11 Business Grants in Nigeria You May Want to look through to Expand your Business

 

10 Business Grants in Nigeria You May Want to look through to Expand your Business

 

such a large number of us are truly worn out on working for individuals and this is the way that we lack the capacity to deal with ourselves while working for managers in this manner giving us less time for self-advancement over the long haul, only that? no! shouldn’t something be said about employer stability, that is still No. Consider all these such huge numbers of our young people have brought about enterprise since they feel it gives them employer stability, time, and the chance to create themselves… Oh no, a couple of months into the excursion of being a CEO they find is never a walk in the park being your very own boss and the significant requirement of firing up and pushing through a business or a thought in finance.  we at Recruitments Notice has dim it fit to make  known 11  business grants that can support your startup and scale up your business thought.

We believe while you are home due to coronaVirus (COVID-19) lockdown  you can set aside out effort to look for opportunities , see prospects and follow up on them.

 

  1. Tony Elumelu Foundation Entrepreneurship Programme

Propelled in 2015 by Billionaire Entrepreneur and CEO Heirs Holdings, Tony Elumelu, the award is a 10 years $100 million US dollar responsibility towards enabling African business visionaries.

Since its dispatch, the establishment has dispensed $25 million worth of awards to 7520 business visionaries from Africa making it the biggest generous foundation on the Nation.

Once, you’re acknowledged as a TEF business Entrepreneurs you can exploit the top-notch system of tutors, assets, and bolster you have to take your business from a plan to the real world; to scale up and develop rapidly.

Thus, it’s not simply winning the award; you likewise get significant experts and specialists you can go to for help when required.

 

Price Money

Non-refundable seed funding of $5000

Eligibility

  1. You should have the lawful rights to work in the African nation you’re applying from.
  2. The Business must dwell in African and you should be a legitimate occupant of any of 54 African nations.
  3. Your business must be a beginning period of 0 – 3 years or a business thought.
  4. Your business thought must be for benefit, centered around one business line, and be the first work of those applying.
  5. You should make a record on tefconnect, complete an online section structure to apply for the program.

How To Apply

Click on the apply button below

 

 

 

2. Africa’s Young Entrepreneur Empowerment Nigeria (AYEEN)

One of the preeminent pioneering strengthening and subsidizing stages propelled to coach, control, give financing to brilliant business thoughts in Nigeria.

The AYEEN program pulls in more than 25,000 applications from youthful Nigerian business visionaries cut over the 36 states yearly.

In any case, its novel model methods you can get subsidizing for your business thought or acknowledged into the mentorship program where you organize, learn, and ace key business abilities fundamental to beginning, running and extending your business.

Price Amount

It Varies, Depending on business idea and panelists

 

Eligibility

  1. Must be maintaining a business or has a practical business thought
  2. Open to every Nigerian business person matured 18 or more.
  3. Must live in Nigeria

How to apply 

Application Closed, you can click on the apply button to vist official website

 

3. GroFin Grants for Small and Medium Business

A private advancement fund organization concentrated on giving medium-term account advances and business support for little and medium-sized organizations in the assembling, agribusiness, instruction, human services, and key help parts (vitality, water, sanitation)

Since its dispatch in 2004, GroFin has bolstered more than 700 SMEs, continuing 89, 740 occupations, and is available in 14 nations in the sub-Saharan and MENA locales.

 

Price Amount

 Up to $1.5 million US dollar. A minimum of $100k

 

Eligibility

 

  1. Your business must be in any of the accompanying divisions: social insurance, fabricating, agric business, training, or in these key help segments – vitality, water, squander, reusing, sanitation.
  2. Your business must be in any of the nations where their workplaces are found – Nigeria, Kenya, South Africa, Zambia, Ghana, Ivory Coast, Senegal, Uganda, Tanzania, Rwanda, Egypt, Iraq, Jordan or Oman.

  3. You need a medium-term advance of 100k to 1.5M US dollars.

  4. Your business is having a social effect – making employments, profiting the earth, enabling ladies.

 

How to Apply

 

 

4. Shell LiveWire Funding

 

Shell LiveWire is a young social advancement venture program concentrated on empowering, preparing, and giving subsidizing to adolescents to begin a business.

The program is available to young people matured 18-30 from the Niger Delta district of Nigeria who wanted to possess a business.

Since its dispatch in March 27, 2003 the activity has prepared 6580 young people while 3373 members were grant awards to dispatch a business.

Price Money

Not Specified

 

Eligibility

 

  1. Must be aged 18-30.
  2. Has a feasible business idea.

  3. Experienced and moved on from their serious enterprise course.

  4. Must be from Niger-Delta – Abia, Imo, Edo, Rivers, Bayelsa, Delta, and Akwa-Ibom.

 

How To Apply

Announcements and Declarations would be made on national papers when open.

https://www.shell.com.ng/sustainability/communities/livewire-nigeria.html.

 

 

 

5. IB Plc Hero’s Foundation KickStart Program

IB Plc Hero’s Foundation KickStart program is a social venture activity of International Breweries concentrated on imparting and urging innovative young people to seek after their fantasies about propelling a business.

The program has a three-path approach of preparing and boosting youth business limit. Tutoring and direction to use ability of experienced experts and arrangement of awards.

 

Price Amount

Not Specified

 

Eligibility

  1. You should be aged18 – 35 years of age.
  2. Must be a Nigerian living in the accompanying states: Abia, Enugu, Imo, Anambra, Ebonyi, Edo, Delta, Rivers, Bayelsa, and Benue.

How to Apply

Download PDF application form from the official website

 

 

 

6. GEM Grant

 

GEM award is a financing association between the Federal service of Industry, Trade, and Investment and the World Bank with a concentration to help organizations in the assembling, diversion, data and innovation, the travel industry and accommodation, and agro-unified organizations.

Price

Minimum of $50,000 – $250, 000

Eligibility

 

  1. The lead institution is an academic institution, research institution, industrial center, business membership organization or non-governmental organization, in partnership with at least 3 of any of the following: a for-profit private sector company(s), partnership(s) or sole trader(s).
  2. The lead institution must be operating in Nigeria;

  3. The total GEM funding requested must be at least $50,000 and no more than $250,000;

  4. The lead institution and its partners must together provide matching cash or cash equivalent funds of at least 50 percent of the total project budget;

  5. GEM funding must be requested for utilization on eligible costs or activities,

  6. The institution must satisfy the requirements on Environmental and Social compliance.

  7. Other eligibility criteria will be added depending on the call for proposals.

  8. The GEM funding requested must be utilized within 15 months;

  9. The proposed idea must result in increased sales for the business, increased value.

  10. added per worker and creation of new jobs.

How to Apply

Currently not accepting applications

 

 

 

7. African Entrepreneurship Award

African Entrepreneurship Award is fueled by BMCE bank of African with a concentration to give a stage to mentorship, system of prepared to-financial specialist Angel speculators, and awards to keen business thoughts.

You can send in your application for one of the two classes – Innovation and Sports Entrepreneurship and Sports.

 

Price

A cash prize of $1million to be shared among finalists.

 

Eligibility

 

  1. You should be a resident of an African nation atleast 18 years.
  2. Your business thought must be relevant to the African setting and should incorporate an innovative segment.
  3. Your business thought must be for a benefit with a social effect.

How to Apply

Currently not accepting applications yet.

 

 

 

8. Innovation Prize for Africa

Innovation Prize for Africa is a stage with a strategic stir the imaginative soul of the African individuals to proffer answers for their regular difficulties.

The Award is planned for empowering an advancement driven answers for the bunch of difficulties in African by Africans.

Along these lines, on the off chance that you have a thought or arrangement you think can take care of Africa’s issues – give this prize a shot.

Price Amount Involve

First prize – $1000,000

Second prize – $25,000

Third prize – $25,000

Recognition prize – $5000

 

Eligibilty

  1. You’re a resident of one of Africa’s 54 nations.
  2. African diasporans are likewise qualified as long as they show they hold of the African nation’s identification.

  3. The advancement is completely evolved and not only a thought.

  4. Every obligatory field are finished.

 

How to Apply

 

 

 

9. African Women Development Fund

A pan-African female-just award making association that endeavors to help ladies rights and ladies drove associations on the landmass.

The reserve gives awards to associations handling the issues of body and wellbeing rights, ladies’ financial security and equity, and Leadership, support, and harmony.

Value cash

Vague. in any case, since beginning the reserve has given out $41.8 million US dollars.

Price

Undefined. be that as it may, since commencement the they have given out $41.8 million US dollars.

 

Eligibilty

 

  1. Must be driven by a lady and have larger part of its staff and board being ladies.
  2. Must be properly enrolled in an African nation.

  3. More likely than not been in presence for at any rate 3 years.

  4. Must have the required authoritative structures for viable execution of the venture.

  5. Must have an obvious monetary administration framework to appropriately represent supports got.

  6. Must be fit for revealing back on the results of the task.

  7. Must finish the fundamental application structures

 

How to Apply

click apply button for application guideline

 

 

10. Unilever Young Entrepreneurs Award

 

Are you are a social effect business visionary handling one of the planet’s supportability challenges?

Do you need bolster a financing to scale? Unilever Young Entrepreneurs Award may be the perfect open door you have to take your business to the following level.

The program tries to perceive and bolster youthful trend-setters giving answers for a portion of the world’s difficulties. Since it’s origin, the activity has reached more than 3700 youthful business people with 37 victors getting financing and backing.

 

Price

Winner – 50,000 Euros

 

Eligibility

We’re searching for initiatives identifying with at least one of the three classes we’re concentrating on:

 

  1. Undefined. be that as it may, since commencement the they have given out $41.8 million US dollars.
  2. Improve the health of the planet.

  3. Add to a more pleasant and all the more socially comprehensive world

 

How to Apply

To present your application, you’ll have to finish your profile and Describe your project.

 

11. African Women Innovation and Entrepreneurship (AWIE)

AWIE is the main female business enterprise stage that advances, underpins and gives awards to overcome, develop female business people over the African landmass. The program tries to quicken the development of female-drove associations for an African comprehensive financial development.

Consistently the program perceives ladies in private and non-benefit associations doing abuses across ventures, for their monetary commitment to the African development, and social effect.

 

Price Amount Involve

Not specified.

 

Eligibility

  1. Selections should just be made identifying with accomplishments made by a female business person and national (or changeless occupant) of an African nation, with an enrolled business and activity in at least one African nations.
  2. Candidates can be selected or self-assigned.

  3. A lady business person can be selected for more than one class however unique assignment structures must be finished.

  4. You might be approached to help or confirm the proof you supply as a major aspect of the assignments you make.

  5. Five chosen people will be shortlisted for every class and welcome to the AWIEF Awards function in October of that year.

 

How to Apply

 

 

 

About the Author

Brooks Miller Onokpuvie

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