Ecobank Launches InnovateX Youth Competition, N20m Up For Grabs

Ecobank in partnership with Heave Ventures, has  announced the launch of InnovateX, a competition designed for young talents aged 16–25 in the Creatives and STEM (Science, Technology, Engineering, and Mathematics) sectors with a N20 million prize to be won.

Speaking at the launch event in Lagos, managing director and Group executive of Ecobank Nigeria, Bolaji Lawal, said “InnovateX is Ecobank’s initiative to shape the future of African enterprise. By equipping young creators and innovators with practical tools and opportunities, we empower them to transform their passion into scalable impact.”

Encouraging youths to seize the growth opportunities provided by Blaze through InnovateX to learn, gain international exposure, and win prizes, he said “InnovateX is more than just a competition, it is a development platform offering hybrid bootcamps, expert-led pitching and business workshops, mentorship, international exposure, and a chance to pitch at a high-profile grand finale.

“The top 10 participants will share a prize pool of N20 million, alongside recognition and growth opportunities from Ecobank and its partners”, he stated. Asides this, he said Ecobank in line with the campaign is spotlighting its youth-focused product, the Ecobank Blaze Account, designed for digitally savvy young people ready to bank smartly and build their future.

The Blaze Account which is tailored for youth aged 16–25 and comes with  a free debit card, three free NIP transfers every month, automatic eligibility to participate in InnovateX and other youth-focused programs, access to EPAC Studio, a creative hub for digital content and production as well as an opportunity to become a Campus Ambassador.