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- Nigerian startup owners present person a accidental to enactment successful the planetary entrepreneurship satellite cup
- There is implicit $1 cardinal successful full currency prizes available, with the apical early-stage startup winning $250,000
- The accidental is unfastened to Nigerian entrepreneurs with startups little than 10 years aged and legally registered oregon readying to register
Legit.ng journalist Dave Ibemere has implicit a decennary of acquisition successful business journalism, with in-depth cognition of the Nigerian economy, stocks, and wide marketplace trends.
The Entrepreneurship World Cup (EWC) has announced it is accepting applications for the 2025 editions from entrepreneurs astir the globe to vie for a accidental to triumph and stock $1 cardinal successful currency prizes and important concern opportunities.
Source: Getty Images
The Entrepreneurship World Cup is co-hosted by the Global Entrepreneurship Network (GEN) and Monsha’at, the Small and Medium Enterprises General Authority successful Saudi Arabia.
The radical promises that this year's contention volition beryllium the astir divers and impactful yet.
The connection connected the organisers' website reads:
"The Entrepreneurship World Cup is 1 of the largest and astir divers transportation competitions and enactment programs of its kind. "Every year, tens of thousands of entrepreneurs from 200 countries vie for a stock of US$1.5 cardinal dollars successful currency prizes and millions much worthy of investment, enactment and publicity and a planetary finals lawsuit attended by starring investors. "Since launching successful 2019, the contention has connected founders with implicit US$4 cardinal successful currency prizes and different US$250+ cardinal worthy of perks positive escaped enactment and services."Who tin use for the Entrepreneurship World Cup?
Startups globally are eligible, provided they are legally registered oregon mean to registry successful their respective countries.
- Startups indispensable beryllium little than 10 years aged based connected their registration date.
- Previous winners: Winners from past EWC editions tin use for antithetic prize categories, but are ineligible to vie successful the aforesaid class they antecedently won.
- Employee eligibility: Employees of organisers, affiliates, subsidiaries, and contiguous household members are excluded from participation.
Source: Getty Images
Details of prizes connected offer.
Early Stage Prizes:
- Champion: $250,000
- 2nd Place: $200,000
- 3rd Place: $150,000
- 4th Place: $100,000
- 5th Place: $50,000
Growth signifier prizes
- Champion: $175,000
- 2nd Place: $100,000
Sector-Specific Prizes (New successful 2025):
SpaceTech for Mining, Sports Analytics, Health Monitoring, Agriculture + Resource Management: Each class offers $100,000.
Idea signifier prizes:
- Champion: $50,000
- 2nd Place: $25,000
The contention volition extremity successful a planetary finals lawsuit wherever finalists volition transportation their ideas to starring investors and vie for the prestigious titles crossed assorted categories.
For much accusation connected eligibility, exertion details, and deadlines, sojourn the Entrepreneurship World Cup authoritative website.
Deadline for exertion is June 30, 2025.
Tony Elumelu shares wherefore helium diversified into lipid and gas, others
Earlier, Legit.ng reported that Nigerian billionaire and president of the United Bank for Africa (UBA) Group, Tony Elumelu, has shared his reasons for diversifying into
Elumelu shared this astatine the Legacy Builders Palm Beach Conference held successful Florida, United States, connected the theme: “Democratising Luck”.
He observed that Africa is simply a continent of opportunity, and Nigeria has immense resources to plug into this accidental but powerfulness remains a situation to beryllium surmounted.
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Source: Legit.ng
