March8th.ng – Apply for Prof Yemi Osinbanjo Business Grant, Receive up to N500,000 in Cash

March8th.ng: We are pleased to announce the 2021 edition of the March 8th Initiative. This Initiative was designed to promote entrepreneurial endeavors. Last year, 100 entrepreneurs received business-defining grants.

The only official website to apply is https://march8th.ng/index.html

This year, we are expanding in reach and scope for March8th.ng:

First, the Initiative has been reorganized into 4 categories; Big Idea Business Challenge, Business Support Challenge, Catalyst Support Challenge, Bold Innovation Challenge.

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1. Category 1- My Big Idea Business Challenge | Grant Sum- N100,000

Do you have a small-scale business that could use some injection for enlarging your inventory, or have an idea that solves a troubling issue in your area? We look forward to reviewing your idea-entry under Category 1 of the 2021 March 8th Entrepreneurship Programme. Your entry should be in the form of an elevator pitch on video that summarises who you are, what you do, what problem you are trying to solve, and how you would solve the problem with the grant, if successful. This video should not exceed 60 seconds.

March8th.ng Entry Criteria

Start with your full name and location. You MUST send your video via WhatsApp to 08095798693, and thereafter upload your video on either Facebook, Twitter or Instagram and use the hashtag #FriendsOfProf, and tag @march8thng. Because of the social transformation dimension of the challenge, applicants are required to post their video entries on social media.

2. Category 2- My Business Support Challenge | Grant Sum- N 250,000

Are you a small business looking to expand your current stock, hire staff or acquire basic equipment that would enhance profitability and operational efficiency so you can climb up to the next level of growth? If so, convince us by sending in an abridged business plan in no more than 500 words outlining your ideas, needs and aspirations.

March8th.ng Entry Criteria

Business must be registered and must have been in existence for at least 1 year. Submit a one-page proposal not exceeding 500 words describing your business and how N250, 000 will help it grow.

3. My Catalyst Support Challenge | N500,000

Are you an existing small business looking to expand your current scope either product-wise or geographically? Submit a business plan in no more than 750 words sharing your expansion and funding plans.

March8th.ng Entry Criteria

Business must be registered and must have been in existence for at least 2 years. Submit a proposal not exceeding 800 words describing your existing business and the new products or services you want to venture into and how you will apply the funds, if successful.

4. My Bold Innovation Challenge

Business must be registered and must have been in existence for at least 2 years. Are you a young entrepreneur with an innovative idea that provides a solution to a common need or promotes sustainability? Does your idea have potential to positively contribute to people, places and profit? If so, convince us by sending a competitive business plan pitching your ideas and the supporting rationale in no more than 1,000 words.

Entry Criteria

Write a proposal not exceeding 1,000 words on how N1 Million will help your business advance your innovative idea.

General terms and conditions (applicable to all categories). Entrants must:

1. Reside in Nigeria.
2. Be aged between 18 to 35 years.
3. Be a registered Nigerian business.
4. Only apply to one category. Applying to more than one will lead to disqualification.

All entries except those for My Big Idea Business Challenge must be submitted at www.march8th.ng.

Submit according to the category you are applying for.

The only official website to apply is https://march8th.ng/index.html