Standard Chartered Bank (Nigeria) Limited has unveiled the fourth edition of its SC Women in Technology Incubator, aimed at fostering the economic and social progress of women in Nigeria through technology-driven entrepreneurship and innovation.
Having successfully completed the previous three editions, which produced 15 winners collectively receiving over US$150,000 in seed funding, the initiative remains committed to empowering women-owned small enterprises and promoting greater gender diversity in technology entrepreneurship.
The Standard Chartered Women in Tech programme focuses on female-led entrepreneurial teams, offering them training, mentorship, and seed funding.
Similar to the previous edition, 11 aspiring businesswomen will undergo an intensive 12-week executive bootcamp, where they will engage with industry experts, business development coaches, and executives from Standard Chartered.
At the conclusion of the training period, five winners with the most compelling ideas will be selected, with each recipient being granted up to US$10,000 to invest in their ventures.
Head Corporate Affairs, Brand and Marketing for Standard Chartered Bank Nigeria Limited, Dayo Aderugbo, expressed delight about the launch of the fourth edition, emphasizing the potential impact of the programme on the socioeconomic empowerment of women entrepreneurs in Nigeria.
Aderugbo highlighted the program’s contribution to business sustainability, job creation, and its positive effect on the economy.
Since its initial launch at the City College of New York, USA in 2014, where the Women Entrepreneurs Resource Centre was established, the Women in Tech program has expanded to various markets, including Bahrain, Ghana, Zambia, Saudi Arabia, Kenya, and the UAE.
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