Uber has partnered with the Lagos State Employment Trust Fund (LSETF) to create business and economic opportunities for individuals and to provide support for Small and Medium Enterprises (SMEs).
The campaign tagged ‘UBERPITCH’, is an initiative that creates opportunities for entrepreneurs to pitch their ideas, learn from highly successful business leaders and potentially get capital to effectively run their business.
Uber’s General Manager for West Africa, Lola Kassim, who commented on the partnership said “in line with Uber’s clear commitment to Africa and our goal of continually creating business and economic opportunities for all, the UBERPITCH campaign sees us supporting entrepreneurs by creating a platform for them to pitch ideas, leverage on relevant advice from business mentors, and potentially receive capital from the Lagos State Employment Trust Fund to run their businesses”.
Speaking on the partnership between Uber and LSETF, Executive Secretary/CEO of the Lagos State Employment Trust Fund, Akintunde Oyebode, said “LSETF’s mandate of job creation by supporting entrepreneurship and employability, is a vision we share with Uber. Since its inception two years ago, LSETF has provided funding worth 6 billion Naira to 8,000 businesses, and trained over 3,000 unemployed Lagos residents, with a view to place them in jobs”.
He added that “through these activities, the Fund has enabled jobs for over 25,000 people, improved productivity of small businesses statewide, and ensured Lagos State remains on a path of sustainable economic growth.”
Margaret Banasko, Country Marketing Lead for Uber in West Africa said “the campaign is divided into two phases. The first phase is where Uber Riders who run tech-enabled businesses submit or “pitch” their ideas; and shortlisted candidates stand the chance of winning Workspace vouchers of up to N1.8 million”.
Revealing details on the second phase of the campaign, she said “the second phase involves business owners to pitch their ideas to a panel consisting of the LSETF and globally recognized entrepreneurs, receive mentoring from highly successful business leaders and potentially get capital to effectively run their business”.