The APP Student Venture Prize

APP Student Venture Prize is designed to empower the most advanced entrepreneurial ventures by Nigerian undergraduate students. It supports individual students who have identified a significant opportunity, and whose ventures have the potential to create “impact at scale”. The prize is agnostic with respect to what sectors or industries ventures are working in, or even whether they are commercial, social, or have blended approaches. The essential thing is that a student/group of students (max team no. 4) has identified an opportunity or challenge and is thinking big about how to solve it. APP Students Venture Prize is intended to help them accelerate and scale those solutions. Winners will receive prize money, critical mentorship, and access to top business leaders in Nigeria and beyond.

Prize Money
Grand winner(s) will win 1,000,000 in prize money that is designed to help them launch their high-impact ventures into the world. Two first runner up will share 500, 000 consolation prize.
A Network of Support
Prize winners will have access to a deep and knowledgeable roster of mentors, industry contacts, and experienced entrepreneurs to give them support and assistance.
Business School in a Workshop
All our finalists will make it to a boot camp for intense training on different aspect of practical business education; understanding the business environment, defining customer cluster, business plan/proposal that convert, building a team, leveraging digital, scaling and even more.

Critical Dates

1st October 2019
OFFICIAL LAUNCH/PRESS CONFERENCE
APP Student Venture Prize officially launch at Windsworth Hostel with a press conference engaging all stakeholders, the media, top business executives and students.
6th October 2019
APPLICATION OPENS ONLINE
APP Student Venture Prize Applicants can submit their application online. You can access the application questions and content here.
24th November 2019
APPLICATION DUE
Applications are due by November 24 at 11:59 PM. Late applications will not be considered. We recommend completing your application 2 hours before the deadline, if not sooner, to allow time to deal with potential technical difficulties.
3rd December 2019
TOP 10 FINALIST STUDENTS NOTIFIED
The APP Student Venture Prize Selection Committee will review all applications and then select 10 finalists, who will receive notification on December 3, 2019.
6th December 2019
VENTURE PRIZE WORKSHOPS FOR FINALIST
Finalists will receive specialized workshops to help them prepare for the final pitch day – workshops will focus on pitch mechanics, presentation, and substantive evaluation.
14th December 2019
The Lion’s Den/Grand Finale
It’s the big day! Finalists will pitch in front of an esteemed group of APP management and directors, media and invited top entrepreneurs for the grand prize of N1,000,000 in prize money (and infinite glory!). Date is slated for Saturday, December 14th, 2019.

Eligibilty

To be eligible for this prize

You must be an undergraduate in an accredited Tertiary Institution in Nigeria (proof required).
You must have a viable and scalable business idea or an existing business.
You must be the sole owner of the business. 
You must be willing and available to move into and reside in the “APP VENTURE STUDENT PRIZE BOOTCAMP VENUE” in Calabar for the duration of one week if shortlisted.
You must be willing and able to peacefully coexist with the other finalists during the Bootcamp.
You must be in excellent physical and mental health.

Registration

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The Judges

Anhad Narula
Anhad Narula

Anhad has over fifteen (15) years of experience in construction, project development, project finance, corporate strategy and operations. He is the Managing Partner of Africa Plus Partners, and will be responsible for the Fund’s overall management.

Anhad Narula
Adeniran Ajakaiye

Adeniran Ajakaiye (Niran) is a customer focused manager with over 17 years’ experience in Consulting and Banking industries, He has over 12 core years’ experience in Infrastructure financing with key expertise in debt creation, deal structuring, project management, structured finance, VC/PE advisory and Investment Management.

Anhad Narula
Fola E. Ogunsiakan

Fola’s career spans over two decades, covering finance, technology, operations and strategy with a recent focus on early- stage companies and start-ups. His experience as an entrepreneur and business executive at companies such as McKinsey & Company, Motorola, Robertson Stephens & Co, and Cummins has developed him into a well-rounded professional.