Deadline: 27-Dec-22
Applications are now open for the 2023 Deji Alli ARM Young Talent Award (DAAYTA).
The Deji Alli ARM Young Talent Award is an ARM initiative in partnership with TechnoVision’s TVC Labs that aims at providing young Nigerians with an opportunity to develop innovative start-up ventures that add economic value to Nigeria.
The DAAYTA 2023 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. It seeks to support business ideas that intentionally create a positive societal impact while generating a financial return.
Focus Areas
- Agriculture
- Education
- Healthcare
- Housing
- Transportation
Prize Details
- The winner of DAAYTA 2023 Programme will receive Funding of N12,000,000 (twelve million naira) over a one (1) year period for the following purposes:
- contribution to working capital.
- Participation in an entrepreneurial education programme at the Pan Atlantic University’s Enterprise Development Centre in Lagos, Nigeria
- receive a 5-month acceleration support services for the development of their venture by TVC Labs.
- The second stage of the programme will require thirty (30) shortlisted applicants to submit a POEM Framework business plan, a Marketing/pitching video, detailed profiles of their Board (Directors & Advisers), and Team members, sharing their Education, Careers, Key Accomplishments and LinkedIn profiles.
Eligibility Criteria
- To be eligible for the award, the applicant must:
- be a citizen of Nigeria
- be between 18 and 35 years of age
- submit their application which must be their 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 if required
- be available (with co-founders/team where they exist) for the 2-day Pitch Workshop and Final Pitch Event scheduled for April 2023
- understand the business of ARM, what they stand for; and
- be ready to represent ARM as an Ambassador
- The Programme Winner shall:
- partake in an incubation period to develop the winning MVP into a workable one, with the duration of such incubation period dependent on the winning MVP and same to be communicated to the Programme Winner at commencement;
- comply with the rules and regulation of the PAU-EDC incubator as well as a designated mentoring institution to be decided by ARM;
- notify ARM at any time he/she is absent from the Management Programme; and
- not discontinue or otherwise abandon the Management Programme, or transfer to any other institution without the prior written consent of ARM.
For more information, visit VC4A.