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  • April 22, 2018

Union Bank Centenary Innovation Challenge (Prizes up to N4,000,000)

April 21, 2017 By: Matthew Olorunsiwacomment

Due date: May 19, 2017

Do you have a thought that will enhance the lives of Nigerians? At that point enter the Union Bank Centenary Innovation Challenge. In festivity of 100 years of legacy and administration, Union Bank is running a Centenary Innovation Challenge to discover and bolster extraordinary thoughts that address the Sustainable Development Goals (SDGs) in entrepreneurial ways. They are searching for your imaginative thoughts to address the most serious issues influencing how individuals live, work, mingle and associate together in Nigeria. Specifically, they are searching for incredible thoughts that enhance budgetary consideration, farming and training of Nigerians.

Union Bank, one of Nigeria’s most regarded money related foundations, has commenced festivities to check its 100th commemoration in Nigeria having been built up in 1917. The bank has set out on a change program to reposition Union Bank with the target of turning into a main supplier of value related administrations in Nigeria. Given their long standing administration to people and groups, Union Bank comprehends that association and realism are expected to settle on the correct decisions to enhance life, reasonably, for who and what is to come. The Sustainable Development Goals which are an all inclusive invitation to take action to end neediness, hunger, enhance wellbeing and training is a yearning objective that resounds with the bank.

The advancement test will connect with qualified youthful and skilled individuals crosswise over Nigeria to submit clever thoughts that address a portion of the Sustainable Development Goals (SDGs) that are of quick enthusiasm to Union Bank. They will urge candidates to propose inventive thoughts that unravel key social and business challenges confronted by Nigerians in a scope of divisions beginning in one group however conceivably adaptable the country over.

Prizes

The best thoughts created and submitted will use Union Bank’s aptitude and the span of its esteem anchor to create and scale. The main 3 thoughts will get quick money prizes of 2 million Naira, 1.5 million Naira and 1 million Naira separately towards the execution of the thought. Facilitated starting backing will be given by means of the Co-Creation Hub (CcHUB) hatching administrations with full engagement with Union Bank;

Over the next six months, the main three thoughts will be bolstered with a scope of administrations concentrated on item advancement, dispersion and business demonstrating to transform their thoughts into completely working items to dispatch in late 2017;

Notwithstanding access to a scope of various accomplices and guides from people in general and private divisions, champs will likewise have entry to Union Bank’s clients and workers and furthermore use Union Bank’s span and key systems to breath life into their thoughts.

Qualification

College understudies, programming enguneers, scholastics and business visionaries crosswise over Nigeria are welcome to submit clever thoughts that deliver challenges identified with the Sustainable Development Goals (SDGs) including money related incorporation, agribusiness and instruction beginning in one group yet possibly adaptable the country over.

Application Process

To apply, fill the application structure. Due date for accommodation of thoughts is May 19, 2017.

The three best thoughts submitted will be shortlisted by a board of specialists for model advancement amid the brooding procedure from June to November 2017.

For more data, see FAQ or visit Union Bank Centenary Innovation Challenge.

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