Three startups win ₦5m at MTN project in Abuja

The Gathering on 100 Pitchathon, has rewarded some of Nigeria’s most promising young entrepreneurs, with three startups sharing ₦5 million in funding.

The Pitchathon, an MTN initiative, took place at the Abuja edition of the Gathering on 100 held between July 18 and 19, at This Day Dome, Abuja.

The competition brought together founders from different sectors to pitch their businesses before a panel of judges. The Pitchathon remains one of the most sought after experiences at The Gathering on 100, that connects young Nigerians with opportunities for entrepreneurship, innovation and personal development.

Omolola Rebecca, founder of Agrovest, emerged overall winner, receiving ₦2.5 million for her agritech solution, which provides funding for farmers to improve access to capital and boost agricultural productivity. Reacting to her victory, Rebecca said the recognition would give her business greater visibility and open doors to more investors.

“Winning this competition means more people will notice what we’re building. It puts Agrovest in front of potential investors and partners, and gives us the opportunity to grow our impact by supporting even more farmers,” she said.

The second prize of ₦1.5 million went to Agbo Obinnaya, founder of Case Radar, a legal technology platform that uses generative artificial intelligence to simplify access to legal services in Nigeria. The platform enables users to obtain legal guidance, understand legal documents and connect with legal professionals through a single digital platform.

Abdulmuiz Adam secured third place and ₦1 million with WaveBudget, a fintech platform that combines savings and responsible financing. The platform allows users to save towards financial goals, access to buy now, pay later services through partner merchants with a 50 per cent down payment, and manage their savings in one place.

Presenting the prizes to the winners, Lanre Coker, Manager, Customer Acquisition and Compliance, North West, MTN Nigeria, said the initiative reflects MTN’s commitment to supporting young Nigerians with the resources they need to grow their ideas into sustainable businesses.

“The Gathering on 100 is about helping young Nigerians achieve the height of their endeavours, whatever they may be.