FATE Business Pitch Competition is an annual competitive event open to recent FATE Aspiring Entrepreneurs Programme (AEP) alumni. It serves as a platform to access funding; learn from entrepreneurial leaders and influencers who share knowledge about key topical areas to improve in their business pitch so our alumni can grow and thrive as entrepreneurs; while also giving them an opportunity to be more visible to, and network with potential investors. The competition aims to inspire and challenge our alumni to push their potential to the next level.
This year’s competition process is as follows:
- Who is it for?
Only open to FATE Foundation Alumni business men and women who graduated from FATE in 2015 and 2016.
Click here to apply and send a completed business plan to firstname.lastname@example.org with the subject “FATE FOUNDATION 2017 Business Pitch Competition”. Please note that only complete business plan documents (of not more than 10 pages) will be reviewed. Also ensure that you have a 2-3 page Executive Summary included. Application opens on July 18, 2017 and closes by 12:00am (midnight) on August 18, 2017.
- Business plan review process
Through a rigorous and competitive process involving independent consultants and Business Plan reviewers, all complete business pitches will be reviewed and shortlisted to showcase top 10. These 10 will then move on to the next round: the Pitch Fest.
- Pitch Fest
The top 10 business plans will be presented to a panel of our experienced partners, investors and leaders. The applicants will be invited to pitch their ideas to the judges who will listen to the presentation, ask challenging questions and give constructive feedback. They will then select the top 3 with the best business plans based on pitching skills, level of idea development, growth potential, passion and creativity. The selected participant winners of the competition will go home with N500,000, N300,000, N200,000 cash prizes respectively and other exciting business support services. The results will be announced at the 2nd Annual FATE Foundation Alumni Conference on September 27, 2017.
- 1st Place – N 500,000
- 2nd Place – N 300,000
- 3rd Place – N 200,000
- Exciting Business Support Services
- Application: July 18– August 18, 2017
- Review and Shortlisting process: August 21 – September 8, 2017
- Announcement of top 10 and Business Pitch Fest: September 11 – September 20, 2017
Best of Luck!