Ecobank Awards ₦22m To Young Innovators As Team Vhorde Wins InnovateX Hackathon

Ecobank Nigeria has rewarded outstanding young innovators with a total of ₦22 million in prize money following the successful conclusion of its InnovateX Hackathon, with Team Vhorde emerging as the overall winner of the competition.

The grand finale, held in Lagos on Friday, brought together some of Nigeria’s brightest undergraduate innovators in a competition designed to promote entrepreneurship, technology-driven solutions and youth empowerment.

Team Vhorde clinched the top position, while E-Nation emerged first runner-up, followed by Konvoy in second place, Kredo in third place and Aselabs in fourth position.

All 20 finalist teams received cash rewards in recognition of their creativity, innovation and performance.

Team Vhorde received ₦5 million, while the first and second runners-up went home with ₦4 million and ₦3.5 million respectively. Even the team that finished in 20th position received ₦500,000, bringing the total prize money distributed by the bank to ₦22 million.

The competition, powered by Blaze by Ecobank in partnership with Heave Ventures and Verve, attracted 168 teams comprising 672 students from 90 universities across Nigeria.