Apply for the FirstBank Fintech Innovators Pitch Programme and showcase your fintech solutions at the FirstBank Fintech Summit 2024.
Introduction
The financial technology (fintech) landscape is rapidly evolving, and Nigeria is at the forefront of this transformation. As part of its commitment to fostering innovation in the financial services sector, FirstBank of Nigeria is hosting its 6th annual Fintech Summit on November 13 and 14, 2024. A highlight of this event is the Fintech Innovators Pitch Programme, designed to support early-stage fintech startups. This programme offers a unique opportunity for entrepreneurs to present their innovative solutions to industry leaders, investors, and mentors, enhancing the growth of the fintech ecosystem in Nigeria.
Whether you are in the idea stage or have an early traction product, this pitch programme could be the stepping stone to turning your vision into reality. Let’s explore the details of this exciting initiative.
Timeline
| Event | Date |
|---|---|
| Application Deadline | October 27, 2024 |
| Selection Announcement | November 4, 2024 |
| Pitch Preparation Session | November 8, 2024 |
| Pitch Day | November 13, 2024 |
| Winners Announcement | November 14, 2024 |
Details
The FirstBank Fintech Innovators Pitch Programme is structured to provide selected startups with the necessary tools to refine their ideas and market them effectively. Here are the key components of the programme:
- Engaging Sessions: Participate in insightful discussions and sessions with industry experts during the Fintech Summit.
- Intensive Training: Gain access to training sessions that focus on improving pitch presentations and business strategies.
- Mentorship: Receive one-on-one mentorship from experienced professionals in the fintech sector.
- Pitching Opportunity: Present your solution on November 13 to a panel of esteemed judges, including global investors and partners.
- Support for Winners: Selected winners will receive strategic assistance, resources, and access to FirstBank’s extensive network to bring their products to market.
- Media Exposure: Engage with media partners that will cover the event, providing national exposure for your startup.
Benefits
Participating in the Fintech Innovators Pitch Programme offers numerous advantages, including:
- Partnership with FirstBank: Collaborate closely with one of Nigeria’s leading financial institutions, gaining insights and guidance on navigating the market.
- Strategic Support: Benefit from FirstBank’s resources and network to enhance your product’s visibility and reach.
- Investor Engagement: Connect with potential early-stage investors who are looking to fund innovative solutions in the fintech space.
- National Exposure: Gain recognition through media coverage of the event, enhancing your startup’s profile in the fintech community.
- Additional Prizes: Selected partners will offer extra prizes and perks that will be revealed during the summit.
Eligibility
To be considered for the FirstBank Fintech Innovators Pitch Programme, applicants must meet the following criteria:
- Early-Stage Startup: Must be an early-stage fintech startup, which can be at the idea stage, working prototype, early traction, or early revenue.
- Location: Applicants must be based in Lagos and be available for both the pitch preparation sessions and the pitch day itself.
Required Documents
When applying for the Fintech Innovators Pitch Programme, ensure you have the following documents ready:
- Business Plan: A detailed overview of your fintech solution, including your target market, value proposition, and business model.
- Pitch Deck: A concise and engaging presentation outlining your startup’s goals, product features, and market strategies.
- Proof of Concept: Evidence of your working prototype or any traction you have achieved so far, such as user feedback or early revenue.
- Identification Documents: Valid identification to verify your identity and eligibility.
How to Apply
Applying for the Fintech Innovators Pitch Programme is straightforward. Follow these steps to ensure your application is successful:
- Visit the Application Portal: Go to the FirstBank Pitch Programme website to access the application form.
- Fill Out the Application Form: Provide all required information accurately, including your contact details and business information.
- Upload Required Documents: Attach your business plan, pitch deck, proof of concept, and identification documents as specified.
- Submit Your Application: Ensure all information is complete and submit your application before the deadline.
- Await Notification: The top 10 applicants will be notified by November 4, 2024, regarding their selection for the pitch programme.
Conclusion
The FirstBank Fintech Innovators Pitch Programme is an excellent opportunity for aspiring fintech entrepreneurs to gain invaluable experience, mentorship, and exposure. By participating in this programme, startups can significantly enhance their chances of success in the competitive fintech landscape. Don’t miss out on this chance to showcase your innovative solutions at the FirstBank Fintech Summit.
To take your startup to the next level, apply by October 27, 2024. With the right support and guidance, your fintech solution could be the next big thing in Nigeria’s financial ecosystem.
FAQs
- What is the FirstBank Fintech Innovators Pitch Programme?
- It is a programme designed to support early-stage fintech startups by providing training, mentorship, and the opportunity to pitch to investors.
- Who is eligible to apply?
- Early-stage fintech startups based in Lagos that are at the idea stage, working prototype, or early revenue are eligible.
- What are the benefits of participating?
- Benefits include mentorship, strategic support from FirstBank, investor engagement, and media exposure.
- When is the application deadline?
- The application deadline is October 27, 2024, at 23:59 WAT.
- How can I apply?
- Visit the FirstBank Pitch Programme website, complete the application form, and submit the required documents.