Apply now for the Flourish Africa Grant (₦3M) for Nigerian Female Entrepreneurs. The One Billion Naira Fund created the Flourish Africa Grant for Female Entrepreneurs to support and promote African female-owned businesses for over 5 years through training, mentoring, and funding.
The program’s curriculum has been designed to educate and prepare female entrepreneurs for their business journey. It provides female entrepreneurs an enabling platform for practical skill development, mentoring, business capital, and access to the marketplace.
The program will empower the entrepreneurial activities of at least 2,500 female business owners through funding and structured training over five years.
Through the Flourish Africa Grant, a minimum of 500 female entrepreneurs would be trained in business and life skills each year, after which the top 100 achievers from the pool would be eligible for grants of 3 million naira each from a 200-million-naira annual fund.
Eligibility and Requirements for the Flourish Africa Grant
Participants must meet the following:
- Participants must be between the ages of 18-50.
- Participants must be female. If co-owned with a man, applicants must have at least 51% ownership of the business, with proof.
- Participants must have access to internet-enabled devices for training and must be willing to commit to virtual training for (4) months.
- Participants’ businesses must be in the Start-up phase.
- Participant’s business must be domiciled in Lagos, Abuja, or River State.
What You Stand to Gain from the Flourish Africa Grant
The top selected top 100 achievers will receive the following:
- Selected participants will be eligible for grants of three (3) million naira each from a 200-million-naira annual fund.
- Selected participants have an enabling platform for practical skill development, mentoring, business capital, and access to the marketplace.
- Selected participants will receive training, mentoring, and funding for over five (5) years.
The application deadline is the 31st of December, 2023.
For more information, visit the official webpage of the Flourish Africa Grant.