Are you a young entrepreneur who is basically hindered by income to push your business forward? Read through this article to find a list of grants, and entrepreneurship programs to apply for in Nigeria.
List of Grants, Entrepreneurship Programs to Apply for in Nigeria
Below is the list of grants, and entrepreneurship programs to apply for in Nigeria:
Tony Elumelu Foundation Entrepreneurship Program (TEF)
This entrepreneurship program has since 2015 empowered 15,847 African entrepreneurs with a non-returnable seed capital of $5,000 each, twelve weeks of business management training, access to experienced mentors, and membership to Africa’s largest entrepreneurial ecosystem.
The foundation disbursed $24.75 million to 5000 African entrepreneurs across Africa for its 2021 entrepreneurship program. It remains one of the largest private sectors which has taken up the mandate to empower African youth and women.
The beneficiaries of the Tony Elumelu entrepreneurship program are growing businesses that have collectively created over 400,000 direct and indirect jobs.
The application for the 2022 Tony Elumelu Entrepreneurship program is still open. Interested applicants should click here to visit their official website.
D-Prize Seeds New ventures that Distribute Proven Poverty Interventions
The purpose of this foundation is to help the world disseminate poverty-fighting tools to places that have not gained access to these tools considering the fact that the world has already invented products and services to end poverty which on the other hand is not accessible by millions of people.
If you can design a new business or NGO that delivers a proven poverty intervention at scale, submit your design for a new organization that solves one of our Distribution Challenges at the D-Prize 0fficial website. They are promising to award the most promising teams with up to $20,000 USD to launch their new organization wherever extreme poverty exists.
Access Bank 5Million Women Grant
This grant is for women who own and run an innovative business and are looking for assistance for their businesses.
The Womenpreneur pitch-a-ton Africa was first launched in 2009 and it was the first women-in-business support initiative of its kind offered by Access bank. The program in its maiden edition provided financial grants worth N9 million to the top 5 applicants with a free mini MBA certification for 50 entrepreneurial women in Nigeria. It did this together with the International Financial Corporation (IFC, a member of the world bank group).
The program is being extended to 9 other African countries this year. These countries are Nigeria, Ghana, Rwanda, Zambia, Sierra Leone, Gambia, Kenya, Mozambique, South Africa, and Congo, hence the name Womenpreneur Pitch-A-Ton Africa.
Click here to visit the official website for more information.
Orange Corner Kingdom of the Netherlands Grant
The ambition of this foundation is to develop and strengthen the entrepreneurship ecosystem in Nigeria. This ecosystem should enable youth to develop their business concept and become successful entrepreneurs, by providing them with the necessary opportunities, skills, and access to markets.
Through Orange Corners, they provide young entrepreneurs with a 6-month incubation program. At the same time, Orange Corners serves as a bridge between these innovative entrepreneurs and the private sector. This offers a great benefit to all partners involved. Orange Corners is an initiative of the Kingdom of the Netherlands in collaboration with a local service provider.
Click here for more information about the foundation and its application details.
LEAP Africa’s Social Innovators Program
This foundation has a platform for equipping, empowering, and showcasing young changemakers with the skills and effective tools for building effective enterprises This platform is known as The Social Innovators Program & Awards (SIPA).
The support of the Union Bank of Nigeria and other corporate sponsors has helped these young changemakers transition their social change ideas into scalable social enterprises.
Their focus is to support social entrepreneurs to adopt the most creative, adaptable, and scalable approaches to solve the most complex social problems.
They also expose the social changemakers to resources and networks that support them to build enterprises that exist in perpetuity and scale their social impact.
The program is also their expression to enable young social change agents to be transformative leaders in their sectors of influence and respective communities.
The deadline for application for this program is November 27, 2022.
Click here to visit their official website for more information.