SMEDAN Launches Business Pitch: N1.5M cash prize
SMEDAN Launches Business Pitch Contest for Women-Owned Businesses in Nigeria
Great news for female entrepreneurs in Nigeria! The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has launched a new program called “SMEDAN Speed Pitch.” This contest is designed to help women business owners get the money they need to grow their businesses.
What is SMEDAN Speed Pitch?
SMEDAN Speed Pitch is a business competition open to female-owned businesses in Nigeria. Businesses must be registered and operating for at least three years to apply.
What are the benefits of participating?
There are many benefits to participating in SMEDAN Speed Pitch. Here are a few:
- Win cash prizes: The winner of the competition will receive a prize of 1 million Naira (₦1,000,000) to help with things like hiring employees, buying equipment, and expanding their business. Runners-up will also receive cash prizes of 300,000 Naira (₦300,000) and 200,000 Naira (₦200,000).
- Get free business development support: All finalists will receive free business development support from SMEDAN. This support can help you improve your business skills and knowledge.
- Gain exposure for your business: The competition will be a great opportunity to get your business in front of potential investors and customers.
How to apply
The application process is simple. Here’s what you need to do:
- Make sure you qualify: Your business must be female-owned, registered in Nigeria, and operating for at least three years.
- Apply online: Applications are open from April 24 to April 27, 2024. You can apply online by following the instructions on the SMEDAN website.
- Create a video pitch: If you are shortlisted, you will need to create a three-minute video pitch about your business. In the video, you should introduce yourself, explain your product or service, and tell the judges why you deserve to win.
- Share your video on social media: Upload your video pitch to social media and tag SMEDAN’s official pages (@smedaninfo). Use the hashtag #SMEDANSpeedPitch.
Don’t miss out on this opportunity!
The SMEDAN Speed Pitch is a great opportunity for female entrepreneurs in Nigeria to get the financial support they need to grow their businesses. If you are a woman who owns a business in Nigeria, we encourage you to apply.
Here are some additional details to keep in mind:
- The competition is part of SMEDAN’s “GROW Nigerian” strategy, which aims to help small and medium-sized businesses in Nigeria grow and succeed.
- The competition is scheduled to begin on May 1, 2024.
- The winner will be chosen by a panel of judges.
We wish you all the best in the competition!
