Hazibian International Limited, a diversified real estate and asset management firm, has awarded a ₦1 million non-equity business grant to Nutraboom, the top-performing venture at the Nexus 2.0 Startup Pitch Competition. The early-stage capital injection is designed to help the emerging enterprise scale its operations, acquire raw inventory, and expand its retail market presence within Nigeria’s competitive consumer goods and nutrition landscape.
The enterprise-led financing model highlights a growing focus on private-sector startup incubation:
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Commercial Growth Over Abstract Ideas: Nutraboom secured the top spot after presenting a scalable business model to a panel of investment judges, demonstrating solid growth prospects, clear unit economics, and positive potential for local economic impact. The seed capital will be deployed to optimize production logistics and scale their customer acquisition channels.
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Diversifying Corporate Social Responsibility (CSR): Presenting the prize at the grand finale, Mrs. Terah Melford, Founder and CEO of Hazibian International Limited, stated that modern corporate philanthropy must shift from traditional donations toward sustainable wealth creation. She emphasized that the private sector must intentionally fund youth-led startups to accelerate job creation and build long-term economic resilience.
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Strengthening the Startup Support Framework: Organizers noted that pitch platforms like Nexus 2.0 serve as essential validation arenas for early-stage entrepreneurs. By bridging the gap between small businesses and private capital providers, the initiative helps local innovators transform raw ideas into structured, sustainable, and investment-ready companies.
