FCMB is offering zero percentage interest loan for women in business. The loan provides easy access to capital to grow an existing business. If you are female and run a business in Nigeria, you may be able to access a loan of up to ₦5million for a maximum tenor of 3 months or be one of the selected females to
- Attend our free business trainings.
- Be assigned a mentor to support your business growth.
Benefits of the Offer
- Zero interest on loan
- Capacity building
You could be one of the 40 women who will qualify to get access of up to ₦5million at 0% interest rate and get training/mentorship for a quarter. Applications close on 11th of October 2019.
Please note that applications after that will not be considered.
Click here to apply.
Terms & Conditions
- Successful applicants must be willing to undergo a 3 days training and take part in the mentorship program in which mentors are assigned to the mentees based on type and age of business. This mentorship program runs for 3 months and the mentor is expected to work with the mentee on their plans for their business and help that mentee achieve a certain level of growth by the end of the program.
- Successful participants who are not willing or available to undergo the training or take part in the mentorship program will not be able to proceed and will be substituted
- Customers who undergo training and mentorship but are not part of the loan beneficiaries will be assisted to see if they can be availed any other loan facility that will be suitable for them, provided they meet all necessary terms and conditions.
- Applications which come in after the deadlines will be not considered
- If you are a limited liability company, you must be able to provide evidence of filing of annual returns and tax payment for the current year.
- You must have a clean credit check.
Carbon $100,000 Pan-African Fund for African Innovators
Carbon, a Nigerian fintech company has launched a new $100,000 Pan-African fund targeted at insurance, health and education tech startups on the continent.
The Carbon Disrupt fund aims to address funding and support inadequacies affecting tech entrepreneurs on the continent. The fund will be investing up to $10,000 in each of the selected startups in return for 5% equity.
Carbon, through the Disrupt Fund, hopes to make it easier for entrepreneurs across in other sectors to access the funds and support they need to establish their solutions and achieve their business objectives.
For this reason the fund will be focused on health technology, education technology and insurance technology startups.
For further information, visit Carbon Disrupt Fund website
2020 Anzisha Prize Applications
If you are a young African Entrepreneur trying to grow a small business or you’ve created something that makes your community better and provides you and your friends an income, then we want your application.
Your venture could be anything. Become a role model and inspire other young entrepreneurs to believe in the difference you can make in Africa, with the right support.
Africa’s future lies in your hands and we want to celebrate your potential to grow your country’s economy and create jobs. Each year, we select 20 leading youth entrepreneurs like you to become Anzisha Prize Fellows.
- You must be between 15 and 22 years old with an ID document or Passport to present as evidence. Anyone born before November 1, 1997 or after October 31, 2005, will not be considered.
- You must be a national of an African country with a business based in Africa for African customers/beneficiaries.
- The Anzisha Prize isn’t awarded for great ideas or business plans – you must have already started, and be able to prove it! Get started now and ensure you have tangible results to share before applications open.
- Your business, invention or social project can be in any field or industry (science and technology, civil society, arts and culture, sports, etc.). Any kind of venture is welcome to apply.
- Individuals who apply must be one of the founding members of a business (for example, 2 or 3 co-founders who started up the project together).
To be selected as one of our Anzisha ventures, your business or project will be judged on the following 5 criteria:
- Is your venture established with customers and beneficiaries and are you offering value to them?
- Are you, the founder, leading and managing your venture?
- Is your venture demonstrating some impact already?
- Whether your venture is a for-profit business or cause-based, does it already earn revenues or already reach beneficiaries? Is there potential to increase revenues or beneficiary reach with support from Anzisha?
- Has your venture created some jobs and is there potential to create more high quality jobs?
To be selected as one of our Anzisha Fellows, you must demonstrate two important qualities:
- You are the leader of your venture and you drive both venture strategy and operations.
- You spend at least 20 hours a week (or more) on your business and plan to continue to do so after selection.
- Monetary Reward of a shared amount of $100,000
- $2,000 access to a world- renowned Entrepreneurial Leadership curriculum and training with the potential for further investment based on engagement and performance
- $2,500 worth of rewards from consulting and mentorship services
- $2,000 worth of rewards from Global speaking events or Experts in Residence support
- $1,000 worth of rewards from Regional Indabas across the continent
Application Deadline: April 1, 2020
For further information, visit the Anzisha Prize website
Internships2 weeks ago
UN Secretary General’s Envoy on Youth
Internships2 weeks ago
Rotary Peace Fellowship Program 2020
Funding2 weeks ago
Skills Challenge Innovation Call: Finding solutions to skills mismatch
Money Motivation2 weeks ago
Meet 9 Years Old Kid Dancing To Support His Family
Featured2 weeks ago
Africa Food Prize 2020