Pitched Global is an NGO that addresses two gaps in emerging markets: access to capital and startup quality.
The prize money is equity-free, grant money. What’s the catch? You have to show that you’re building a business that can impact Nigeria and that you have the team to make it happen. The ultimate goal is to strengthen entrepreneurs who are solving problems and able to create jobs.
While Pitched Global supplies prize money to its winners, the organization develops startup quality so that founders are more likely to thrive on their own. EchoVC, Acumen, and Ventures Platform are some of the Venture Capital groups that have agreed to mentor Pitched Nigeria winners for 3-6 months. Winners will be matched with a firm with which there is the best fit.
Startup Pitch Competitions will hold in Nigeria, Kenya, Harlem, and more.
Benefits
- Prize Money
Up to $10,000 USD. Equity free, grant money.
- Network
Get exposure to potential partners, investors, customers, employers, and mentors.
- Feedback
Applicants who make it to Stage 3 will receive feedback to help ready them for Pitch Day. Participants at Pitch Day receive feedback from the judges and audience members.
- Refine
Competition spurs growth and innovation, pushing your startup even further. Couple this with the rigorous selection criteria that was made with investors and you have a boost to your business.
Examples of applicants in Nigeria:
Here are a couple examples of Pitched applicants. Regardless of industry, all 3 applicants are building scalable businesses.
Michael Anapuwa, founder of Mediosa
Industry: Health
“Mediosa is an online platform where users can consult certified doctors online, get laboratory tests/ health packages, and order medicine.”
Chidinma Emodi, founder of The Footwear Academy
Industry: Women Empowerment
“The Footwear Academy is an ecommerce website that sells Nigerian-made shoes around the country. Over 20 Million shoes are imported yearly in Nigeria alone. The Footwear Academy trains women in Nigeria produce these shoes.”
Elizabeth Kperrun, founder of Zenafri
Industry: Edtech
“Zenafri simplifies learning for African children and Youth adults by creating educational mobile applications and video content which teach using native languages and locally relevant contexts.”
Application Process
Step 1: Preliminary Application
Due September 28th, 2018
TIP: Apply now to advance through application stages
Step 2: Team-Market Fit
Prove your that your team has what it takes to grow your startup.
Select startups from Stage 2 will be paired with angel investors to help mentor the founders.
Step 3: Pitch Deck
Demonstrate that you could do a good job on stage at Pitch Day.
Step 4: Pitch Day
Convince the judges that you would put the prize money to good use.
Nigeria: December 8th
How to Apply:
Click here to get started.
Application Deadline:
September 28th, 2018.