Heritage Bank tasks HB LAB start-ups on Nigeria becoming Africa’s ICT destination hub

[vc_row][vc_column][vc_column_text]Heritage Bank Plc, Nigeria’s most innovative banking service provider charged applicants of HB Lab start-ups to support Nigeria’s aspiration and roadmap to become a leading Information Communication Technology (ICT) Hub in Africa. Executive Director of the bank, Jude Monye disclosed this at the launch of the maiden edition of the new innovation-driven concept, HB LAB yesterday, in Lagos. Monye commended the 10 teams of contestants who made it to the LAB, whilst charging them to replicate the Rwand’s ICT digital tech system feats. He, however, canvassed for indigenous production of advanced technological systems, as against leaving the core job in the hands of foreigners. Addressing the applicants, Monye said, as usual, the financial powerhouse is known for supporting and sponsoring investment ideas that have the potency of challenging the status quo with the motive of impacting positively on the critical sectors of the nation’s economy.

According to him, the management of Heritage Bank is always seeking viable business ideas that could compliment the fiscal policies of the government with the ultimate aim of growing and developing the aggregate economy. At Heritage Bank, we help aspiring entrepreneurs to create, preserve and transfer wealth. What we are gathered here for today, is another moment of innovation-driven concept that is expected to provide startup enterprises with enabling environment, resources and support required to innovate and accelerate impactful solutions for the economic development drives, he said.

For this maiden edition, Monye explained that Heritage Bank has ceded the professional handling of the 12-week competition to a consultancy firm. According to him, this was done to allow for professionalism, fair-play and objectivity. He further stated that his management was not really particular about any sector of the economy, as the winner could emerge from any industry as long as his proposal is strong enough to impact positively on the various sectors. His words: We are not zeroing in on any particular idea or industry; we are more interested in the result achievable in different sectors.

The application portal https://www.hblabs.com.ng/ which was launched on the 31st January 2019 closed on the 14th February 2019. About 154 applicants who applied were reviewed 30 who made above average score and grouped into 10 Teams, whilst at the end of the 12 weeks programme will produce the best Tech start-up as a Team.

Similarly, Ike Williams, Directorate Head, Service Bank/Chief Information Officer, Heritage Bank congratulated the participants in attendance. He said for them to scale the first hurdle, it shows that the quality of their proposals was higher than that of their counterparts who were screened out. He stated that the management of Heritage Bank and the consultants would be looking out for innovation, commitment, sincerity of purpose among other variables before any contestant could be picked as winner. Meanwhile, Williams assured them that even if they do not win, the experience they would have gained while they are on the programme will be useful for them in growing their enterprises.

Among the participants at the launch are: Mile12Food; 365weddingedit; and TREP Labs. Others are: Simbibot, BBOX, Nesterpod, LadipoMarket.com, Fashion Map and Iden2five.[/vc_column_text][/vc_column][/vc_row]

L-R: GoodLuck Linda, WOSSA Chief Welfare officer; Helen Unabor, WOSSA Chief Protocol officer; Olawale Osundele, Regional Head, Lagos Island 1, Lagos Island 1 Zone, Heritage Bank; Amb. Tayo Thomas, President of WOSSA; Dame Jennifer Omotayo-Thomas, Vice president, WOSSA and John Adah, Team Member, Corporate Communications, Heritage Bank, during the award ceremony held in Lagos to mark this year’s International Widows Day themed: Gender Equality Today for a Sustainable Tomorrow”

PRESS RELEASE

Heritage Bank supports over 500 widows, receives UN Award for Humanitarian Service 

Heritage Bank received the 2022 United Nations Award for Humanitarian Service from the Widows & Orphans Support Society of Nigeria (WOSSA), as no fewer than 500 widows and orphans in Lagos State benefitted from the Bank’s support. 

This was made known during the award ceremony held in Lagos to mark this year’s International Widows Day themed: Gender Equality Today for a Sustainable Tomorrow”.

The event was an opportunity to recognize Heritage Bank’s Corporate Social Responsibility (CSR) roles to widows, their children and other less privileged within the society.

Speaking during the awards presentation, Founder, Widows & Orphans Support Society of Nigeria (WOSSA), Ambassador Tayo Thomas, said Heritage Bank is one of the group’s key partners and has for years shown massive support to the widows. 

He said: ” Basically, we are giving this award to people and organizations that have been supporting the less privileged widows. These are our partners, they have been doing great service to humanity, especially service the less privileged widows in meeting their financial needs and those of their children”. 

Continuing, he said: “The United Nations Humanitarian Award is to appreciate and acknowledge them for their support to the less privileged widows. The United Nations Humanitarian Award is an award we give every 24th of June to those who have really supported the widows. Those who have joined us to fight against injustice against the widows. That is the reason for today”. 

Speaking at the event, Heritage Bank Regional Head, Lagos Island 1, Olawale Osundele, said the bank has for years, remained committed to improving people’s lives. 

He said: “It has always been one of our front liners to always improve the quality of people’s lives right from childhood. And today that they are marking the International Widow’s Day, we are also part of the support team to WOSSA in various aspects.”

“We have been supporting them in terms of providing quality education for children of widows to ensure that life after the death of their husband is still good to them and their children. We also support the children and orphans and the less privileged in the society,” he added.

According to Osundele, the bank’s support to the widows has always been a source of joy to them.  “It means that life still means a lot to them. You can see the joy in their faces. Despite what they are going through, they are still very happy and relevant in society,” he said. 

One of the widows at the event, Mrs. Felicia Ugwunwanne thanked Heritage Bank and WOSSA for their continuous support to the widows and less privileged. 

She said that WOSSA is through the support of partners such as Heritage Bank, making life better for the widows and their children. 

“The WOSSA has for years, been assisting so many of us, including our children and orphanages. WOSSA gives us cash, help some widows to pay their house rent, school fees for widows’ children, among other things,” she said.

Ugwunwanne said the widows under WOSSA are being trained for skills acquisition to improve the quality of their lives.

“I am aware that the WOSSA is working on securing loans from Microfinance Bank, and we have completed forms to achieve the purpose. Our members are prepared to access the loans. Some of the widows have gone to learn some skills that will enable them to invest and succeed in whatever craft or business they are doing so that they will not continue to depend on people,” she said. //END.//

Ozena Utulu, Ag. Group Head, Corporate Communications