ORANGE CORNERS NIGERIA INCUBATION PROGRAMME 2024 FOR YOUNG ENTREPRENEURS (40,000 EUROS IN FUNDING)
Deadline: 18th of February, 2024
The 10th cohort of the Orange Corners Nigeria Incubation Program is now accepting applications.With the help of the FATE Foundation and the Kingdom of the Netherlands, the Orange Corners Nigeria Incubation Programme helps budding entrepreneurs turn their ideas into profitable ventures. We have happily supported 180 enterprises over the last five years via nine (9) cohorts, each of which is evidence of the transformational potential of our vibrant ecosystem.
Through trainings, master classes, events, coaching and mentorship, and access to new clients, markets, and funding, the program guarantees capacity growth. Orange Corners Lagos is designed and financed by the Netherlands Embassy in Lagos, and it is carried out by the FATE Foundation. The Embassy of the Kingdom of the Netherlands in Lagos and FATE Foundation aim to contribute to a thriving entrepreneurial ecosystem in Nigeria, which provides economic opportunities, skills and economic empowerment for the youth.
To qualify, participants must be between the ages of 18 – 35 years of age with a business concept. Key benefits include:
Benefits:
- Enterprise Management Training
- Business Incubation & Advisory Services
- Funding for prototype development & testing
- Mentorship & Coaching
Structure and Curriculum
The Incubation programme combines a mix of interactive enterprise training, mentoring, advisory and business support services to enable each participant fully develop their idea from a concept to a viable product/service.
Enterprise Training & Master Classes
- Concept Development
- Design Thinking
- Market Strategy
- Product/Service Development
- Operations Management
- Business Model Canvas
- Business Plan Development
- Budgeting, Financial Management and Financial Reporting
- People Management
- Raising Financing
- Digital Marketing
- Business Pitching
Business Support
- Business Growth Advisory (accounting, legal, tax, HR, marketing, digital)
- Business Registration with the CAC
- Funding Linkages
- Market Linkages
Mentoring
- Matching with a Business Mentor
Application Process:
Application:
Stage I:
Interested applicants must complete the online form here. Applicants will be required to complete all the required fields and upload the following:
- Passport Photograph
- School Certificate or Statement of Result
- Birth Certificate
- CAC Registration (Optional)
Stage II:
Following a review of all received applications, 30 candidates will be shortlisted for a 2-day Bootcamp which will culminate in a Pitch Competition to shortlist the top 20 participants per stream to go through the Incubation programme.
Through the support of the Kingdom of Netherlands Orange Corners, and other Partners, the programme is FREE to entrepreneurs who are shortlisted to the Bootcamp and incubation stage. This scholarship support from Orange Corners Nigeria covers all direct course fees.
The 6-month Incubation programmme comprises of in-person capacity building sessions, business advisory and mentoring, industry visits and networking events. However, due to the development of the COVID-19 Pandemic, the programme will be delivered in-person and virtually.
