E-commerce company Jumia Nigeria has launched a competition targeted
at startups and entrepreneurs who are developing unique digital
applications and smart solutions to solve tangible consumer or business
problems in Nigeria.
which ran a pan-African entrepreneurship competition with mobile
operator MTN last year, is offering entrepreneurs the chance to pitch
their solutions via social media for the chance to secure NGN1 million
(US$2,800) in funding.
interested parties are required to post a 60-second video explaining
what their business is about on social media using the hashtags
#JumiaSuperStartup and #GrowYourHustle.
“Nigeria is a country of
promise, and we are optimistic that through the startup space we will be
able to help fulfil this promise by developing unique solutions for our
ecosystem. We believe that the entrepreneurship challenge is a key
element of this and certainly exemplifies the impact of Jumia’s efforts
to foster entrepreneurship among our next generation of business
leaders,” said Juliet Anammah, chief executive officer (CEO) of Jumia
“Our main goal is to boost African entrepreneurship by
enabling young and smart entrepreneurs to kick off with their own
projects. The key for us is to give full and adapted support to young
talents, from funding to mentorship from experienced entrepreneurs.”
The winner of the entrepreneurship competition will be announced on September 29.