Ecobank, the Pan-African bank, in partnership with Heave Ventures, has announced the launch of InnovateX, a competition designed for young talents aged 16–25 in the Creatives and STEM sectors.
The competition offers a prize pool of ₦20 million for the top 10 participants who will be selected after applying at (link unavailable) before the application deadline on July 31, 2025.
Ecobank’s Managing Director and Group Executive of Ecobank Nigeria, Bolaji Lawal, stated that InnovateX is an initiative to shape the future of African enterprise and empower young people to achieve their full potential.
The competition will provide young creators and innovators with practical tools and opportunities to transform their passion into scalable impact.
The competition includes hybrid bootcamps, expert-led pitching and business workshops, mentorship, and international exposure.
The top 10 participants will share the prize pool of ₦20 million and gain recognition and growth opportunities from Ecobank and its partners.
InnovateX is linked to Ecobank’s youth-focused product, the Ecobank Blaze Account, designed for digitally savvy young people aged 16–25.
The account comes with exclusive benefits, including a free, uniquely designed debit card, three free NIP transfers every month, and access to EPAC Studio, a creative hub for digital content and production.
Additionally, students enrolled in Nigerian tertiary institutions can apply to become Ecobank Campus Ambassadors, promoting financial literacy, innovation, and banking inclusion on campus.
Campus Ambassadors receive a monthly stipend of ₦50,000, national recognition, leadership experience, and access to exclusive training and career development opportunities
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