Submission Deadline: October 5, 2024

FinRemit-Jimpo Women Business Pitch Competition

As part of the #JimpoCuteBaby2024 season and in celebration of the 10th anniversary of Jimpo-ORI Shea Butter, amuGOLD Nigeria and FinRemit UK are proud to introduce the #JimpoMumPrenuer 4 #FinRemitBusinessPitch season 1

A Total Package of ₦1,000,000 for Win

Phases

This business pitch initiative offers a total package of N1,000,000. The first phase provides a N500,000 grant, while an additional N500,000 working capital loan will be available to those who have successfully utilized the grant and need more funds to scale up their supply operations.

Phase 1 Prizes
Grant – ₦500,000

1st Position

₦250,000

2nd Position

₦150,000

3rd Position

₦100,000

Phase 2
Zero-Interest Working Capital Loan – ₦500,000

Participants who successfully use the grant will qualify for a zero-interest working capital loan of up to N500,000 after 3 months of proven business operation. This loan can help scale their business as a wholesaler, retailer, or distributor of Jimpo-ORI products.

Eligibility

To participate, you must meet the following requirements:

Previous User of Jimpo-ORI

You must have used Jimpo-ORI products for your baby and provide proof of usage.

Aspiring Seller

You should have a solid business case for becoming a seller of Jimpo-ORI products, whether as a distributor, retailer, or wholesaler.

Pitch Guidelines

Submit a high-resolution 60-second video that includes:

A showcase of one or two Jimpo-ORI products

Explanation of why you want to sell Jimpo-ORI products

A brief explanation of the demand for Jimpo-ORI products in your locality

A clear breakdown of how you will use the grant (products) to start your business.

How you plan to grow your business into a successful distributorship, retail, or wholesale operation.

Terms of Participation

Submission Deadline

All pitch videos must be submitted by October 5, 2024. Limited entries will be allowed, so early submissions are encouraged.

The grant will be awarded in the form of Jimpo-ORI products based on the winner’s preference.

After 3 months of successfully utilizing the grant, participants will be eligible for a zero-interest working capital loan to further grow their business.

The grant (in product form) and loan must be used for business-related expenses such as inventory, marketing, and operations.

All submitted videos will be posted to FinRemit’s Instagram and YouTube channels.

The video with the highest number of views and likes combined from both platforms will be declared the winner.

How to Enter

1. Follow FinRemit on Instagram

 and Jimpoorishea on Instagram

2. Record a 60-second pitch video showcasing your plan. Submit your video by pressing the button below.

Apply for FinRemit-Jimpo Women Business Pitch Competition