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The Union Bank is hosting the fourth edition of the Innovation Challenge, UnionX, themed A New Discovery. This challenge is open to innovative and creative entrepreneurs with solutions that have the potential to transform sectors that include but are not limited to Financial Technology, E-Commerce, Health, Education, and Agriculture.

The 2021 UnionX Challenge aims to discover innovative digital solutions in a fast-changing global environment. Entrants are to submit a creative and innovative MVP, with a digital focus, addressing a pain point in sectors that include but are not limited to Financial Technology, E-Commerce, Health, Education, and Agriculture.

The benefits which you will be awarded are: 

• The best ideas will gain access to Union Bank’s network and its value chain to further develop their solution and scale. The top 3 startups will receive cash prizes of 2 million Naira, 1.5 Million Naira, and 1 million Naira respectively coupled with a 2-month incubation program.
• The top 3 startups will also be supported with product development, distribution, and business modeling geared towards potential integration to the Bank.
• In addition, access to partners and mentors, alongside access to Union Bank’s customer base and employee expertise will be enjoyed by the winners.

The deadline to submit applications for this program is 28-Feb-2021. 

For more information, visit here