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Agriculture / Re: Farmcrowdy-small Profits by Xion: 9:29am On May 04, 2018
Willie2015:


And yet they could afford exquisite offices,chairs,beddings,up-end infrastrature, so soon..dressing chic and decorating lavishly in the midst of tight econ situation, with increased risk factors, farm produce insurance etc etc.

Just doesn't add up... My 2cents


Honestly, methinks it's all a means to an end. More like provide an optimal working environment for the people and they'll deliver. Establish the brand to resonate trust and stability (much needed in our environment). Attract the best talents to deliver results.

Trust me, you would be skeptical about putting your money into sponsoring any of the farms if they operate with a lesser standard.

I believe FarmCrowdy attracts the kind of attention it does (investors, sponsors, media and trolls) because of this standard.

Farmcrowdy can design and paint as much as they want, as long as my yield drops in when due, then I ain't concerned. If I am, it will be that I'm proud to be a sponsor of an indigenous startup solving dire problems and doing great at it.
Agriculture / Re: Farmcrowdy-small Profits by Xion: 5:54pm On May 01, 2018
Willie2015:
Farmcrowdy need to keep their farm sponsors happy with decent returns.

They should keep that in mind always, once they continue to breach this simple rule. The end is near !

It used to be much more handsome, maybe due to the economic situation in the country, increased risk factors, farm produce insurance and the need to keep the company running, I'm sure they had to review the rates to make it a win-win-win case for the farmers, sponsors and company respectively.

The impact they make in the lives of these farmers is a motivating factor for me (after the yield, of course).

Enjoying my popcorn while I await my poultry farm cycle to complete.
Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 11:49am On Jan 14, 2018
Greg007:


Bro it's still not working, I don't think that's the link.

Bro click on the group and click on the group name again then click on the plus sign on right top corner, and click on the invite to this group via link and click copy.

Nairaland is using a script to change the URL, I think you should type out the URL ( I posted earlier in an image) in your browser to get access to the group.
Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 10:26pm On Jan 11, 2018
barapistis:
Oga xion

I saw the following during registration...what did you do

In the following areas...

Business account with ubA...I already have a business account though not really in use


..account statement for the last Six months


It also appear to me that this is bent towards p

roduction as can be seen in the category and industries to choose from

It also appear that f funds is basically to business expansion

How do we deal with this

The idea I intend selling to them also have not been fully implemented

As the business is in it early stage...

You don't necessarily need to have a running business to apply, neither do you need a UBA business account (at least not yet). None of the fields of the application form asks for UBA accounts. You can carry on with the registration process.
Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 10:24pm On Jan 11, 2018
Greg007:


What u should have done is to post the link on your profile anyway you are more than a human to us now, thanks so much for the information. Drop the link on your profile. Thanks

Thanks, I'll do this now.
Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 9:09pm On Jan 08, 2018
Finding it hard post links and images

https:///TEF2018whatsapp

1 Share

Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 8:55pm On Jan 08, 2018
Apologies for the late response.
Please follow this link to join the whatsapp group
Bit(dot)ly/TEF2018whatsapp
Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 8:52pm On Jan 08, 2018
Apologies for the late response.
Please follow this link to join the whatsapp group
Bit(dot)ly/TEF2018whatsapp

1 Like

Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 8:45pm On Jan 08, 2018
Bit(dot)ly/TEF2018whatsapp
Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 8:04am On Jan 08, 2018
larry68:
God will reward u for your sown seeds. if we all act selflessly like you are doing now, Nigeria will be a better place for us all. THANKS.

Amen, thanks so much.

To whom much is given, much is expected. I've benefited so much from TEF, it's expected that I give back what I can.

2 Likes

Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 7:38am On Jan 08, 2018
McGg:
I was studying economics before I dropped from the university so please sir @Xion though I selected secondary school as highest level of education can I still select economics as primary area of study?
To be sincere, I really don't know about that. You can put Economics like you stated, there's no harm in trying, there's only harm in not trying.

I really pray and hope it works out for you.
Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 9:17pm On Jan 07, 2018
philipnw:
Bro please send a correct number that is on WhatsApp or create a WhatsApp group for this...thank you

I'll create a whatsapp group and post the link here tomorrow morning.

Wishing you the best.
Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 7:51pm On Jan 07, 2018
Tickles001:

The link is bad
Nairaland won't let me be great. /myTEEPapplication
Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 6:40pm On Jan 07, 2018
barapistis:
Oga ,well done


What is the age requirement


What are the focus businesses for the foundation

I ask the above as most schemes or grants are targeted towards agric

..

Is service based ideas welcome

How do you personally think tech ideas would do with the foundation

Please what industry do you see their ideas mostly welcome as seen from other participants

What's are the other cost associated that are not seen now


Do you need a business plan handy before even putting in for this grants

For the 3 days lecture in Lagos... Was accommodation provided for


Please state other things and issues which I may have missed..
Looking forward to your reply...have good stroll in your business this year

There's no age limit stated (i've not seen). I had a grandpa and another father of four in my room, we were 3 in the room and I was the youngest.

Yes we were lodged and bountifully fed with world class food options all through our stay. We had more than enough to eat. I hate to sound like I'm exaggerating.

Services ideas are welcome, tech ideas too. There's no limit to what idea you can put in with. As long as its legal, morally upstanding, has a social impact, will generate revenue and create employment. My business is tech inclined. I met a lady who sews clothes for babies as her business, I also met 2 people who's ideas had to do with mobile money.

Along the line (after selection), you'll have to deal with registering the business with the necessary government agencies, opening a corporate account, notarize some documents etc. You're not going to pay TEF a dime.

As per business plan, the application questions are answers are close to being called a business plan smiley. Whatever business plan you currently have will change eventually. TEF has a template that you will have to align with.

Did I miss anything?

2 Likes

Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 7:05am On Jan 07, 2018
fayne:
My question is this: what happens if the amount for the business idea one is proposing exceeds the grant allocated. does that mean the application will not scale thru, ? thank you

It does not stop the application and selection from going through.

The foundation does not believe that the seed grant should be your only capital. You can source from multiple sources, as long as you understand business equity and funding. All of these will be taught after selection,which I think should be your priority.

The grant is what it is, a seed grant. Bigger funding awaits a business that uses the seed grant judiciously and scales well. Aside the non-refundable $5000, there's a second tranche of $5000 given on a loan basis, after that, you can apply to the foundation for another round of funding (up to $250000) on an loan or equity share basis.

The foundation tries to focus more on the business lessons and mentorship available than the funding. So much work is put into showing how to grow small businesses to big companies. This will help your kind of business that requires intensive funding.

1 Like

Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 11:45pm On Jan 06, 2018
Here's a link to the first part of the application (my answers and annotations - PDF).

http:///myTEEPapplication

1 Like 1 Share

Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 11:43pm On Jan 06, 2018
Chify07:
Thanks for your quick response. You're a darling. Have a beautiful evening.
Thank you! Wish you the very best.
Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 11:42pm On Jan 06, 2018
KayCee92:




thank u bro for the quick response... pls how can I get in touch with u.will want to talk with u on WhatsApp n call sometime. I really need to be guided.this is my first time writing something like this and the questions are not smiling at all

WhatsApp 0805-One-Six-Triple two-86
Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 11:46am On Jan 06, 2018
Chify07:
My business hasn't kicked off and I haven't registered it. Please, is company registration a perquisite?
Thanks in anticipation.

Company registration is not a prerequisite, I registered mine in August (just 2 months before fund disbursement).

1 Like

Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 9:15am On Jan 06, 2018
Os3e:


How long is d duration of the training?
How long after d training will a business start off?

Each cycle runs for a year, the online training runs for 12 weeks (learning and mentorship), after that comes the forum (3 days, Lagos), then business and financial plan acceptance, then disbursement of funds (if you have dotted all the I"s).

Usually you should once you have gotten all that is required (funds inclusive). Even though some have started running their businesses before applying for the program.

Mine is kicking off this January because that's what I planned for and stated in my business and financial plans. Though I have begun test running the service.

1 Like

Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 1:08am On Jan 06, 2018
KayCee92:
hello bro,thank u for accepting to help.pls how much is the grant worth in naira. I just sent u a message. pls reply so I can share sth with u....I started my application but few hitches on d way.thank u so much

The Foundation will use the CBN rate as at the time of selection. Last year it was calculated as N305, we received N1.525m.

I'm sorry, I don't know how this Nairaland email works, I've tried and failed at it a few times.
Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 8:05pm On Jan 05, 2018
Mrfresh04:
Okay man, I have started the application process.. Any tips

A few tips here.

1. The earlier, the better.

2. Show considerable knowledge about your business idea.

3. Show that you know your addressable market.

4. Prove that your business will generate revenue, create jobs and make social impact.

5. Write fluently when answering questions.

6. The programme goes beyond funding, show that you will harness the learning, mentorship, network opportunities that the programme will offer you to grow your business.

2 Likes 1 Share

Business / Re: Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 7:57pm On Jan 05, 2018
McGg:
thanks bro


I want to apply for this idea that keep tickling in my brain but am worried that its just an idea its not yet a realty.


so my question is,are ideas acceptable?

Yes, ideas are welcome. My business I applied with is set to launch this month.
Business / Helpful Tips For Tony Elumelu Entrepreneurship Program 2018 Application. by Xion: 11:47am On Jan 05, 2018
Great opportunities to help others seldom come, but small ones surround us everyday - Sally Koch

One of my key goals for the year 2017 was to be selected in the annual Tony Elumelu Entrepreneurship Program, a year long of learning about starting, running and growing a business. I had little insight into the registration and selection process but I applied anyway. About 10 weeks later, I was selected among 1000 Entrepreneurs from a pool of 93000 other applicants from across Africa.

I've learned and gained so much and there is still much more gain ahead (this includes a seed fund). As another cycle is getting closer, I'll like to share what I know about the program - registration questions and answers I provided, training, best practices and all. It'll be my joy to help as many people as possible get the support they need to kickstart a business or idea they may have. This is free of charge.

Drop your questions and I'll do my best to answer them here.

Please note that I do not work with the Tony Elumelu Foundation, and I am not charging anyone for this. I just want to share helpful information.

4 Likes 1 Share

Culture / Re: Sweet Fon Names by Xion: 11:23am On Nov 12, 2017
In love with this thread. I'm so passionate about the Egun people and way of life. I'm also blessed to have married an Egun wife (Sewedo - As the Creator says/wills), sadly she doesn't understand much of the language. Please recommend nice Egun names (for a boy or girl child), that begins with letter A.
Literature / Re: Where Can I Download Mastery By Robert Greene by Xion: 8:12am On Oct 25, 2017
for everyone that needs this book, I just uploaded to this link. You can download it from here https://nofile.io/f/rhd5JabEAPO/Mastery_-_Greene_Robert.pdf

2 Likes 1 Share

Religion / Re: As A Christian, Is Court Wedding In Place Of Church Wedding Acceptable By God? by Xion: 11:06am On Sep 10, 2017
zionmde:
As a Christian its not ideal to be joined outside church the pronouncement of the prophet is paramount to joining the husband and wife together
1 corr 6:1-7 gives an explanation about the Bible view on court

There's no such thing as a church wedding in the Bible.

Family elders exchanged sandals at the city gate to formalize the wedding before the celebrations.

Point me to one place in the Bible where they were at a temple, synagogue or church for a wedding. I'm waiting.

5 Likes

Business / How Much Does A Quickteller Paypoint Agent Make Per Transaction? by Xion: 9:38am On Apr 14, 2017
Hello Good people of Nairaland,

I'm thinking and planning on creating my own network of Quickteller Paypoints, but I'll like to know how much revenue can be gotten per transaction and subsequently weekly/monthly, I'll like to know before committing cash into the business.

I'll also like to connect with anyone who owns a Paypoint.

Thanks
Celebrities / Re: Lagbaja: Living Legend And Bonafide Icon Of Music by Xion: 7:39am On Feb 03, 2017
jrusky:
I like this guy called Lagbaja music but his personalty is very questionable I don't get this masquerade style of life if not for Jazz because I don't get it in this century a young man going around in masquerade dress and claim he want to hide his face please hidden his face from who Please who is even looking for his face in the first place or who care about his face for him to be hidden it

Please Mr Lagbaja give your life to God and leave all these strange stuffs the world has moved on from where you are still standing promoting African culture does not mean you should be dressing like masquerade please.

There's something called "brand"... It is the element of your uniqueness and identity. That's what the masquerade look is about. The name Lagbaja (anonymous) also resonates the brand strength.

He values his brand & privacy so much that taking photo shots indiscriminately was prevented at his daughter's wedding, as very few cameras were allowed in.

You don't need to be judgmental about his brand, his style or religious values... Need I mention to you that he is not an animist?

Some people do what they do for special reasons. One of the best selling books you'll find on a bookstand is "The Mafia Manager", a book authored by V, an author who has chosen to remain anonymous.

Last note: you won't "win souls" with this your approach

3 Likes 1 Share

Politics / Re: Photos Of A Shiite Man And A Policeman Fighting by Xion: 8:15am On Jan 26, 2017
All I see is a guy trying to break free from the police. His offence, I don't know.
Business / 5 Innovative And Indigenous Food Ventures You Should Know About by Xion: 9:17am On Nov 14, 2016
We are excited to present the first blog post in a series that will explore some of the innovative businesses springing up in the country.
To kick off the series, we are going to explore the indigenous food and snacks sub-sector to highlight five innovative food companies that are worthy of note. Selecting only five was not an easy task, as the food-related startup world has never been more prolific than today. One thing is for sure: quality is high, inspiration is everywhere, and opportunities are endless.

OmoAlata
OmoAlata (McPeppers) is a Nigerian food service brand focused on the production and sale of hygienically processed and packaged local Nigerian soups, spices and peppers. OmoAlata aspires to use its strong local brand identity to position an international product range that will sit in stores all over the world for Nigerians and other customers present in these markets.
OmoAlata uses only farm fresh peppers in preparation of all its pepper mix. Our pepper mix does not contain any food coloring or artificial preservatives and it is packed under hygienic conditions with a strict quality assurance policy.
OmoAlata is founded by Kasope Ladipo-Ajai, a computer science graduate of Babcock University, Ilisan-Remo.


Golnar Foods
Golnar Foods was established in 2014 to provide healty indeginous food products, prepared to the highest standards to guaranteee consumer satisfaction. Golnar Foods currently produces Premium Kilishi – in Beef and Chicken Variants. Golnar Foods was founded by Uche Ezeozue and has its base in Abuja.


Bubez Foods
Since it was established in August 2012, Bubez Foods has been processing raw pap (Akamu/Ogi) into a wide range of nutritious and hygenically pack range of products. The company currently has twelve varieties of its product in the market. This includes a formula fit for babies.
Bubez foods is equipped with modern, leading-edge machinery for processing pap.
The company is founded by its CEO, Ijeoma Ndukwe-Egwuronu, an alumni of Lagos Business School. Bubez foods seeks to be Nigeria’s leading food processing and packaging company and traditional food brand of choice. In May 2016, the company moved to its permanent site in Lokogoma District of Abuja.


ReelFruit
ReelFruit started in 2012 as a snack and beverage company that focuses on locally made and packaged products. Reelfruit produces a variety of snacks that contain 100% dried fruits with no additives or preservation.
The company was founded by Affiong Williams with a believe that agriculture has huge untapped potential both in wealth and job creation.


Farm Pride
is a Nigerian fresh Fruit and Yoghurt beverage brand owned by Niyya Farm Group Limited (NFGL), a Nigerian Fruit and Yoghurt agro-processor based in Kaduna.
NFGL owns one of the largest fruit farms in Kaduna, occupying approximately 3,000 hectares growing Oranges, Mango, Guava, Passion Fruit and Pineapple, with the capacity to grow Grapes and Avocado


Do you know any other food businesses making strides? Please share with us.

Source: http://brandsunusual.com/5-innovative-indigenous-food-ventures-know/

1 Like

Politics / Re: Ambode Vows To Complete Lagos-badagry Expressway Expansion By 2019 by Xion: 8:36am On Nov 04, 2016
Last year, you said "end of next year", this year, "2019"

1 Like

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