₦airaland Forum

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Pls, that email no longer works, u can re-mail with Ufombaprince@gmail.com.

awesomebabe01:
I have a business plan to submit but needs help to avoid not being selected again. Any help?

Firstly, it's obvious that the questions are highly technical and do not give you a chance to write elaborately, so u have to approach each question with a precise and pointfull answers. Seconldy, those questions that require figures, u have to do the math correctly, u dnt just have to guess and fill cos there is a cashflow sheet that you will be required to fill in the second stage with those figures. For example how many full time or equivalent staff will your business employ within the next 12months of receiving the grant? In answering, if you are applying as existing business, you have to consider the number of staff you have already, and also know how many more you will be needing by knowing how much expansion the money you are applying for can fetch u and how much positions will be created by the expansion knowing them individually, if applying as new business, you will have to consider the scale in which the money u are applying for can start you, and the positions that will be available in turn before filling in that, because u'll be required to name those positions individually in d second stage. Note : your business should employ a good number Nigerians and also remain sustainable if you have to win, doesnt mean that you will create above your capacity, 5 and above is ok provided it's sustainable. I hope this helps, pls don't hesitate to turn to the forum if you have a problem with a particular section. I wish u goodluck!

awesomebabe01:
A guide to strategically answer all those questions without derailing.

What kind of Hlp do you need?

awesomebabe01:
I have a business plan to submit but needs help to avoid not being selected again. Any help?

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Giants are not smiling

Too bad

CAP fund was launched by BOI on 18th of September 2014 and it is dedicated to agro processing businesses alone. You can Google it to get more info.

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jeffmyson:
@denn, I agree with your point on how depreciation has affected your personal economy but that's because you choose to import! Depreciation is supposed to discourage imports and curb luxury lifestyle as price of imported commodities will rise beyond the reach of some people.

This will encourage people to buy local and engage in production locally and it will also spur exports as most commodity made locally will become competitive abroad.

My personal take as ever is that the CBN should allow the currency to depreciate further to 200- 220 naira/ dollars. Then people will start making mopping sticks in Nigeria rather than import them! The clothes made in Aba will become competitive and can even be exported for foreign currency. People will prefer to wear ankara made in Ibadan and keep lots of folks employed rather than suits made in Turkey!.

If you @ denn, you can choose to get a local subsidize for the equipments you wants to imports, Go to FIIRO, oshodi with a prototype design of what you want to import and believe they will make it at half the price. To grow at home we must think local and export abroad!. My take sha.

u forgot that the clothes made in Aba, the cotton used in making the ankara and the steel used in fabricating at FIIRO oshodi are all a function of the dollar cos the materials used in making them are all imported. Until we fix our house to have majority of what we use manufacturered here, our economy will constantly be affected by the dollar.

No closing date yet, will be officially launched today by Mr president, u can get updated through the site or this page as time goes on.

40dogzz:
Pls when is the closing date?

Submission of youwin 4 business plan competition commences Monday 17th November 2014. Interested persons should log on to www.youwin.org.ng for more info.

Reduce the scale at which u proposed, possibly work out a new cashflow analysis to match your approved grant and you are gud again.

bizhub:
What of those that were given amount less than what the applied how do they go about the buisness to avoid being choked in the businessthanks

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The letter E

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Samklef noni,.....I love d way u wine it......

Join revolution for a better Nigeria on Facebook so that together we shall achieve the feat of building that Nigeria of our dream.

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@denn, on agriculture, hw long existence counts?(time duration, like how many years of existence)?

I'm just too sad, but to God be the glory!!! congrats to the eventual winners!!

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I'm optimistic that this 47th page will flood in the much awaited excitement, that is the news of congratulatory messages. I wish us all success.

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