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Grooming Endowment Trust Accelerated Programme (Nigeria)

Organisation: Grooming Endowment Trust

Status: Closed

  • Grant
  • Media Innovation

Funding Size: Up to N10,000,000

Deadline: 05/08/2023

  • Eligibility Criteria:
    Companies in the financial services, healthcare, education, agriculture, digital (economy) infrastructure, social impact, media, mobility/logistics and commerce (ecommerce or social commerce) industries which are registered and incorporated with the Corporate Affairs Commission.
  • Type of funding: Core
  • Target country: Nigeria
  • Application language: English

The Grooming Endowment Trust (GET) Accelerated programme is a three-month hybrid startup acceleration program designed to support early-stage young entrepreneurs to develop the skills needed to transform their solutions, gain traction and reach customers.

During the Grooming Endowment Trust acceleration program, three focal areas will be explored: Business models, Strategic partnerships, and Investment readiness.

Startups selected to participate in the programme will be invited for a 3-day boot camp where they will connect with other entrepreneurs, business mentors, advisors and experts in business model design, strategic partnerships/growth and investment. All 10 startups will also receive an initial grant funding of NGN 1 million each and will design clear metrics on how they will track the performance of the funding.

After the Bootcamp, all ten (10) selected founders will be accepted into a 12- 14 week virtual accelerator program designed to support the growth of their enterprise. During this period, they will also be exposed to mentors and industry advisors. At the end of the programme, each entrepreneur will pitch their businesses and growth plans live to a curated investment committee bidding for seed and/or pre-seed investment of NGN 9 million. Five 5 startups will have access to this funding.

See here to learn more and apply.

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