Startup Connect is an opportunity for Nigerian companies creating the next generation technology solutions for the African market to partner with Union Bank to aid their rapid growth. Startup Connect an initiative brought together UnionBank and CCHub Nigeria is set to bring together Technology enabled startups that have gained significant traction and are interested in partnership with Union Bank to scale.
The programme will be delivered through a three-staged approach which includes: Select: Shortlisted startups will be invited to a pitch event. Develop/Accelerate: Over a 13 week period, selected startups will work with CcHUB and the bank’s staff, apply design thinking to create a usable proof-of-concept prototype that serves a chosen segment of the bank’s customers or clients. Deploy/Invest: At the end of the 13 week period, the results will be presented to the appropriate business units of the bank for deployment. Both parties will decide to either share revenue or explore equity investment.
Startup Connect is calling for applications from startups and innovative enterprises addressing critical social and commercial challenges in Nigeria for strategic alliance. the applications are set to close on September 1st.