Ensure You Subscribe to this channel for updated Training Information
11 Steps to Accessing Business Grants in Nigeria
My name is Dayo Adetiloye, an International Business Planning Consultant and the founder of Dayo Adetiloye Business Hub, the No 1 grass-root Business Hub in Nigeria, with an online presence at www.dayoadetiloye.com
Every year, we prepare a lot of startups and small businesses to access grants, loans and investors and we have recorded a lot of success stories.
We have recorded success in the listed grants application below:
BET (Diamond Grant)
KickStart International Breweries Grant
Individual loans and grants
And finally the Tony Elumelu foundation $5000 Grant.
Click Here To See Our Testimonies Over The Years
For Tony Elumelu Foundation $5000 Grant, every year, we work specially with people to see that they have a good write up to access this grant.
Sometimes some will be selected, others would not be selected.
We discovered one major factor, most people have not prepared the business or the idea to receive the grant and this applies to grants generally.
There are things to consider before applying for grants. I will share some of them in this article.
My organization recently did a Live seminar where we trained participants on how to apply for grant opportunities and also show them other business opportunities. After the seminar, people that could not attend benefited from buying the Audio, Video and E-Book Products developed from the live seminar.
If You Have Interest in The Lagos Live Seminar Information Product,
Click on The Link Below To Read More And See How To Buy The Information Product.
Most of the time when I consult for people on how to access grant, they ask questions like, ‘Have you received any grants before?’
As a result of that, we as an organization usually apply to any Grant we see that is in line with our mission. If we are not qualified, we look for friends or families that we can work with to access some of the grants.
In YouWiN Grant under the former President Goodluck Ebele Jonathan’s Administration, we recorded over 40 winners. In other editions, we had a lot of winners.
In Tony Elumelu Foundation Grants, we had more than 50 winners within and outside Nigeria, more than 5000 persons used our free guide and other professional services.
I, in person, applied for the Tony Elumelu Grant but was not selected in the first edition (2015) but God showed us favor as our new idea of a business hub was selected in the second edition (2016) and that was how I became Tony Elumelu Entrepreneur.
So, in this article, I am going to take you through 20 Steps to Prepare, Apply and Win the 2019 Tony Elumelu Foundation $5000 Grant and Other Grants in Africa.
This preparation is what you should do generally when applying for grants.
This will prepare you for opportunities.
Your Idea or Your Business Must be Very Clear to You.
I usually advise that you write on idea or business that you will do in the next 10 years minimum. That is what you will Focus on. Any idea can win Tony Elumelu Grant.
For other Grants, you might have to know their area of concentration and if your idea does not fit in, don’t apply. The focus will help you to gain momentum. It will help you to know the opportunities within your niche. E.g. I applied for Tony Elumelu Grant with business Hub Idea and I was selected. I did not apply with Agriculture even though they pick a lot of winners from that sector.
Start the Business
There is always a smaller version of your idea that you can start with little money. Just go and start! Start with the marketing or selling side of your business. E.g. If poultry is your idea, you can start selling eggs instead of doing nothing, waiting for one big money to own a farm. Starting with what you have will help you gain experience in the business.
Document your business in terms of your transaction.
Ensure you take records, take pictures of your events, products etc. request for testimonials.
Register your business with CAC (Corporate Affairs Commission)
We can do this for you in my organization and get the certificate to you in 2 weeks and delivers it to you anywhere in Nigeria, Just for a token. call or WhatsApp me on 08060779290 to do it.
Click Here To Read More On The Advantages Of Registering Your Business With CAC