Heritage Bank Plc has given out grants worth N15m to winners of the maiden edition of HB Innovative Lab.

The maiden edition of Heritage Bank Innovation Lab Accelerator programme was a 12-week programme which held in Lagos, tagged ‘Demo Day’.

This was part of Heritage Bank’s efforts to support Nigeria’s aspiration and roadmap to become a leading Information Communication Technology (ICT) Hub in Africa,

The programme sought to provide technology start-ups seeking additional investments. This will help them progress and accelerate market introduction/adoption of their solutions. And also provide co-working and Internet resources, guidance and mentorship and seed funding.

Heritage Bank’s commitment is to create enabling environment, resources and support required to innovate and accelerate impactful solutions with the potential to radically improve financial Inclusion/Intermediation, health, automobile, agriculture, and other related problems affecting critical sectors of the economy.

The grand finale of the programme comprised of seven groups. Trep Labs-Real Drip emerged the winner with the most compelling solution and won N10m. Ladipomarket.com.ng won the N5m prize, as the first runner-up, which was equivalent of $40,000.

Ifie Sekibo, is the MD/CEO of Heritage Bank. Speaking at the event said Heritage Bank knew it was in the best interest of the country to pay attention to the development to the technology and industrial sector.

Ifie Sekibo added, “The future of the country lies in the hands of its youth. Nigerian youths are talented. Heritage Bank is committed to harnessing this talent to grow the economy.”