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Home Economy Finance

Meet 5 Winners of $10,000 Standard Chartered Women in Technology Incubator program

by Yinka Okeowo
February 4, 2022
in Finance
0
UBA
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Five women joined the league of winners in the prestigious Standard Chartered Women in Technology Incubator programme (SC-WITI) in Nigeria.

Lamin Manjang, Chief Executive Officer, Standard Chartered Bank (Nigeria) announced the winners from the 3rd cohort of the program at the graduation ceremony in Lagos earlier today.

Like the last 2 editions, the 10 young businesswomen in this cohort where shortlisted from over 1,000 applicants and went through a rigorous 16-week executive bootcamp during which they also interacted with business development coaches and executives from Standard Chartered.

At the end of the training period, five winners with the most compelling ideas were chosen with each winner scheduled to also received up to $10, 000 in seed funding to scale up and expand their business operations.

This year’s winners, in no respective order, are;

  1. Oluwadamilola Soyombo– Founder of Skooqs;
  2. Bolarinwa Kemisola– Founder of Nextwear Technology;
  3. Adegbite Adenike– Founder, The Trillionbucks Company;
  4. Zita Agwunobi– Founder/CEO of Iverify, and
  5. Wunmi Akinsola– Founder of Fashtracker
SCWITI
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Rachael Asonibare, Chief Information Officer; Standard Chartered Bank Nigeria Limited (SCBN); Wunmi Akinsola – Founder of Fashtracker, one of the 5 winners of the 2021 Standard Chartered Women in Tech Incubator initiative and Dayo Omolokun, Executive Director, Finance (SCBN) at the graduation ceremony of the SCWITI Cohort 3 in Lagos recently

Speaking on the event, Lamin Manjang, the Country CEO, Standard Chartered Bank (Nigeria), said,

‘Today we congratulate and celebrate these exceptional women who have gone above and beyond to prioritise the growth, sustainability and community impact of their businesses.

Standard Chartered Women in Technology Incubator program MTM_8121
Rachael Asonibare, Chief Information Officer; Standard Chartered Bank Nigeria Limited (SCBN); Oluwadamilola Soyombo – Founder of Skooqs, one of the 5 winners of the 2021 Standard Chartered Women in Tech Incubator initiative and Dayo Omolokun, Executive Director, Finance (SCBN) at the graduation ceremony of the SCWITI Cohort 3 in Lagos recently

As part of our Bold Stands, to Lift Participation, initiatives like the Women in Tech incubator gives us the opportunity to unleash the full potential of female entrepreneurs who in turn are able to improve the lives of people around the world especially Nigeria.

We continue to stand up for equitable access to financial support for women and small business. We are committed to accelerating the provision of quality financial services to women in Nigeria, purposefully connecting SMEs to international markets and building partnerships to expand the reach and scale of financial services.

“These are just some of the ways we continue to reiterate to our communities and customers that we are Here for good.

Standard Chartered Women in Technology Incubator program MTM_8121
Rachael Asonibare, Chief Information Officer; Standard Chartered Bank Nigeria Limited (SCBN); Adegbite Adenike – Founder, The Trillionbucks Company one of the 5 winners of the 2021 Standard Chartered Women in Tech Incubator initiative and Dayo Omolokun, Executive Director, Finance (SCBN) at the graduation ceremony of the SCWITI Cohort 3 in Lagos recently

Dayo Aderugbo, Head of Corporate Affairs, Brand and Marketing, Standard Chartered Bank (Nigeria) added,

“We are optimistic about the impact this programme will have on their businesses. Through the Women in Technology Incubator program, the Bank focuses on capacity building for women-owned small enterprises, under our Futuremakers by SC Community Investment initiative, which we believe serves as a great opportunity to support greater diversity in gender representation within technology entrepreneurship for women in Nigeria. 

The resources the beneficiaries have received from the sessions are theirs for life and will certainly support the resilience of their businesses while creating employment for more women and youths in the country. 

We are excited about the endless growth opportunities and ripple effect this growth will have on the economy.

This initiative builds on the Bank’s track record of increasing women’s access to entrepreneurial finance, employability and supporting adolescent girls and women through financing and capacity building.”

Standard Chartered Women in Technology Incubator program MTM_8121
Rachael Asonibare, Chief Information Officer; Standard Chartered Bank Nigeria Limited (SCBN); Bolarinwa Kemisola – Founder of Nextwear Technology, one of the 5 winners of the 2021 Standard Chartered Women in Tech Incubator initiative and Dayo Omolokun, Executive Director, Finance (SCBN) at the graduation ceremony of the SCWITI Cohort 3 in Lagos recently

Implemented for the Bank by the Enterprise Development Centre (EDC), Pan-Atlantic University (PAU), the programme targets female owned technology driven businesses, including start-ups, and provides the shortlisted candidates with training, mentorship and knowledge exchange sessions with industry experts and thriving businesses in the country. To date, nearly half a million dollars has been invested in the program in Nigeria.

The businesses five selected businesses will also receive portfolio advisory support for 10 weeks. They would be exposed to potential investors and join the global SCWIT alumni network to have access to additional networking events, resources, content, and business scaling opportunities.

Standard Chartered Bank first launched the global initiative to support women in technology in 2014 at the City College of New York, USA where it created the Women Entrepreneurs Resource Centre.

The program is currently also running Kenya, Pakistan, UAE, Zambia, Ghana and Bahrain with the aspiration to launch more tech incubator and accelerator programs for women within the Africa and the Middle East region in the coming years.

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  • Yinka Okeowo
    Yinka Okeowo

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Tags: Dayo OmolokunFashtrackerFuturemakersLamin ManjangNextwear TechnologySCWITISkooqsStandard CharteredThe Trillionbucks Company
Yinka Okeowo

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