The Nigerian Economic Summit Group (NESG), a private sector funded organization, announces its first Startup Pitching Events to be held at the 23rd Nigerian Economic Summit in Abuja. The events aim to connect new ventures seeking to raise funds with potential investors.
During the events on October 10 and 11, eight selected early-stage startups will pitch in front of venture capitalists and investors. Each startup will have 5 minutes to pitch to prospective investors and 10 minutes to answer questions from them.
The applications for the startups have now opened on the VC4A platform and the application process will end on September 22, 2017. Shortlisted companies will be announced on September 30th and those entrepreneurs will be invited to make formal pitches on October 10 and 11 to a closed group of investors at the Transorp Hilton Hotel. Eligible ventures must be in the early customer/revenue stage. Prototype or concept stage ventures will not be considered. A number of investors have confirmed and will be announced shortly.
The events are organized in partnership with the Lagos Angel Network (LAN) and Venture Capital for Africa (VC4Africa). VC4Africa’s platform will curate applications, and the pitch materials will be available on the platform to the investors. VC4Africa’s tools will review and shortlist the companies in the run up to the events. Interested startups are invited to visit the NESG website and the NES #23 Startup Pitching Events page on the VC4Africa platform for additional information. Interested investors and partners should contact the NESG Secretariat by email for further information on how to register for the events.
President Buhari visiting the 22nd Nigerian Economic Summit last year
23rd Nigerian Economic Summit
NESG organizes the Annual Nigerian Economic Summit in partnership with the Federal Government of Nigeria through the Federal Ministry of Budget and National Planning. It has become an annual dialogue and indeed the flagship event of NESG and the Federal Government that has provided a credible and widely recognized platform for top policy makers and corporate leaders.
The theme of this year’s Summit, “Opportunities, Productivity & Employment: Actualizing the Economic Recovery & Growth Plan”, will elicit and adopt a solutions-based approach in addressing the issues that will expand opportunities, tackle unemployment and improve productivity. This has become imperative to move away from emphasizing on the challenges and focus on the opportunities because there are considerable opportunities for economic growth and development across sectors and industries.
About the organizer
The Nigerian Economic Summit Group (NESG) was incorporated in 1996 as a non-profit, private sector organization with a mandate to promote and champion the reform of the Nigerian economy into an open, private sector-led globally competitive economy. Over the years, our convening power has provided networking opportunities for our members to connect with business leaders. Membership of the NESG comprises major companies and the Board includes and has included has included the CEOs and leaders of companies like Shell, Exxon Mobil, MTN, UBA, KPMG, Accenture, Dunlop, Phillips Consulting etc.
In collaboration with
Lagos Angel Network (LAN) is the premier angel network in Nigeria and one of the most active in Africa. Founded in 2014, LAN with foremost Nigerian investor, Dotun Sulaiman as Chairman and Tomi Davies, Collins Onuegbu, Tokunboh Ishmael, Dipo Adebo, Segun Olukoya and David Richards as board members, is helping to create a network of business angels that put start-up funding and mentoring into early-stage ventures in Lagos, Nigeria. Since its creation, LAN members have invested in over a dozen Lagos start-ups.
VC4Africa (VC4A) is the Africa platform for start-up funding and the largest online community of entrepreneurs and investors dedicated to building game changing companies on the continent. Join the movement on VC4A.com!