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Deji Alli ARM Young Talent Award 2020 for Nigerians (12 Million Naira Funding) – TechCity


The Deji Alli ARM Young Talent Award is an ARM initiative in
partnership with TechnoVision that aims at providing young Nigerians
with an opportunity to develop start-up ventures that add meaningful
value to the Nation’s economy.

The DAAYTA 2020 initiative is in
line with ARM’s commitment to Corporate Social Responsibility (CSR) with
the aim of building a generation of change leaders, working together to
build a better future. The DAAYTA Initiative seeks to support business
ideas that intentionally create positive societal impact while
generating a financial return.

The DAAYTA program was inaugurated
by ARM in 2015 in honour of its founding CEO to promote lifelong
learning by aiding young Nigerian graduates and undergraduates bring
their ideas to life.

Applicants to the DAAYTA 2020 program are
required to propose practical solutions with a credible business plan
for profit-making ventures that have the potential of generating
significant, measurable and sustainable social impact while tackling the
specific challenges identified.

After the deadline has passed and we have assessed the applications received, shortlisted candidates, will be contacted to pitch their business ideas to a closed group of business professionals, entrepreneurs and investors in Lagos, in February & March 2020.

Focus Areas:

We are looking for great ideas that could be related but not limited
to Agriculture, Education, Healthcare, Housing, and Transportation.

It is important to note that all DAAYTA 2020 events will be held in Lagos, Nigeria. However, ideas are welcomed from applicants in any part of Nigeria.

Eligibility:

To be eligible for the award, the applicant must:

  • be a citizen of Nigeria
  • be between 18 and 30 years of age
  • submit their application which must be their original work
  • have an MVP (minimum viable product) i.e. you have customers
  • be able to fund his/her/team travel expenses and other associated costs
  • be physically available (with co-founders/team where they exist) for the 2-day Pitch Workshop and Final Pitch Event scheduled for February & March, 2020 in Lagos, Nigeria
  • understand the business of ARM, what we stand for; and
  • be ready to represent ARM as an Ambassador

The second stage of the programme will require 30 shortlisted applicants to submit a POEM framework business plan, a marketing/pitching video, detailed profiles of their board (directors & advisers), and team members, sharing their Education, Careers, Key Accomplishments and LinkedIn profiles.

Prizes:

The winner of DAAYTA 2020 shall, subject to the Terms &
Conditions, receive funding of ₦12,000,000 over a period of one year for
the following purposes:

  • develop their business plan.
  • complete an entrepreneurial education at the Pan Atlantic University’s Enterprise Development Centre in Lagos, Nigeria
  • receive a 5-month acceleration support for the development of their venture through by a reputable entrepreneurial hub in Lagos, Nigeria.

Application Deadline:

November 17, 2019.

How to Apply:

To get started, click here https://vc4a.com/technovision/deji-alli-arm-young-talent-award-2020/application/



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