Standard Chartered Launches Women in Tech programme in Nigeria to support Women Entrepreneurs

Standard Chartered Launches Women in Tech programme in Nigeria to support Women Entrepreneurs

Must Read

List of Guaranty Trust Bank Sort Codes & Branches (with addresses) in Nigeria

The sort code is a number which usually identifies both the bank and the branch where an account is...

Spectranet Partners Zenith Insurance, Offers SpectraSure – a Protection Cover for MiFis and Modems Against Theft and Accidental Damage (Photos)

The partnership with Zenith Insurance will further help nurture the relationship Spectranet has with its subscribers. The partnership embodies...

Top 10 Most Expensive Universities In Nigeria

For many Nigerians, high-quality higher education is a luxury. There are many private universities who are known not only...
- Advertisement -
- Advertisement -

Standard Chartered Bank (Nigeria) Limited has launched the SC Women in Tech Incubator, to support and promote the economic and social development of women in Nigeria through innovation or technology led entrepreneurship. Through this initiative, the Bank will be focusing on capacity building for women-owned small enterprises and see this as a great opportunity to support greater diversity in gender representation within technology entrepreneurship for women in the country.

The Standard Chartered Women in Tech programme will target female-led entrepreneurial teams and provide them with training, mentorship and seed funding. There will be an open call for participation leading to a final selection of up for the top 10 contestants with the most compelling ideas. At the end of the training period, up to five winners will be chosen and each winner will be awarded up to USD10,000 to invest in their business.

Standard Chartered Launches Women in Tech programme in Nigeria to support Women Entrepreneurs
(L-R): Abisoye Akinfolarin, Founder, Pearls Africa Foundation; Odun Eweniyi, CoFounder, PiggyVest; Olga Arara-Kimani, Regional Head, Corporate Affairs, Brand and Marketing, Africa and Middle East; Lamin Manjang, CEO Standard Chartered Bank Nigeria; Oreoluwa Lesi, Executive Director, WTEC; Nike Adeyemi, Executive Director, FATE Foundation and Bode Abifarin, COO Flutter Wave Incorporated at the SC Women in Tech Incubator launch recently.

The event included an all-women panel discussion led by Olga Arara-Kimani, Regional Head, Corporate Affairs, Brand and Marketing, Standard Chartered Bank along with Adenike Adeyemi, Executive Director, FATE Foundation; Bode Abifarin, COO of Flutter Wave Incorporated; OdunEweniyi, CoFounder, PiggyVest; Abisoye Ajayi-Akinfolarin, Founder, Pearls Africa Youth Foundation; and OreoluwaLesi, Women’s Technology Empowerment Centre who moderated the session.

Read:  President Buhari Sends Condolence Message To France Over Notre Dame Fire

The panel discussed the importance of establishing sustainable businesses that meet specific pertinent socio-economic demands; demystifying technology and making it accessible to more women and youths as part of economic empowerment. The panel also highlighted the need for more collaboration between sectors; proper profiling of businesses for access to funds and specialist support; hands-on training and mentoring.


Commenting on the launch Dayo Aderugbo, Head, Corporate Affairs, Brand and Marketing, Nigeria and West Africa at Standard Chartered Bank said  “We are pleased to launch the SC Women in tech Incubator in Nigeria today. We are optimistic about the impact this programme will have on the socio-economic empowerment of women entrepreneurs in Nigeria. The support the beneficiaries will get will go a long way in ensuring the sustainability of the businesses while creating employment for more women and youths in the country. We are excited about the endless growth opportunities and ripple effect impact this growth will have on the economy. This initiative builds on the Bank’s track record of increasing women’s access to entrepreneurial finance, employability and supporting adolescent girls and women through financing and capacity building.

Read:  Satzenbrau Receives International Award For Taste And Quality

The launch of the programme in Nigeria follows a successful rollout of a similar initiative in the USA, Kenya, Pakistan and more recently in UAE by Standard Chartered.  The Bank first launched the programme to support women in technology in 2014 at the City College of New York where it created the Women Entrepreneurs Resource Centre. The US program includes a dedicated workspace, mentorship, coursework and access to an extensive network designed to support entrepreneurs navigating the challenges of starting a business.

Nigeria is the fifth market selected by the Bank to launch the Women in Tech programme.

- Advertisement -

Subscribe to BrandSpur Ng

Subscribe for latest updates. Signup to best of brands and business news, informed analysis and opinions among others that can propel you, your business or brand to greater heights.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Latest News

MDXi to Unveil First Locally Available Microsoft Stack Cloud Offering at Nerds Unite 2020 in Partnership with Microsoft and HPE

LAGOS, NIGERIA - EQS Newswire - February 20, 2020 - On February 21, 2020, MDXi, MainOne's data center subsidiary,...

#FixPolitics: Nigeria Operates Monopoly Democracy – Ezekwesili

Former Nigerian Minister of Education, Obiageli Ezekwesili, on Monday, said Nigeria has retrogressed because the political elites have perfected a “monopoly democracy” over the...

5G To Support More Than 10% of Global Mobile Connections by 2023

Cisco, global technology leader, has released a new annual Internet report which assesses digital transformation and provides information on the growth of internet users,...

eLaLiga Santander Is Presented In Partnership With The Support Of 34 LaLiga Santander And LaLiga SmartBank Clubs (Photos)

The Palacio de Neptuno in Madrid rolled out the red carpet to welcome the 34 clubs that will participate in this season’s eLaLiga Santander,...
%d bloggers like this: