This announcement launches the formal application period for DAAYTA 2023 as ARM looks for Nigeria’s best and most creative start-up business ideas to take part in this edition.
Entrepreneurs who are interested can apply here.
In 2015, ARM established the Deji Alli ARM Young Talent Award (DAAYTA) program as a youth awards program in memory of Deji Alli, the organization’s first CEO.
The award’s objective is to promote young businesspeople that have bright, original ideas that significantly improve the lives of those in their communities and surroundings.
In keeping with the company’s dedication to corporate social responsibility (CSR), the program aims to develop a generation of change leaders who will collaborate to create a brighter future.
The primary objective of DAAYTA 2023 is to find startups that have a minimum viable product (MVP) and at least one customer.
The DAAYTA 2023 winner will receive funding of $12,000,000 (twelve million naira) spread over a period of one (1) year to develop their business plan, finish an entrepreneurial education at the Pan Atlantic University’s Enterprise Development Centre in Lagos, Nigeria, and finance a 5-month acceleration support to develop their venture via a reputable entrepreneurial hub also in Lagos.
TechnoVision Communications LLC manages the DAAYTA Award, which is in its fifth edition after a successful pilot edition in 2015.
The ARM Asset & Resource Management Holding Company Limited (ARM), which was founded in 1994 as an asset management company, has grown into one of Nigeria’s most innovative and reputable non-bank financial organizations, specializing in Traditional Asset Management and Specialized Funds.
ARM is a top investment management company that serves a wide range of clients, including businesses, foundations and charities, high-net-worth individuals, and small savers, with a wide range of asset management services. For more information, click here.