Dive into Nigeria’s 25under25 Entrepreneurship Award, an initiative nurturing young entrepreneurial talents into sustainable successes.
Nigeria’s 25under25 Entrepreneurship Award has emerged as a beacon of support for young Nigerian entrepreneurs brimming with audacious ideas and the passion to transform them into scalable and sustainable ventures.
Unearthing the Essentials: About Nigeria’s 25under25 Award
The 25under25 awards is more than just an accolade; it’s a holistic support system tailored to bolster the ambitions of young Nigerian entrepreneurs under the age of 25.
We provide fellows with a stipend, access to finance, 12-month incubation, one-on-one leadership coaching, and access to a broad network of technical advisors, mentors, and potential investors.
No Ordinary Incubator: Nigeria’s Under-25 Incubator Program
Our Under-25 Incubator program is crafted to help budding entrepreneurs regardless of their economic background.
Isn’t it exhilarating to find a program that gives you both physical and mental space, enabling you to direct your energy entirely towards your venture? Well, that’s what we offer.
Our fellows enjoy 12 months of free workspace at the SME100 Africa office, access to shared meeting spaces, and additional performance spaces.
A meeting in a formal boardroom or a brainstorming session in creative spaces, we’ve got you covered!
A Peek into the Perks: Benefits of Nigeria’s 25under25 Entrepreneurship Award
Joining the 25under25 Entrepreneurship Award is like being adopted into a family of over 400 fellows who are eager to illuminate your entrepreneurial journey.
Our ecosystem offers:
- Weekly guidance and accountability from experienced, industry-specific mentors.
- Opportunities to network and build relationships with other 25under25 fellows and the broader SME100 Africa community.
- Direct exposure to stakeholders, press, and potential funders at our final showcase events.
- Access to a wide range of innovators, influencers, and community figures through conferences and events.
During the program, fellows receive over 100 hours of strategy and operations consulting, legal and business advice, technical advice, and one-on-one leadership coaching.
Cracking the Code: Requirements for Nigeria’s 25under25 Entrepreneurship Award
In the spirit of fairness and transparency, we have set a few guidelines for qualification for the award. The founder(s) must:
- Not be older than 27 years at the time of receiving the award.
- Have a company that’s been in existence for at least 3 years.
- Be Nigerian by nationality.
- Contribute to the socio-economic development in Nigeria.
- Adhere to ethical business practices and Nigerian laws.
- Register their business under the Corporate Affairs Commission of Nigeria.
The Bottom Line
The 25under25 Entrepreneurship Award is more than just a recognition; it’s a commitment to nurturing the entrepreneurial spirit among Nigeria’s youth, propelling them towards sustainable success.
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Frequently Asked Questions
What is the age limit for applying for the Nigeria’s 25under25 Entrepreneurship Award?
The founder(s) must not be older than 27 years at the time of receiving the award.
Does my business need to be registered to qualify for the award?
Yes, the business must be duly registered under the Corporate Affairs Commission of Nigeria.
What benefits do the fellows receive during the program?
Fellows receive weekly guidance, networking opportunities, exposure to stakeholders, and over 100 hours of various consultative services.
What are the incubation program facilities provided to the fellows?
The fellows receive 12 months of free workspace at the SME100 Africa office, along with access to various formal and creative meeting spaces.
Do I need to be a Nigerian to apply for the award?
Yes, the founder of the company applying for the award must be a Nigerian.
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