Deadline: November 17, 2019.
Applications for the Deji Alli Young Talent Award (DAAYTA) 2020 are now open. The DAAYTA 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.
Focus Areas
They are looking for great ideas that could be related but not limited to:
- Agriculture
- Education
- Healthcare
- Housing
- Transportation
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 5-month acceleration support for the development of their venture through a reputable entrepreneurial hub in Lagos, Nigeria.
Eligibility
- Be a citizen of Nigeria.
- Be between 18 and 30 years of age.
- Submit your application which must be your 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 they stand for; and
- Be ready to represent ARM as an Ambassador.
Selection Process
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 they 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.
Application
For more information on DAAYTA.
