersecurity, Future of EdTech, Future of Energy, Future of AgriTech, Future of Entertainment, Future of Transport and Logistics, Future of eCommerce, Future of Payments, Future of Lending, Future of Wellness, Future of Cybersecurity
In addition to the monetary rewards, the successful candidates will receive access to Seedstars’ extensive worldwide network, participate in a follow-up program, and receive priceless pitch training.
First Prize: N20 million (twenty million naira), including access to the Seedstars Mentorship Hub and a chance to make a presentation to investors Second Prize: 15 million Naira (N15 million), which includes a scholarship to the Seedstars mentoring hub. Third Prize: N10 million (ten million naira), plus a scholarship to the Seedstars mentoring program.
Each of the next ten firms (ranked fourth through tenth) will receive a N2 million (two million naira) participation incentive. “Zenith Bank’s commitment to transformation reflects our own aspirations. Zecathon 3.0 is an investment in Nigeria’s tech-driven future, not just a talent recognition program. According to Seedstars’ Director of Partnership and Programs for Africa, Rolake Rosijuli. Before November 13th, startups who are excited to help shape Africa’s business landscape can apply for Zenith Bank Zecathon 3.0.