Standard Chartered Bank (Nigeria) Limited has set aside $10,000 for the five winners in its fourth SC Women in Technology Incubator, an initiative designed to support and promote the economic and social development of women in Nigeria through innovation or technology-led entrepreneurship.
The announcement follows the completion of the last three editions, which had seen 15 winners emerge to date, receiving over $150,000 in seed funding for their businesses.
Through this initiative, the bank said it continues to focus on capacity building for women-owned small enterprises and sees this as a great opportunity to support greater diversity in gender representation within technology entrepreneurship for women in the country.
The Standard Chartered Women in Tech programme targets female-led entrepreneurial teams and provide them with training, mentorship, and seed funding.
Like the last edition, in this edition, 11 young businesswomen will go through a rigorous 12-week executive boot camp during which they would interact with industry experts, business development coaches, and executives from Standard Chartered.
At the end of the training period, five winners with the most compelling ideas will be chosen and each winner will be awarded up to $10,000 to invest in their business.
