Sterling Bank To Kick-off Sterling Bank Green Innovation Challenge, Sets Criteria

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The Sterling Bank Green Innovation Challenge is open to applicants. SMEs, cooperatives, and social entrepreneurs who want to take advantage of the Sterling Bank Green Innovation Challenge can apply.

You might wish to look at this possibility if you are an entrepreneur or venture leader in the CleanTech, social enterprise, or agriculture sectors and you would like to get funding to expand your company or intervention.

Those developing startups, SMEs, or other business models centred around innovation, sustainability, and environmental change are eligible to apply for the Sterling Bank Green Innovation Challenge.

Benefits:

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The following are some advantages of this program:

  • An award of ₦2 million for companies in the CleanTech sector
  • Facilities worth ₦20 million for companies in the agriculture sector
  • Businesses in the social enterprise category are eligible for a ₦2 million grant.

Qualifications:

BrandSpur banking and finance news desk reports that those who fit these requirements are eligible to participate in this program:

  • Aged 18 to 35 (agricultural category), 20 to 45 (clean technology category), or a woman between 18 and 45 (social enterprise category)
  • It is necessary to allocate funds for the specified purpose.
  • Ought to sign a grant agreement with Sterling Bank that specifies how the money will be used.

The deadline for applications is October 20, 2024. You can apply for this chance do HERE if you’d like to.