The first pitch
An early idea, tested out loud. Lois, Head Yaadie at YAAD, looks back on the first YAAD x Afribond pitch night in the Salon at Town Hall by Bottaccio, where four founders pitched new ideas and young businesses for feedback and connections rather than a cash prize.
The first pitch
By Lois, Head Yaadie at YAAD SPACE CIC
On our prep call, one of the first things the founders asked was whether there was a cash prize. There wasn’t (yikes, were they going to pull out?). We’d wanted one but didn’t have the budget, so we told them straight: the feedback and the network in the room would be the prize of the night.
The night proved it better than we could have. Pelumi Nubi stepped off a plane after an 18-hour journey to pitch in the Salon at Town Hall by Bottaccio, our host venue partner, and left as our winner. She is building Lumi, “the global courage brand for kids”: a children’s entertainment brand that uses a small purple car’s adventures to help children believe they, too, can be brave. The car is real. Pelumi drove it from London to Lagos in 2024, and its name is Lumi. In a video afterwards, she said putting herself in that room widened her surface area of luck, and that every founder should do the same.
Before it’s finished
4
founders
10
minutes to pitch
10
minutes of questions
4/4
pitchers left with a good contact
Four founders, each with an idea or young business, had ten minutes to pitch and ten to answer questions from an experienced panel. It wasn’t a funding round, but a chance to hear what works and what doesn’t from people who’ve been there, in a room that was on their side. The scorecard rewarded a clear idea, a clear audience and a realistic plan for the next 12 to 24 months, not a finished business.
The first year is when feedback is cheapest. When an idea is still soft, one good question can change its shape. A year in, the same question can cost you time, money or a customer. Pitching early means hearing what you can’t hear from inside your own head: the question you didn’t prepare for, the gap you didn’t see, the person in the room who knows someone.







