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Firm invests N1m in UNILAG student entrepreneurs

Firm invests N1m in UNILAG student entrepreneurs

..Championing Secure Social Commerce and SDGs

In a significant move to bolster the next generation of Nigerian entrepreneurs, Poddin Technologies Limited recently served as the headline sponsor for the Law Students’ Society (LSS) Business Workshop and Pitch Competition at the University of Lagos. Demonstrating a profound commitment to the growth of small-scale businesses in Nigeria, Poddin contributed a total sum of 1,000,000 Naira to the event, providing both the financial backbone for the competition and a platform for intensive entrepreneurial education.

Empowering Innovation through Strategic Sponsorship

The event, themed “Learn It. Pitch It. Grow It.,” was designed as a dual-phase experience centered on skill acquisition and practical application. It kicked off on May 09, 2026, with an educational session led by Samuel Cousin, the Founder and Product Architect of PoddinApp. Cousin, a seasoned software developer with over a decade of experience and a recipient of a Certificate of Congressional Recognition from the U.S. House of Representatives, delivered a masterclass on “Building a Business from Scratch”.

The competition culminated on May 15, 2026, at Ayo Ajomo Hall, where student finalists presented innovative business models ranging from tech platforms for vetted artisans to affordable retail solutions to a panel of judges. From the 1,000,000 Naira sponsorship, 600,000 Naira was awarded directly as seed funding to the top performers:
Overall Winner: 300,000 Naira
1st Runner Up: 200,000 Naira
2nd Runner Up: 100,000 Naira
PoddinApp: A Shield Against Online Fraud

Beyond financial support, the partnership highlights PoddinApp’s role as a transformative social commerce platform dedicated to protecting the integrity of online transactions. In an era where online fraud remains a significant barrier for SMEs, PoddinApp offers essential security and incentive features that empower both businesses and consumers:
Fraud Prevention: The platform provides a secure environment where users can invite vendors to transact, ensuring “peace of mind” and guaranteed 24/7 support to resolve issues.
Referral & Cashback Incentives: PoddinApp rewards its community by offering 1,000 Naira to users who refer others to transact on the platform. Furthermore, buyers receive instant cashback which is rewarded after they confirm the delivery of their order within the app.
Verified Commerce: By requiring participants to create seller accounts and complete transactions on the app as part of the competition criteria, PoddinApp is actively building a community of vetted, reliable entrepreneurs.
Driving Global Goals (SDGs) for Local Impact

Poddin’s 1,000,000 Naira investment directly supports several United Nations Sustainable Development Goals (SDGs), most notably SDG 8 (Decent Work and Economic Growth) and SDG 9 (Industry, Innovation, and Infrastructure). By equipping students with the tools to build fraud-resistant businesses, Poddin is fostering a more resilient and transparent economic landscape in Nigeria.

For businesses looking to scale securely and consumers seeking a fraud-free experience, PoddinApp remains the definitive choice for social commerce.