StarNews Business Competition for Nigerian Entrepreneurs 2024

StarNews Mobile, in collaboration with the Global Black Economic Forum (GBEF), is excited to unveil an entrepreneurial contest in Lagos, Nigeria. This groundbreaking initiative aims to bolster Nigeria’s burgeoning Small-Medium Enterprises (SMEs) by offering them a chance to secure crucial investments and forge strategic partnerships with the United States. The competition, co-hosted with MTN and the United Nations Agency for International Development (USAID), promises to be a beacon for budding entrepreneurs, providing them a stage to present their business ventures and achieve widespread recognition. Spanning 10 weeks from April 8 to June 14, 2024, this platform is set to be an exclusive event.


Since its inception in 2017, StarNews Mobile has supported African content creators, enabling them to earn through a unique subscription model. Today, it celebrates a robust network of over 4 million subscribers and a vibrant community of more than 120 content creators. StarNews Mobile’s influence stretches across six countries—Cameroon, Nigeria, Côte D’Ivoire, Congo, Benin, and Ghana—and boasts significant collaborations with major telecom giants like MTN and Orange.


StarNews Mobile Business Competition Overview

Application Deadline: April 5, 2024

Award: NGN5,000,000

Funding Type: Partially Funded

Eligibility: Entrepreneurs of any gender

Sponsor: StarNews Mobile

Key Benefits:

  • Exclusive mentoring opportunities
  • Funding to scale your venture
  • Strategic partnerships
  • Access to tools for socio-economic development via the Global Black Economic Forum
  • A chance to win up to NGN5,000,000 in cash prizes from StarNews
  • Exposure to a network of potential investors and national visibility on the StarNews platform
  • The top three winners will receive expert coaching from the GBEF Academy for Advancing Excellence. They will be integrated into GBEF’s global leadership ecosystem, focusing on social and economic justice within the Black Diaspora.

Eligibility Criteria:

  • Must be at least 50% Nigerian-owned and operated
  • Officially registered in Nigeria with a valid CAC
  • Main business activities should be within Africa
  • A minimum web/social media following of 1,000 followers
  • At least 2 years in formal operation with 2 consecutive years of turnover
  • Contributes positively to Africa’s socio-economic landscape, aligning with the Sustainable Development Goals (SDGs).

How to Apply:

Are you ready to elevate your business to new heights? If you meet the qualifications, apply by visiting StarNews Mobile at before the April 5, 2024 deadline. Don’t miss this unparalleled opportunity to drive your business forward with the support of global leaders in entrepreneurship and innovation.


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