Get funding for your Startup
Everyone is not a job seeker, some create.
Anonymous
One of the thin lines between idea and establishment is funding. Many entrepreneurs have got a good business plan but to execute this idea has been an abstract thing due to the lack of funding.
Good news, FindAjob is designed to help entrepreneurs see how they can access funds needed to bring their innovations into reality.
Below are the lists of funding bodies for entrepreneurs in Nigeria.
- National Youth Entrepreneurship Empowerment Summit
- CBN Creative Industry Financing Initiative
- Bank of Industry Youth Entrepreneurship Support Program
- I-Startup SouthWest Programme
- Tony Elumelu Entrepreneurship Programme (TEEP)
- YouWIN
- BOI
- GroFin Fund
- Diamond Bank BET Programme
- AYEEN Financial Grants
- Lagos State Entrepreneurs Trust Fund (LSETF).
- Shell LiveWire Funding
- African Women Development Fund
National Youth Entrepreneurship Empowerment Summit
The National Youth Entrepreneurship Empowerment Summit (NYEES) is a Federal government-led initiative zeroed in on training innovative young people with the fundamental know-how and mentorships they need to add to national developments.
Eligibility
- - Must be a Nigerian Youth aged 18-35
- - Must reside in Nigeria and your business operational in the country
- - Your business must be in one of the following: Art, Dance, Theater, New Media, ICT, Hands and Craft, Culture, Fashion and Design, Film and Entertainment, and Architecture.
- - Your business idea must contribute to any of the 9 FG’s top priority areas.
To apply
- - Make a 1-minute video showcasing your innovative idea
- - Upload video on social media
- - Use relevant hashtags: #NYEES2 #NYEES #NYEESCREATIVES
- - Follow and tag @NYEESummit
CBN Creative Industry Financing Initiative
The Central Bank of Nigeria in partnership with the Banker’s committee recently launched the Creative Industry Financing Initiative (CIFI) pointed toward further developing admittance to minimal expense manageable subsidizing for business people in the inventive/IT area.
Eligibility
- - Must be a Nigerian with business resident in the country.
- - Must have an existing business in the creative industry.
- - Or a tech company engaged in the creative industry
- - Or a student of higher learning engaged in Software development.
- - The business must be in any of the verticals: Fashion, IT, Movie production and distribution and Music.
To apply
Visit the CBN website here to learn about the application process.
Bank of Industry Youth Entrepreneurship Support Program
The Youth Entrepreneurship Support Program of the Bank of Industry was designed to assist with tending to the disturbing pace of joblessness among the Nigerian youth.
Eligibility
- - Applicant must be a Nigerian aged 18-35
- - A viable business idea which will be located in Nigeria.
- - Minimum education qualification of OND
To apply
Visit the registration portal to apply.
I-Startup SouthWest Programme
i-Startup Southwest program is a Federal government social investment initiative under the office of Vice President with the order to track the industrialization of the nation by giving training, mentorship and non-refundable seed assets to business entrepreneurs.
Eligibility
- - Must have a viable business idea, solution or product in Agriculture, Manufacturing, ICT, Digital Oil field, Governance or Health.
- - Business must be for-profit
- - Your state of residence or startup must be located in any of these states within the Southwest region: Ogun, Ondo, Oyo, Osun, Lagos and Ekiti
To apply
Visit Premiumhub.com.ng to apply
Tony Elumelu Entrepreneurship Programme (TEEP)
The Tony Elumelu Entrepreneurship Programme (TEEP) is a yearly program launched by one of Nigeria’s business tycoon Mr. Tony Elumelu via the Tony Elumelu Foundation (TEF).
To be eligible
- - Business must be based in Africa
- - Business must be for-profit
- - Also, Business must be 0-3 years old
- - Applicants must be at least 18 and a legal resident or citizen of an African country.
Apply Here
YouWIN Connect Nigeria
YouWiN! Connect is a multimedia program of the Federal Ministry of Finance. The program expects to advance business, job creation, and wealth by means of big business training for youthful Nigerians.
To be eligible:
- - Applicants must be a graduate from a higher institution.
- - Applicants must be between the ages of 18 and 40.
- - Also, Applicants must be Nigerians and residents in Nigeria.
- - Applicants’ businesses must be resident in Nigeria.
- - Applicants must be able to communicate effectively – speaking and writing – in English.
- - Also, Applicants must be willing to attend all training and mentoring exercises organized by the program.
- - Applicants must not be an employee of the Nigerian Civil Service.
- - Previous YouWiN awardees are not eligible to apply.
Apply Here
GroFin Fund
Top Grants in Nigeria: GroFin is a pioneering development financier specializing in financing and supporting small and growing businesses (SGBs) across Africa and the Middle East.
To be eligible:
- - Your business operates in one of the following countries: Nigeria, Ghana, Zambia, Egypt, South Africa, Kenya, Tanzania, Rwanda, Uganda.
- - Your business is for profit.
- - Also, your business has a turnover of less than US$ 15 million and assets less than US$ 6 million.
- - You require financing between US$ 100,000 and US$ 1.5 million.
- - The business is owner-operated and/or the owner is substantially involved in running the business.
Apply Here
Diamond Bank BET Programme
The Building Entrepreneurs Today (BET) is a program designed to support budding entrepreneurs. Every year, 50 entrepreneurs are selected from the pool of the numerous applications received and these entrepreneurs undergo six (6) months of intensive entrepreneurial/business training.
AYEEN Financial Grants
Africa’s Young Entrepreneurs (A.Y.E) is committed to empowering young entrepreneurs across Africa by creating platforms that facilitate intra-trade on the continent.
Lagos State Entrepreneurs Trust Fund (LSETF).
Shell LiveWire Funding
Shell Petroleum Development Company offers this Grant for young entrepreneurs. This funding is meant to empower, train, and give subsidizing aids to youths so they can begin a business.