Zenith Bank has announced the highly anticipated return of its annual startup competition, Zecathon 4.0, featuring a substantial ₦77.5 million in cash prizes. This competition is a significant highlight of the Zenith Bank Tech Fair and aims to recognize and accelerate Nigeria’s most promising startups across sectors including FMCG, insurance, education, retail, e-commerce, cybersecurity, agriculture, health, payments, lending, and transportation.
Partnering with Beyond Limits, a prominent name in innovation and business growth, Zecathon 4.0 is open to early-stage Nigerian startups with a minimum viable product. Interested founders can apply for free at Beyond Limits’ applicationpage. The top three winners will secure ₦25 million, ₦20 million, and ₦15 million, respectively, while seven other finalists will each receive ₦2.5 million. Additionally, all ten finalists will benefit from a six-week incubation program designed to refine their business strategies and maximize their growth potential.
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“Zecathon is more than a competition; it’s a platform to foster solutions that make a difference in people’s lives and advance Nigeria’s economy,” emphasized Dame (Dr.) Adaora Umeoji, Group Managing Director/CEO of Zenith Bank Plc, highlighting the bank’s dedication to supporting Nigerian startups.
Fikun Aluko, entrepreneurship program lead at Beyond Limits, added, “The African tech ecosystem is booming, with over $4.85 billion in startup funding in 2022. Zecathon 4.0 represents an opportunity to fuel this momentum further. We’re proud to collaborate with Zenith Bank to empower the upcoming generation of African tech leaders.”
Applications for Zecathon 4.0 are open through November 15. Follow @zenithbankplc and @the_beyondlimits on social media for the latest updates on this game-changing event for Nigerian startups.
