The Ignite Ideas Contest is an initiative spearheaded by AGDC, with implementing support from Generation Enterprise, sponsorship from The Chair Center and the Lagos State Government, and collaboration from partners such as Digital Jewels and First Bank.
The contest aims to identify, incubate and fund 1,100 viable business concepts in Lagos State.
Each of the One Thousand one hundred (1,100) winners are eligible N100, 000 (One hundred thousand naira only) as seed capital to progress their business ideas and also benefit from business management mentoring by experts.
Eligibility
- Applicants must be of Nigerian nationality
- Applicants must be between the ages of 18 – 35. Failure to verify age will result in the application being declined.
- Applications must articulate a specific business problem to solve or opportunity to address. The ideas must be original, address a clear market gap.
- Applicants must be clear on the benefits from the prize money and the viability of idea must be established.
- Employees of The Chair Centre Group, Digital Jewels Limited, AGDC etc and their families are not eligible to apply.
- The Judges’ decisions are final.
How to apply
- Entries must be submitted online within the specified timeframe and conform to specified guidelines and terms and conditions of participation clearly outlined on this website.
- All entries will be reviewed by the Panel of Judges who consists of carefully selected accomplished professionals from all walks of life.
- Shortlisted entries will be invited for interviews to further review the ideas.
- At the end of the screening and selection process, the finalists have the option to enroll into the incubation program, or receive funding without incubation.
- A good relationship with the Micro Finance Bank will provide a foundation for a long term banking relationship with the Bank and subsequently the parent Bank.
Deadline: November 17, 2015
To apply and for more information visit here
