For young entrepreneurs, Orange Corners Nigeria Incubation Programme 2022 is available (40,000 Euros in Business Funding)
Young entrepreneurs can apply for a 6-month position at Orange Corner. Orange Corner also serves as a link between these new business owners and the private sector. This has a lot of advantages for everyone involved. The beginning of the Kingdom of the Netherlands’ collaboration with urban service providers is Orange Ten.
By giving young people with the essential skills, information, and access to industry, these systems should assist them in developing their company strategy and becoming viable entrepreneurs.
Orange Corners Nigeria Incubation Programme 2022 for young Entrepreneurs Requirements
In order to meet the selection criteria you must be:
- Be an aspiring entrepreneurs from Lagos, Nigeria
- Be between 18-35 years old
- Have a validated innovative business concept, not more than <2 years old
- The product or service responds to a local challenge in Nigeria
- The product or service relates to the Sustainable Development Goals
Budding entrepreneurs will be selected based on the:
- Social Impact
- Clarity of Market
- Sustainability & Scalability of the business idea
- Competence of the entrepreneur/team
The programme will be delivered in-person and virtually due to the development of the pandemic.
This program will not only provide the foundational entrepreneurial knowledge, tools and resources needed to transform an idea into a business but will also make available the networks and support needed for sustainable growth of the business.
There is a variety of benefits the program will offer you of which the most important ones are:
- Enterprise Management Training
- Business Incubation & Advisory Services
Funding for prototype development & testing
The cost to participate in the work is free. This project is funded by the Government of the Kingdom of the Netherlands and our private partners.
Online application: The application can be found on our website at the beginning of each six-month period. Complete all required tasks and submit your application online by submitting a button. Be sure to check your inbox regularly to see if you are one of the 50 voters.
Bootcamp: The final 50 candidates will be invited to participate in the required two-day bootcamp program, in which the jury decides who is best involved in the development work
Selection: Selection will be conducted according to the performance during the bootcamp. At the end of the bootcamp, 20 young entrepreneurs will be selected to participate for six months.