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10 startups to win N2m each as Trinitas Foundation holds pitch competition
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Views: Visits 5 By Juliet Ebirim In order to address the challenges posed by a high level of poverty and unemployment in the country, Trinitas Foundation is set to give out an investment fund of Twenty Million Naira (N20m) to ten startup ventures. The charity foundation will empower selected young grassroots entrepreneurs across various fields including Technology, Agriculture, Small Scale Manufacturing, Entertainment & Media, Fashion, Beauty & Lifestyle and Food. An annual startup pitch competition, the new initiative is known as ‘Trinitas Investment Programme’, which is a strategic approach to highlight one of the key missions of the foundation, which is to empower and foster opportunities and possibilities for emerging African ventures across the target six industries.
Trinitas Foundation offers N20m investment funds to start-ups
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By Juliet Ebirim
In order to address the challenges posed by a high level of poverty and unemployment in the country, Trinitas Foundation is set to give out an investment fund of Twenty Million Naira (N20m) to ten startup ventures.
The charity foundation will empower selected young grassroots entrepreneurs across various fields including Technology, Agriculture, Small Scale Manufacturing, Entertainment & Media, Fashion, Beauty & Lifestyle and Food.
An annual startup pitch competition, the new initiative is known as ‘Trinitas Investment Programme’, which is a strategic approach to highlight one of the key missions of the foundation, which is to empower and foster opportunities and possibilities for emerging African ventures across the target six industries.
One of Nigeria’s charity foundations, Trinitas Foundation is set to give out an investment fund of N20 million to 10 startups ventures across Technology, Agriculture, Small Scale Manufacturing, Entertainment and Media, Fashion, Beauty and Lifestyle and Food Industries.
As a result of placing gender balance on the finalists, the foundation has decided to give room to six female entrepreneurs and four male entrepreneurs to be part of the selected 10 to get the funding, and this is also in relation to their goal of women empowerment which is one of the primary intentions of the foundation.
The new initiative is the Trinitas Investment Programme, an annual startup pitch competition. The project is a strategic approach to highlight one of the key missions of the foundation, which is to empower and foster opportunities and possibilities for emerging African ventures across the target six industries.
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