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Entrepreneurs pitch for Mentor Matchup Challenge 4.0

By Maria Diamond
16 October 2021   |   2:36 am
As part of the solutions to Nigeria’s economic downturn, this year’s Mentor Matchup Challenge 4.0 (MMC4.0) pitching competition is set to hold.

Akintunde Marinho; CEO Utopia Media Group (left), Muyiwa Faulkner; CEO Blackcopper, Ezinne Nwazulu; Managing Partner, 234Finance, and Bowofade Elegbede; AVP, Principal Investment, Platform Capital during the Mentor Matchup Challenge 4.0 pitching competition press briefing in Lagos.

As part of the solutions to Nigeria’s economic downturn, this year’s Mentor Matchup Challenge 4.0 (MMC4.0) pitching competition is set to hold.

Aimed at bridging the knowledge gap between successful entrepreneurs and the younger generation of entrepreneurs with a focus on five strategic sectors of the economy including agriculture, fashion and beauty, E-commerce, artisans and manufacturing, FMCGs and traders, the event, which is an initiative of 234finance.com, will take place at the Lagos Oriental Hotel on December 6, 2021.

This year’s edition, which is being organised in partnership with BlackCopper and Platform Capital, will feature panel discussions, intimate mentoring sessions and multiple networking opportunities, which will allow entrepreneurs in attendance to discuss niggling business challenges with mentors in their respective industries.

Entrepreneurs will also get a chance to pitch their businesses to investors in attendance and the winner will be awarded with $10,000 seed funding. The top three finalists will also have an express enrolment into the 2022 Unicorn Incubation Programme powered by Platform Capital.

In her remark, Managing Partner, 234Finance, Ezinne Nwazulu, said: “The Mentor Matchup Challenge is focused towards financing small businesses with seed funding, equipping young entrepreneurs with presentation skills, aiding critical thinking skills as well as business focus, giving upcoming entrepreneurs insights on how to run their startups, creating networking opportunities for entrepreneurs in attendance and preparing entrepreneurs for important conversations that could transform their businesses.”

On the selection criteria for entrepreneurs participating in MMC4.0, Nwazulu said participating entrepreneurs would be assessed based on creativity and innovation, market potential, traction, social impact and personal investment.

“Entrepreneurs can apply by making a one-minute video pitch on the three problems $10,000 would solve in their business and share on Instagram using the hashtags #MentorMatchupChallenge4 and #MMC4. They should also follow @234finance and @mentormatchupchallenge for more updates.”