Home Call for Applications Orange Corners Nigeria Incubation Programme 2024 for young Entrepreneurs (40,000 Euros in Funding)

Orange Corners Nigeria Incubation Programme 2024 for young Entrepreneurs (40,000 Euros in Funding)

by OFA

Application Deadline: February 18, 2024

Applications are now open for the 10th cohort of the Orange Corners Nigeria Incubation Programme. The Orange Corners Nigeria Incubation Programme, an initiative of the Kingdom of Netherlands and implemented by FATE Foundation, empowers aspiring entrepreneurs to transform their dreams into thriving realities. Over the past five years, we’ve proudly nurtured 180 businesses through nine (9) cohorts, each a testament to the transformative power of our dynamic ecosystem.

The programme ensures capacity building in the form of trainings, master classes, events, coaching & mentoring, and access to potential customers, markets and financing. Orange Corners Lagos is developed and funded by the Embassy of the Kingdom of Netherlands in Lagos and implemented by FATE Foundation. The Embassy of the Kingdom of the Netherlands in Lagos and FATE Foundation aim to contribute to a thriving entrepreneurial ecosystem in Nigeria, which provides economic opportunities, skills and economic empowerment for the youth.

To qualify, participants must be between the ages of 18 – 35 years of age with a business concept. Key benefits include:

Benefits:

  • Enterprise Management Training
  • Business Incubation & Advisory Services
  • Funding for prototype development & testing
  • Mentorship & Coaching

Structure and Curriculum

The Incubation programme combines a mix of interactive enterprise training, mentoring, advisory and business support services to enable each participant fully develop their idea from a concept to a viable product/service.

Enterprise Training & Master Classes

  • Concept Development
  • Design Thinking
  • Market Strategy
  • Product/Service Development
  • Operations Management
  • Business Model Canvas
  • Business Plan Development
  • Budgeting, Financial Management and Financial Reporting
  • People Management
  • Raising Financing
  • Digital Marketing
  • Business Pitching

Business Support

  • Business Growth Advisory (accounting, legal, tax, HR, marketing, digital)
  • Business Registration with the CAC
  • Funding Linkages
  • Market Linkages

Mentoring

  • Matching with a Business Mentor

Application Process:

Application

Stage I:

Interested applicants must complete the online form here. Applicants will be required to complete all the required fields and upload the following:

  • Passport Photograph
  • School Certificate or Statement of Result
  • Birth Certificate
  • CAC Registration (Optional)

 Stage II:

Following a review of all received applications, 30 candidates will be shortlisted for a 2-day Bootcamp which will culminate in a Pitch Competition to shortlist the top 20 participants per stream to go through the Incubation programme.

 Through the support of the Kingdom of Netherlands  Orange Corners, and other Partners, the programme is FREE to entrepreneurs who are shortlisted to the Bootcamp and incubation stage. This scholarship support from Orange Corners Nigeria covers all direct course fees.

The 6-month Incubation programmme comprises of in-person capacity building sessions, business advisory and mentoring, industry visits and networking events. However, due to the development of the COVID-19 Pandemic, the programme will be delivered in-person and virtually.

For More Information:

Visit the Official Webpage of the Orange Corners Nigeria Incubation Programme

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