Applications are now open for the Babatunde-Anjous Business Idea Competition 2026, a high-impact platform for Nigerian entrepreneurs to pitch innovative ideas and win up to \u20a62 million in grant prizes.\n<\/p>\n
Organized in collaboration with the Lagos Business School Business Innovation Accelerator, this competition is designed to identify bold, scalable solutions to pressing societal challenges in Nigeria.\n<\/p>\n
About the Competition<\/p>\n
The Babatunde-Anjous Business Idea Competition is part of the broader Business Innovation Accelerator (BIA) initiative, which focuses on developing impact-driven entrepreneurs capable of transforming Nigeria\u2019s economy through innovation.\n<\/p>\n
The competition provides a platform for entrepreneurs to present business ideas that solve real-world problems, with opportunities for funding, mentorship, and exposure to investors and industry leaders.\n<\/p>\n
Participants will also get the chance to pitch live at the Babatunde-Anjous Entrepreneurship Day event.<\/p>\n
Grant Prizes and Benefits<\/p>\n
Selected participants will gain access to:\n<\/p>\n
Up to \u20a62 million in grant funding for winning ideas
\nOpportunity to pitch to investors and industry experts
\nExposure to business leaders and decision-makers
\nAccess to mentorship and entrepreneurial support
\nParticipation in a high-profile entrepreneurship event<\/p>\n
Top applicants will be shortlisted to present their ideas at a live pitch session.\n<\/p>\n
What the Organizers Are Looking For<\/p>\n
Applicants are expected to submit innovative, practical, and scalable business ideas that address key challenges in Nigeria.\n<\/p>\n
Submissions should typically include:\n<\/p>\n
Problem statement
\nProposed solution
\nBusiness model
\nFeasibility and implementation plan
\nProfitability and sustainability strategy<\/p>\n
Ideas with strong social impact and scalability potential are highly encouraged.\n<\/p>\n
Eligibility Criteria<\/p>\n
To apply for the competition, applicants should:\n<\/p>\n
Be Nigerian entrepreneurs or aspiring founders
\nHave a viable business idea or early-stage startup
\nBe able to clearly articulate the impact and scalability of their idea
\nBe available to pitch if shortlisted<\/p>\n
The competition is open to individuals passionate about solving real societal problems through business innovation.\n<\/p>\n
Shortlisted candidates will pitch live at the Entrepreneurship Day event scheduled for April 30, 2026.<\/p>\n
Step-by-Step Guide to Apply<\/p>\n
Follow these steps to successfully apply:\n<\/p>\n
Step 1: Visit the Application Portal<\/p>\n