Many startup entrepreneurs often struggle to get the funds, mentorship and expert advice needed to grow their businesses. And considering how important these things are to the survival of a startup, the Nigerian Economic Summit Group (NESG) in partnership with premier angel network in Nigeria, Lagos Angel Network (LAN), has opened up applications for its NES #24 Startups Pitching event for early-stage startups to get connected with potential investors to raise funds.
The Nigerian Economic Summit Group NES #24 #Startups Pitching Event 2018 for early-stage startups in Nigeria @nesgnigeria @VC4Africa @SterlingBankIR @Accenture https://t.co/muevzRGh7O pic.twitter.com/lP5YnRRC3b
— opportunities4africa (@oppsforafricans) August 6, 2018
Scheduled to be held at the 24th Nigerian Economic Summit in Abuja in front of several potential venture capitalists and investors, startup entrepreneurs would be given an opportunity to pitch their startups to experienced investors. They will obtain great feedback and possibly capital and also have a platform to collaborate and interact with individuals and organizations interested in promoting entrepreneurship.
Eight early-stage startups would be selected and invited to pitch to prospective investors in 5 mins and use 10 minutes to answer questions from them. In turn, startups would have access to investment opportunities from investors whose investment strategy merges with their idea. Additionally, they will receive guidance and business opinions from industry stakeholder during the event and get more brand publicity.
— youthhubafrica (@youthhubafrica) August 9, 2018
Intending applicants must ensure that they are registered in Nigeria with the Corporate Affairs Commission (CAC) and not more than 5 years of doing business. Startups must also be engaged in any sector of the economy, be it agriculture, education, health, ICT, manufacturing, renewable energy, transport, or others.
Applications are currently open now till 31st August, 2018. Interested startup entrepreneurs can click here to apply.
NB: The pitching event will be strictly by invitation and shall not be open to all Summit participants.
The Nigerian Economic Summit Group (NESG) was incorporated in 1996 as a non-profit, private sector organization with a mandate to promote and champion the reform of the Nigerian economy into an open, private sector-led globally competitive economy.
The membership of the NESG comprises major companies which include leaders of companies like Shell, Exxon Mobil, MTN, UBA, KPMG, Accenture, Dunlop, Phillips Consulting, etc.
The annual Nigerian Economic Summit has become the flagship event of NESG and has provided a credible and widely recognized platform for B2B networking with corporate leaders.
Last year, the NESG introduced a Startups Pitching Event as part of the Annual Nigerian Economic Summit to help entrepreneurs get their funding and advice needed to blossom their startups.
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