Risevest CEO Joins South East Venture Capital Program as Judge
Eleanya Urum Eke, Founder and CEO of Risevest, has been named a virtual judge for the South East Venture Capital Program Pitch Competition. This initiative, spearheaded by the South East Development Commission, aims to accelerate entrepreneurship, innovation, and venture creation across Nigeria’s South East region.
Focus on Supporting Emerging Startups
As part of a broader economic development agenda, the program seeks to identify high-potential startups and emerging founders while connecting them with funding opportunities, mentorship, investor networks, and long-term support for their ventures.
Notable Figures in the Initiative
Eke joins a distinguished panel of entrepreneurs and investors, including Ndubisi Ekekwe of Tekedia Institute and Eliezer Ajah from 3MTT, who are integral to this initiative. Yemisi Ajeojo and Nkem Nweke, a Growth Promotion Partner at Lagos Business School/PAU, further enhance the program’s discussions around innovation and economic growth in the region.
Context of the Pitch Competition
This pitch competition emerges during a pivotal time when conversations about decentralizing Africa’s startup ecosystem and facilitating access to venture capital beyond conventional commercial hubs are gaining traction. It highlights a growing recognition of the need for diverse funding sources across the continent.
Eke’s Commitment to Youth Development
As the founder of Risevest, Eke is deeply engaged in initiatives aimed at fostering opportunity creation, youth development, and sustained economic engagement through technology and innovation.
The Need for Early Support in Entrepreneurship
Eke stressed the significance of the program, advocating for the timely identification and support of entrepreneurial talent. He noted, “One of the most detrimental acts a society can commit is to overlook extraordinary talent. The Southeast is abundant in intelligence and ambition, yet it often lacks access to crucial resources—capital, leadership, networks, and visibility—that enable innovative ideas to thrive.”
Potential for Innovation in Africa
Eke underscored the transformative potential of supporting early-stage founders, stating, “The future of Africa’s economies will hinge on individuals creating viable solutions to pressing issues. Initiatives like this foster an environment where innovation can flourish, sparing us from having to seek survival solutions outside the continent.”
Commitment Beyond Venture Capital
In addition to his work in venture capital and technology, Eke has actively contributed to educational initiatives, including Chess in African Slums and the South East Olympics. His philanthropic efforts also extend to enhancing academic infrastructure in Nigeria, aimed at advancing the learning and research landscape.
