The Babatunde-Anjous Business Idea Competition 2026 is now open to Nigerian entrepreneurs and aspiring founders with innovative business ideas.
Organized in partnership with the Lagos Business School Business Innovation Accelerator, this competition aims to support solutions that address real challenges in Nigeria through entrepreneurship.
Overview of the Competition
This initiative is part of a broader effort to identify and support entrepreneurs building scalable and impact-driven businesses.
Participants will have the opportunity to present their ideas, gain visibility, and connect with key players in the business ecosystem.
Prizes and Benefits
Selected applicants can access:
- Up to ₦2 million in grant funding
- Opportunity to pitch to investors and industry experts
- Exposure to business leaders and decision-makers
- Mentorship and entrepreneurial support
- Participation in a major entrepreneurship event
Top candidates will be invited to pitch live at the Babatunde-Anjous Entrepreneurship Day.
What the Organizers Are Looking For
Applications should present strong, practical business ideas with clear impact.
Your proposal should cover:
- The problem you are solving
- Your proposed solution
- Business model and revenue strategy
- Feasibility and execution plan
- Long-term sustainability
Ideas that demonstrate scalability and social impact are highly valued.
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Eligibility / Requirements
To apply, you should:
- Be a Nigerian entrepreneur or aspiring founder
- Have a viable business idea or early-stage startup
- Clearly explain your business impact and growth potential
- Be available to pitch if shortlisted
Application Process
Follow these steps to apply:
- Visit the official application portal
- Prepare a pitch deck (maximum 8 slides)
- Include key business details such as problem, solution, and model
- Complete the online application form
- Upload your proposal
- Submit your application
- Prepare for a live pitch if shortlisted
Pitch Event Date: April 30, 2026
Apply here: https://bia.lbs.edu.ng/pitch-submissions/
Tips to Stand Out
- Focus on solving a real and relevant problem
- Keep your idea simple and practical
- Show clear revenue and growth potential
- Make your presentation concise and structured
The Babatunde-Anjous Business Idea Competition 2026 offers a practical opportunity to turn your idea into a funded venture. If you have a strong concept with real impact, this is a platform worth exploring.
Disclaimer:
Edfrica shares opportunities for informational purposes only. Results and funding outcomes are not guaranteed.