Tag Archives: Africa

SARA BY WEMATRANSFORMING NIGERIAN YOUTHS PROGRAMME.

LOCATION: Nigeria

SARA BY WEMA, in collaboration with Enterprise Development Centre (EDC), and MasterCard Foundation proudly presents a transformative initiative aimed at equipping Nigerian youths, especially female entrepreneurs, with essential entrepreneurial and managerial skills. The Transforming Nigerian Youth Program is a comprehensive training and support initiative aimed at empowering young Nigerian entrepreneurs, particularly women, with essential business skills and knowledge.

ELIGIBILITY:

The program targets young Nigerians aged 18 to 35, with a specific focus on women entrepreneurs, across various sectors of the Micro, Small, and Medium Enterprises (MSMEs).

Applications are typically announced via the bank’s social media platforms, external emails, and third-party media platforms. Interested individuals can apply by following the application guidelines provided during the application period.

The program is free of charge for eligible participants. There are no application fees or training costs involved.

Beneficiaries are selected based on predefined criteria, including their active participation in the training program and the quality of their business plans. Seed grants and support services are awarded to eligible participants through a transparent selection process and having a WEMA Bank account is a major eligibility criterion to win the grant award.

The training is self-paced and lasts 15 working days. Participants can start at any time within a 3-month period. Support and additional sessions will be available beyond the initial training to ensure lasting impact.

BENEFIT:

Free Enterprise Training: Free enterprise training for 50,000 young women business

Access to Market: Gain access to free and discounted slots in trade fairs and exhibitions to showcase your products and services.

Personalized Support Services: Receive personalized support from SMEDAN-certified Business Development Support Providers (BDSPs) to help you navigate challenges and capitalize on opportunities.

Seed Grants: Stand a chance to receive grant award of up to N5,000,000 to kickstart or scale your business ventures.

APPLY

DEJI ALLI YOUNG TALENT AWARD (DAAYTA) 2025

Application Deadline: Tuesday, 14 January, 2025

LOCATION: Nigeria

The Deji Alli ARM Young Talent Award is an ARM initiative in partnership with TechnoVision’s TVC Labs that aims at providing young Nigerians with an opportunity to develop innovative start-up ventures that add sustainable economic value to Nigeria.

ELIGIBILITY:

To be eligible for the award, the applicant must:

be a citizen of Nigeria

be between 18 and 35 years of age

submit their application which must be their original work

have an MVP (minimum viable product) i.e. you have customers

must be a limited liability company duly incorporated in Nigeria

must be operating the company on a full-time basis

must commit to be physically available to fully participate in the DAAYTA programs and activities – Entrepreneurial education programme at the Pan Atlantic University’s Enterprise Development Centre in Lagos, Nigeria

must commit to be available (physically or virtually) to participate in the 5-month acceleration support for the development of their venture

be able to fund his/her/team’s travel expenses and other associated costs if required

be physically available (with co-founders/team where they exist) for the 2-day Pitch Workshop and Final Pitch Event scheduled for April 9 – 10, 2025

understand the business of ARM, what we stand for, and

be ready to represent ARM as an Ambassador

BENEFIT:

The winner of DAAYTA 2025 shall, subject to the Terms & Conditions, receive funding of ₦12,000,000 (twelve million naira) over one (1) year for the following purposes:

Contribution to working capital.

Participation in an entrepreneurial education program at the Pan Atlantic University’s Enterprise Development Centre in Lagos, Nigeria. (duration is 4 – 5 months)

5-month acceleration support services for the development of their venture by TVC Labs.

APPLY