ARM wraps up DAAYTA 2021, announces winner of ₦12m grant
He expressed his excitement saying, “I am happy to be the winner of DAAYTA 2021. In addition to the funding, this opens more opportunities for our startup. Working with all the experienced partners increases our chances of reaching our set milestones, and that excites me even more.”
The Deji Alli Young Talent Award (DAAYTA) programme is a youth awards initiative founded in 2015 by ARM in honour of its founding CEO Deji Alli. The award’s goal is to provide support to young entrepreneurs with smart and innovative ideas that positively impact people’s lives and the communities around them.
The top 6 finalists were: Tope Idris Sulaimon with his idea, Scrapays Technologies Limited, a cleantech startup that uses technology to facilitate a decentralized recovery model of recyclable waste in developing nations; Eyitayo Ogunmola whose business idea is a solution called ‘The Nucleus’ because it is the brain box of every premium technology skill training; Akinse Fela Buyi of Salubata which produces modular shoes from plastic wastes; Udebuana Oscar Obiora of Edupoint Limited whose solution Edupoint leverages artificial intelligence to connect students with verified local teachers who deliver one-on-one lessons in any subject, or skill, to help students or learners meet their learning goals; Imodoye Ayokunbi Abioro of Healthbotics whose business solution Lend An Arm encourages the easy transportation of blood using a virtual robot and a mobile application; Uche Kenneth Udekwe with Natal Cares whose business idea seeks to bridge the healthcare information gap existing in underserved communities.
Speaking about the occasion, CEO of ARM Jumoke Ogundare said, “I’m glad to say that the event went well, and I say a big congratulations to the winner Tope Sulaimon of Scrapays Technologies Limited and all runners up. We believe that they all have what it takes to make a sustainable impact in their communities, and we can’t wait to start recording success stories as we have with the past winners of DAAYTA since its pilot edition in 2015. I also appreciate the entire team, sponsor, and partners who have supported this initiative to enable us to achieve our goal of enabling young entrepreneurs with innovative ideas to change the narrative in their various communities.”
The team of judges who delivered the sound judgment were: Dr. Ndidi Nnoli-Edozien – an Angel investor who has dedicated a significant part of her life to building bridges between large businesses and entrepreneurs, helping thousands of people at the bottom of the economic pyramid (BOP) in Nigeria live better lives; Kola Aina, founding Partner at Ventures Platform, an avid angel investor and mentor to startup founders; Sadiq Mohammed, Deputy Group CEO of ARM Group; Folashade Olusanya, a Partner at Jackson Etti & Edu and Victor Asemota, the Africa Partner for Alta Global Ventures, a US-based venture capital company.
Established in 1994 as an asset management firm, Asset & Resource Management Holding Company Limited (ARM) has evolved into one of Nigeria’s most innovative and respected non-bank financial institutions focusing on Traditional Asset Management and Specialized Funds. ARM is a leading investment management firm that provides a diverse range of asset management services to a substantial and diversified client base that includes corporations, foundations and charities, high net-worth individuals, and small savers. See https://www.arm.com.ng/ for more details.
About TechnoVision TechnoVision is the brand name for TechnoVision Communications Limited a technology services company that advises clients on technology-led transformation and early-stage entrepreneurship in Africa. See http://tvcng.com/ for more details.