How to Win N1.5 Million to Start Your Business in the Development Bank of Nigeria Eco Innovation Challenge
The Development Bank of Nigeria is committed to supporting Nigerian tech entrepreneurs to develop ideas that can advance sustainability in the areas of our environment, sustainable agriculture, and sustainable energy. In line with this commitment, the bank has put together the Eco Innovation Challenge.
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What is the Eco Innovation Challenge?
The Eco Innovation Challenge is an opportunity for Nigerian tech entrepreneurs to showcase their innovative ideas that can help advance sustainability in Nigeria. The challenge is open to all Nigerian tech entrepreneurs who have ideas that can help tackle the environmental challenges facing Nigeria.
How to Participate in the Challenge
To participate in the challenge, interested entrepreneurs are required to create a 2-minute video explaining their idea. The video should highlight the unique features of the idea, how it can advance sustainability in the areas of our environment, sustainable agriculture, and sustainable energy, and the potential impact it can have on the Nigerian society.
Sharing on Social Media
The videos can be shared on Instagram and Facebook using the relevant hashtags: #DBNEcoInnovationChallenge, #Sustainability, #Innovation. The videos shared will be taken into consideration in selecting the winners of the challenge.
The winners of the challenge will be announced on the 31st of May, 2023. The top three winners will receive cash prizes of ₦1,500,000 (1st Place), ₦1,000,000 (2nd Place), and ₦750,000 (3rd Place) respectively.
The Importance of the Eco Innovation Challenge
The Eco Innovation Challenge is a unique opportunity for Nigerian tech entrepreneurs to showcase their innovative ideas that can help tackle the environmental challenges facing Nigeria. The challenge is aligned with the bank’s commitment to promoting sustainability and supporting the growth of the Nigerian tech ecosystem.
The bank believes that by supporting Nigerian tech entrepreneurs in developing innovative ideas, we can create a more sustainable future for Nigeria. The Eco Innovation Challenge is just one of the many initiatives the bank is undertaking to drive sustainable development in Nigeria.
We encourage all Nigerian tech entrepreneurs with innovative ideas that can advance sustainability in the areas of our environment, sustainable agriculture, and sustainable energy to participate in the Eco Innovation Challenge. We wish all participants the best of luck and look forward to seeing the innovative ideas that will be presented.