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11 Grants For Startups - Requirements And How To Apply - Business - Nairaland

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11 Grants For Startups - Requirements And How To Apply by startupspot: 9:28am On Nov 23, 2022
https://startupspot.com.ng/grants-for-startups/
Despite lacking the necessary funding to get started, do you believe your business concept can help the Nigerian economy grow? If “yes,” then this post has been put together for you as we walk you through several public and commercial initiatives that can provide 11 grants for startups and businesses in Nigeria for those with an interest in business. Check out also the 9 legit small business loans in Nigeria.

What is a Startup Grant?
The term “grant” simply refers to a sum of money that is not refundable and is granted by a government or institution to a company/individual as support (help) for a programme or project that may be for business, education, home upgrades, health purposes, etc. To put it another way, it could be called a donation, an allowance, or an award.

Moreso, startup grants are a sum of money given to Startups or small business beginners with potential to grow in future but lack the funding or have insufficient funds to realize their main concept.

The list of readily available and reliable business grants in Nigeria is provided below;

1. SMEDAN Grant For Entrepreneurs
2. Africa’s Young Entrepreneur Empowerment Nigeria(AYEEN)
3. Shell LiveWire
4. Tony Elumelu Foundation Entrepreneurship Programme
5. GroFin Fund
6. YouWin Connect Nigeria
7. Lagos State Entrepreneurs Trust Fund
8. Innovation Prize for Africa
9. African Women Innovation & Entrepreneurship
10. National Youth Entrepreneurship Empowerment Summit
11. Bank of Industry (BOI)
Read more ...https://startupspot.com.ng/grants-for-startups/

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