If you have been in the tech industry for a few years now you’d know that the battle is unending, yours may be to ensure your start-up that does not become obsolete in your 1st 5 years; others maybe to launch new products or new markets before competition.
There is that drive to consistently be innovative, to remain in the face of your customers, to not make a business ending blunder (like some we all know), contend with cutting-edge competitors, deal with cyber-security issues.
As with every other business sector, finance is a major need for tech start-ups. After developing your idea, how do you incorporate your idea into the market? Do you have what it takes to get and retain great talent for your start-up? And most importantly, How do you SCALE?
As user data accumulates, do you have the bandwidth or budget to match? More than having a groundbreaking idea, you need the finance to grow it into a sustainable business.
Like me, you also need to see this – UBA now offers a loan to the tech entrepreneurs as high as N500 million for 10 years at an interest rate of 9% yearly. Yes, you read that right; your dream need not remain a dream forever, nor be added to the statistics of start-ups that failed without funding.
Let UBA be your financial partner, send an email to [email protected] or visit any UBA branch near you to know more
Nigerian startups raised $377m in 2019, more than twice what they did in 2018. Find out more when you download the full report.