WEMA Bank Hackaholics 5.0 Pitch Competition (Win up to 30 Million Naira Prize)

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Applications are now open for the WEMA Bank Hackaholics 5.0 Pitch Competition. Join the largest community of problem-solvers, visionaries, creative thinkers and Innovators in Africa, at the annual Hackaholics Ideathon, and together, let’s catalyze change with the enabling power of Technology.

Hackaholics is a youth-focused startup competition aimed to provide a platform that enables innovators and startup founders with tech-driven or tech-enabled game-changing ideas and products to grow and blitz scale their ventures.

This laudable initiative is powered by Wema Bank/ ALAT; one of Nigeria’s Most digitally dominant financial institution. There has been 3 previous editions and we are excited to present the 5th edition tagged Meta-Idea. They are committed to powering the next generation of audacious innovators and problem-solvers, who are positioned to solve Africa’s daunting challenges

WEMA Bank Hackaholics Benefits

Grant to build / scale solutions
Support for product and integration
Visibility for your team / solution
Access to community of founders
Coaching / Mentorship for founders
Learn from renowned industry expert

Verticals

They are poised to exploring divergent verticals for innovative solutions:

Education: They will love to see disruptive solutions that utilize technology to enhance learning and improve educational outcomes.
Climate: They love to see climate technology innovative solutions that aim to mitigate the effects of climate change.
CivicTech: They will be expecting to see technology driven solutions that aim to improve the functioning of government and civic society
Insurance: They will love to see technology driven solutions to improve the access to insurance services.
GovTech: They are anticipating game changing solutions that are used to enhance government operations.
Health: They will love to see digital products and services that are using technology to improve and advance healthcare.
Gender-Based Violence: They are looking for innovative tech solutions that will reduce gender-based violence such as emergency messaging apps.
Financial Inclusion: They are looking for technology driven solutions to improve financial inclusion.
Entertainment: They are on the lookout for Entertainment technology solutions to create or enhance entertainment experiences.
FinTech: They are looking for innovative financial technology solutions to improve and automate financial services.

Hackaholics 5.0 Prize

Winner: N30M Worth of prizes
First runner-up: N20M Worth of prizes
Second Runner-up: N15M Worth of prizes
Women-led team: N10M Worth of prizes
University Stem Endowment: N15M Worth of prizes

Hackaholics 5.0 Pitch Centers

Available pitch centers for the 2024 Edition are:

South West: Afe Babalola University, University of Ado-Ekiti, Babcock University, Yabatech, University of Ibadan, LASU, FUTA.
South South: UNIPORT
South East: IMT, Enugu UNEC
Abuja: Nile University Abuja, University of Abuja
North: Bayero University Kano
Rest of Africa: Ghana, Kenya, South Africa, Egypt