BrandArena: Mebic Organic Wins Top Honors at Nigeria's National Entrepreneurship Competition

Wednesday 12 June 2024

Mebic Organic Wins Top Honors at Nigeria's National Entrepreneurship Competition

Mebic Organic, a startup dedicated to providing chemical-free foods and spices for households and industrial use through eco-friendly processes, claimed first prize at the national finals of the Entrepreneurship World Cup (EWC) competition. The event took place on Saturday, June 8th, 2024, at Artisan Lounge in Victoria Island, Lagos.

The competition coincided with the inaugural Entrepreneurs Lounge, a gathering designed to foster networking and idea-sharing among entrepreneurs. Mrs. Patricia Ojora, Founder and CEO of Promoprint Ventures Ltd, delivered the keynote address, inspiring attendees with her experiences. The evening also featured games, music, networking opportunities, and business pitches, creating an ideal environment for entrepreneurs to connect and gain valuable insights.

The Entrepreneurs Lounge, organized in partnership with the Enterprise Development Centre and Bluerock Accelerate, is set to become a recurring event across various cities in Nigeria.

Other notable finalists in the EWC Nigeria National Finals included Vet Konect from Makurdi, which leverages technology to provide animal health services and social protection for livestock farmers and pet owners across Africa, and EarlyBean from Lagos, a startup focused on teaching kids and teens smart money management skills through interactive courses, quizzes, and games, while equipping parents with tools to guide their children’s financial journeys.

Medplan from Benin City, a startup dedicated to improving healthcare delivery for both individuals and healthcare providers by leveraging the power of technology to help healthcare providers deliver better care and improve outcomes.

Mebic Organic from Abeokuta, a startup that provides chemical-free foods and spices for both households and industrial purposes, using an eco-friendly process to ensure maximum nourishment.

Vet Konect, EarlyBean, Medplan, and Mebic Organic advance to the “EWC 250” - the next round of the global competition against applicants from 200 countries. All founders advancing to the next round will participate in a Bootcamp featuring virtual training and mentoring sessions targeted to their company’s current stage and growth trajectory. This is a key step to qualify for the EWC Global Finals.

According to the  Managing Director, GEN Nigeria Dr Olawale Anifowose, “The top 100 finalists globally will advance to pitch live for a share of USD 1 million in cash prizes at the EWC Global Finals held in Riyadh, Saudi Arabia, in Fall 2024. Global finalists also gain automatic entry into the GEN Starters Club, an invitation-only community of talented founders from around the world.”

Judges for the national competition were: Adeoye Ojuroye - Executive Director & CFO, Providus Bank, Adetokunbo Ajetunmobi - Managing Director, Capival Investment, Patricia Ojora - Founder/CEO, Promoprint Ventures Ltd, and Bayo Rotimi - MD/CEO, Quest Advisory Services Limited,

The EWC Nigeria National Finals were organized by GEN Nigeria in partnership with the Enterprise Development Centre of Pan-Atlantic University and sponsored by Providus Bank.

Since launching in 2019, the Entrepreneurship World Cup has attracted 430,000 registrations from 200 countries and connected founders with over USD 4 million in cash prizes and another USD 266 million worth of free support and services. The Entrepreneurship World Cup is hosted globally by the Global Entrepreneurship Network and Monsha’at.

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