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ARM Offers N12m to First Place Winner in DAAYTA Competition

Business | 2 weeks ago

ARM Offers N12m to First Place Winner in DAAYTA Competition

Emma Okonji

The Deji Alli ARM Young Talent Award (DAAYTA) 2024, an annual competition aimed at identifying, supporting, and showcasing innovative young entrepreneurs in Nigeria, through funding, mentorship, and networking opportunities, has awarded N12 million for the first place winner in the 2024 tech competition.

The N12 million award covers business plan development, entrepreneurial education at the Pan Atlantic University’s Enterprise Development Centre (EDC) in Lagos, and acceleration support through a reputable entrepreneurial hub in Lagos, over a one year period.

This year’s competition shone a spotlight on exceptional talent and creativity, particularly highlighting women entrepreneurs who have excelled in leadership roles. Designed to nurture young entrepreneurs with innovative and sustainable ideas, DAAYTA attracted over 750 applications. After a thorough evaluation process, seven businesses were chosen from the final top twelve, benefiting from DAAYTA’s preparatory workshops.

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