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Featured 

Latest Funding, Networking and Mentorship opportunities for entrepreneurs

latest-business-funding-networking-mentorship

​As a business owner or an aspiring entrepreneur, at a point, you need some form of funding and networking as well as mentorship to help build or grow your business, and just as expected, I've compiled some great business networking, mentorship and funding opportunities for you to help you get started.

Well, don't thank me yet since you will need to put in a lot of efforts in scaling through the challenges offered by this programs.

Nevertheless, most of them only require a good business plan, filling of an application form and your active participation such as pitching your business to a panel of judges. You should probably subscribe to Ghavoch and stay tuned to this post since I will be updating it often.


You may also be interested in following my case study on how I will be setting up an entertainment company without capital.



1. International Youth Foundation YouthActionNet's Laureate Global Fellowship for Young Social Entrepreneurs


The Laureate Global Fellowship is a pioneering youth social entrepreneurship program working to redefine how young people lead change. 

Launched in 2001, the fellowship invests annually in twenty extraordinary young leaders whose social ventures are transforming how age-old challenges are addressed in their communities and countries.

 Fellowship applicants earn their spot in this renowned cohort through a rigorous selection process including evaluation by a panel of peer leaders and executives from distinguished global institutions.

Laureate Global Fellows begin their fellowship experience at a week-long, in-person retreat where they are challenged to step away from the demands of daily work in order to see themselves, their work, and the world with new eyes.


Yearlong Support:

Over the course of the fellowship year, fellows gain access to opportunities for needs-based personal and organizational development, including:

  • One-on-one coaching and individualized support
  • Virtual learning sessions
  • Personal and organizational assessments
  • Peer coaching groups

For more information and details on how to participate visit their official website.



2. HiiL Justice Accelerator Innovating Challenge for Justice Entrepreneurs


Every year hundreds of the world's best ideas and projects in justice innovation apply to the HiiL Justice Accelerator.

The Innovating Justice Challenge has been the world's foremost search for justice innovations since 2012. However, only about 15-20 are selected for grant funding, justice expertise and networking, and mentorship.

The HiiL Justice Accelerator is focused on finding and supporting innovations that create rights awareness, provide resolution of disputes and legal problems or improve efficiency and transparency in the existing legal system."


In general, they find that justice innovations fall into three categories:

  1. Legal information, awareness and education: legal education & rights awareness, data and transparency;
  2. Access to justice, legal services and dispute resolution: legal services – 'Lawyers 2.0', dispute systems and procedures, human rights and protective measures;
  3. Inclusive justice policies: rule-making and governance, compliance and enforcement, advocacy and corruption fighting.


Selection:

  • (New) Ventures with a strong potential of delivering concrete justice solutions for many people, including micro, small and medium-sized businesses.

  • Innovative justice initiatives that are already making a difference and have the potential and ambition to scale internationally or to many more users.

  • Unique initiatives that are solving the most pressing justice problems for people, based on evidence and data, in particular family, land, crime or employment issues.

  • Ventures that are financially sustainable and have a measurable impact.

  • Innovative initiatives within existing justice systems or public institutions, spearheaded by driven intrapreneurs that want to see things work differently.


For more details and how to apply, visit their official website


How to build a successful business - Reasons why businesses fail and how to avoid them.

Most times, starting a business is the easy part. To succeed in making it run smoothly without collapsing, however, is the where the work is. And the success of a business usually depends on who is running it- the entrepreneur! Some might call it a m...
https://www.ghavoch.com/preneur/how-to-build-a-successful-business-reasons-why-businesses-fail-and-how-to-avoid-them

How to raise funds for your startup. Your Top 12 capital business options.

Well as you know, starting a quality business isn't cheap. As a matter of fact, the startup capital is one major discouragement faced by most intending entrepreneurs. Most times, you brew an exceptional business idea, do a product research and market...
https://www.ghavoch.com/preneur/how-to-raise-funds-for-your-business-your-top-12-capital-options


3. Yunus and Youth (Y & Y) Global Fellowship Program


Are you building a business to create a better world? Apply now for the Yunus and Youth (Y & Y) Global Fellowship Program for social business entrepreneurs.

Get professional support and mentoring to scale your social venture. Become one of the 25 young changemakers from around the world growing sustainable solutions to social problems.

The Y and Y Fellowship Program is a six-month online global program for young people running businesses tackling social issues. It empowers young social entrepreneurs helping them validate their business model and build a compelling strategy for their venture.

Yunus and Youth aim to train, equip and connect young social entrepreneurs with the expertise, resources and opportunities needed to scale their impact.

Already present in five continents, Yunus and Youth pairs social entrepreneurs with established business people, politicians and academics who share their skills and knowledge to support the mentees' social business development.



The Y and Y Fellowship Program is composed of:

  • Mentoring Program that functions as a structured one-to-one relationship with an experienced business professional and involves the transmission of knowledge, social capital and guidance enhancing the fellow's professional growth.

  • Online design thinking workshops with an intercontinental team that helps entrepreneurs create a game-changing vision.

  • Expert webinars focused on developing functional skills such as revenue model development, budget management, social media strategy, branding, impact measurement, strategic management, and team building, among others.

  • A support network that facilitates the connection to like-minded professionals worldwide.


You may also be interested in following my case study on how I will be setting up an entertainment company without capital.


Benefits:

  • Be part of an individually tailored online mentoring program with an experienced mentor who will provide professional guidance;
  • Participate in expert webinars with our social business professionals;
  • Increase your global network by being part of a global class of exclusively selected young
  • social entrepreneurs;
  • Receive support on focus areas and see your business grow and be taken to the next level.


See more details and how to apply on their official website



4. BMCE Bank African Entrepreneurship Award 2018 for African Based Entrepreneurs ($1 million Prize)


Are you looking for mentoring to launch or grow your business or idea in Africa? Join the journey to receive free, online mentoring from over 400 entrepreneurs, investors and business owners.

The African Entrepreneurship Award offers $1 million to all eligible African entrepreneurs with an existing business or just an idea for one.

The Award Journey is made up of 4 rounds of mentoring and starts by you taking a few minutes to submit an idea for Round 1. Once you hit the submit button, you begin a journey with real entrepreneurs who have been where you are today.


Award Categories:

Innovation

New technology, new business model or attempting to solve a problem that's never been solved before in your region.

Criteria Include

  • Is it durable?
  • Is it multi-functional?
  • Is it environmentally sustainable?
  • Is it low cost?

Sports

Promotes integrity, perseverance and friendship to unite communities.

Criteria Include

  • To what extent does it strengthen the economy?
  • To what extent does it improve the health of our youth?
  • To what extent does it reflect values, especially integrity?

The Journey:

Ten months to launch or scale your idea, build your business, & share in the Award.

For more information and details on how to apply, visit their official website


5. Injini EdTech Incubator Programme for EdTech Entrepreneurs in Africa.


Injini is the first EdTech dedicated incubator programme on the African continent. It is the only opportunity for EdTech entrepreneurs based anywhere in Africa to get industry specialist mentoring, support, scale up and funding introductions, and early-stage funding.

Requirements:

  • The programme is open to anyone from, based in or focused on any African country.
  • Injini are looking at for-profit businesses, focused on Africa and on as broad a section of the population as possible (especially low income), that address learning from early years to adults using technology.

Duration:

  • 6 months. Cohort 2 is scheduled to begin in July 2018 and end on December 2018


Benefits:

  • Injini will cover the full cost of travel to and from Cape Town for all entrepreneurs and teams.
  • Injini will pay stipends.
  • Injini will cover accommodation for those that need it. We will cover all programme related travel.
Application Process:
  • Applicants fill in a short application form that will be live from 1 March to 3 April 2018. Around 20 successful applicants will go through our due diligence process, including providing a short video by 16th April.
  • The top 15 will pitch to our selection panel for the remaining 8 places.


If you are interested in this opportunity, kindly visit their official website.

You may also be interested in following my case study on how I will be setting up an entertainment company without capital.



6. Carrington Youth Fellowship Initiative (CYFI) for young visionary Nigerians


The Carrington Youth Fellowship Initiative (CYFI), is a dynamic youth-based initiative launched in 2011 by the U.S. Consulate General, Lagos.

CYFI brings together Nigerian youth of exceptional vision, skills and experience to design and implement projects that have a positive impact on Nigerian society.

Former Ambassador to Nigeria, Walter Carrington, was a champion of civil liberties, democracy and closer ties between the U.S. and Nigeria.


CYFI fellows are committed to putting the ideals of Walter Carrington into practice. The CYFI Board of Directors, in conjunction with the Public Affairs Section at the U.S. Consulate General, Lagos, selects fellows who demonstrate exceptional vision, skills and experience. 

Fellows are them grouped into teams based on interest, and teams then develop and implement their own youth engagement project over the course of the one-year fellowship duration.
In addition to working with their team to bring their project into fruition, CYFI fellows have the opportunity to attend various networking events, roundtables and forums on relevant social issues, hosted by the U.S. Consulate General, Lagos.

The year will conclude with an awards ceremony for fellows, where fellows will be inducted into the CYFI Alumni Program.

Requirements:
  • Passion - You are committed to making a significant contribution to your community and country
  • Skill & Experience - You have a unique set of skills and experiences that you can use to make an impact
  • Strategic Thinking - You are excited about the opportunity to launch an innovative CYFI project. You know how to design a project that is based on sound research, uses resources creatively, builds or improves on existing systems, and leverages partnerships with complementary organizations

  • Vision - You know the area of social change in which you would like to work, and you can articulate the positive change that you would like to make


For More Information, visit their official website.



7. Apply for the Tony Elumelu Entrepreneurship Programme (TEEP) 2018 (USD 5000 Funding)


The Tony Elumelu Entrepreneurship Programme (TEEP) for African entrepreneurs is open and you can get USD 5000 in Funding to kick-start or expand your business.

Africa's largest philanthropy supporting entrepreneurship – The Tony Elumelu Foundation (TEF) is now accepting applications for business ideas that can transform Africa.


Established in 2010, The Tony Elumelu Foundation (TEF) is the leading philanthropy in Africa championing entrepreneurship and entrepreneurs across the continent.

The Foundation's long-term investment in empowering African entrepreneurs is emblematic of Tony Elumelu's philosophy of Africapitalism, which positions Africa's private sector, and most importantly entrepreneurs, as the catalyst for the social and economic development of the continent.

The Foundation's flagship initiative, the TEF Entrepreneurship Programme, is a 10-year, $100 million commitment to identify, train mentor and fund 10,000 entrepreneurs, capable of changing the face of business across Africa.


You may also be interested in following my case study on how I will be setting up an entertainment company without capital.


Eligibility:

  1. The business must be based in Africa
  2. The business must be for profit
  3. The business must be 0-3 years old
  4. Applicants must be at least 18 and a legal resident or citizen of an African country


The Programme provides critical tools for business success, including:

  • Training: 12 weeks of intensive online training which guides creating and managing a business
  • Mentoring: A world-class mentor to guide during the early transformation stages of the business
  • Funding: $5,000* in seed capital to prove the concept, plus access to further funding
  • Network: Access to the largest network of African start-ups and TEF's own global contacts.


If you are interested in applying for this programme, kindly visit their official website.


Profound tips to help you generate more sales for your business

Whether you own an online store or you are running a local business offline, the process of gaining more sales isn't far-fetched. In fact, it's based on the same principles. To generate more sales, one may need more customers but that isn't always th...
https://www.ghavoch.com/preneur/profound-tips-to-help-you-generate-more-sales-for-your-business

The 7 proven and effective methods on how to grow a business.

Apart from those running kiosk kind of businesses, it's the dream of most entrepreneurs to develop their businesses into larger companies, but doing so can be a challenge without the proper knowledge and strategic steps. Though the thought of running...
https://www.ghavoch.com/preneur/the-7-proven-and-effective-methods-on-how-to-grow-a-business


8. Young African Leaders Initiative (YALI) RLC West Africa Emerging Leaders Program


The Young African Leaders Initiative (YALI) was launched by the United States Government, to train the next generation of African Leaders who will shape the future of African business and entrepreneurship, civil society leadership, and public sector management.

The YALI Regional Leadership Centre (RLC) West Africa, Accra, offers you an innovative and game-changing Online Emerging Leaders training program in the following courses:


  1. Business and Entrepreneurship
  2. Civil Society Leadership
  3. Public Sector Management

The program is hosted by the Ghana Institute of Management and Public Administration (GIMPA) and Applicants must be between the ages of 18 and 35, from Sierra Leone, Ghana, Nigeria,  Togo, Ivory Coast, Gambia, Burkina Faso, Liberia or Cameroon.


Benefits:

  • Improve your leadership skills
  • Win a free tablet loaded with content
  • Obtain a certificate of completion
  • Become a member of the YALI Alumni Network
  • Join the United States graduates Alumni Network
  • Mentoring, Internships, and more! 


The YALI RLC West Africa exceptional Emerging Leaders Online Program is created through the collaboration of leading universities and partners – ensuring that innovative, high quality and peer-reviewed courses can help you become a real Leader. For more information and how to apply, visit their official website.



9. Global Youth Empowerment Fund

The Global Youth Empowerment Fund is an initiative to empower young people around the world to impact their communities by investing in grassroots, community projects.

A partnership of JCI and the SDG Action Campaign (formerly the UN Millennium Campaign), the Fund will offer grants, financing and training to youth-led projects and social enterprises that advance the Global Goals for Sustainable Development in local communities around the world.


All Projects Must Be:

    • Non-governmental organizations (NGOs) and nonprofit private bodies whose activities contribute to the promotion of sustainable development and youth leadership; Examples include: JCI Local Organization, SDG Action Campaign partners, youth-run registered nonprofit.

    • Public bodies with specific responsibility for the promotion of youth engagement in advancing the Global Goals for Sustainable Development;
  • Be created and led by youth between the ages of 18 to 40.

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  • Demonstrate community impact and project planning criteria in line with the JCI Active Citizen Framework. The JCI Active Citizen Framework is a planning mechanism for community-based organizations to identify their community's greatest needs and align their projects to the global development agenda creating global impact.

  • Adhere to the goals of JCI and SDG Action Campaign in developing grassroots projects that advance at least one of the Global Goals for Sustainable Development through the JCI Active Citizen Framework.

  • Include like-minded community partners who agree to support the applicant's project. Types of partnership can include financial support, in-kind support or marketing and communications support.

  • Include plans for organization's own support of the project, including both financial (e.g. fundraising or sponsorship acquisition) and non-financial (e.g. volunteer hours or in-kind sponsorship) support. The applicant organization is expected to supply at least 50% of the value of the requested funding in their own support.

  • Have mechanisms for monitoring and evaluation and follow-up after funding has been dispersed. All funded projects must submit the required project updates and final reports.

Learn more about this opportunity on their official website.



10. The SAG-SEED Replicator Connect for south African Entrepreneurs


Apply for the SAG-SEED Replicator Connect Workshops in Cape Town, South Africa to learn from successful business models and gain innovative tools to build up your own enterprise.

Who is eligible?

Do you live in South Africa and have an entrepreneurial drive and want to make a change in your community, but haven't got a clear business idea yet? Then the SAG-SEED Replicator is right for you!

The SAG-SEED Replicator uses proven solutions to environmental, social and economic challenges to support eco-inclusive entrepreneurship in local communities.

By building on learnings of others, you will be able to replicate and adapt successful elements of viable eco-inclusive business models to your own context. Thereby you will tackle environmental and social challenges your community is facing while creating economic impact.Learn more here


11. Open Society Fellowship for Innovative approach to Open Society Challenges (Stipend of $100,000)


You may also be interested in following my case study on how I will be setting up an entertainment company without capital. The Open Society Fellowship supports individuals seeking innovative and unconventional approaches to fundamental open society challenges.


The fellowship funds work that will enrich public understanding of those challenges and stimulate far-reaching and probing conversations within the Open Society Foundations and in the world. Learn more here


You Should Get a Standard Website For Your Business. 18 Core Reasons Why.

 Every establishment, product and individual needs a website these days and we will tell you why. This is the information era and everyone literally gets their information from the internet as well as every group, business and person has an onli...
https://www.ghavoch.com/preneur/you-should-get-a-standard-website-for-your-business-18-core-reasons-why


12. N5m Grant from National Entrepreneurship Empowerment Programme for Nigerians

The National Entrepreneurship Empowerment Programme (NEEP) is once again inviting all suitably qualified Nigerians to submit their applications. Entrepreneurs or intending entrepreneurs with viable business idea capable of boosting the Nigerian economy and possibly employ other Nigerians within the shortest possible time are hereby advised to consider taking part in this opportunity.


If as an entrepreneur, you have been seeking for an avenue for proper training and mentorship in business development, this is a great opportunity for you.

This is a partnership programme with Entrepreneurial Development institutions, Nigerian Universities and well-meaning Nigerians to reduce unemployment. 

Get more details about them here



13. The U.S. African Development Foundation Business Grant – Get up to $250,000


The U.S. African Development Foundation invites proposals for grant financing and local support, from African enterprises, cooperatives, and producer groups with innovative solutions that extend their own capabilities to increase revenues, create jobs, improve farmer incomes, and achieve sustainable market-based growth.

Maximum award US $250,000. Proposals will only be accepted from registered agricultural cooperatives, small-scale producer groups, and agricultural processors working directly in the sectors and countries listed....Learn more here



14. Postcode Lottery green challenge for startups. Win up to €500,000.


Postcode Lottery is here again with another edition of their Green Startup Challenge! This is one of the world's largest competitions in the field of sustainable entrepreneurship for the green industries.

Green start-ups across the globe can submit their promising business plans and after the competition, the winner goes home with €500,000 to further develop the product or service and launch to the market.

The runner-up, however, receives €200,000 and the three other finalists receive €100,000 each. The selection process is handled by an international jury. Learn more here



15. Africa's Young Entrepreneurs Empowerment Nigeria (AYEEN)


AYEEN comes with a long list of available slots for funding, mentoring and training for creative and innovative entrepreneurs in Nigeria.

AYEEN which was established in 2014, has succeeded in helping many entrepreneurs in developing several successful businesses.

The programme was established to effectively affect the business space and entrepreneurial minds of young Nigerians and has led to the identification of viable business ideas, start-ups and existing businesses which have been generously aided with grants, business mentorship and coaching over the years.

Learn more here


16. AGFUND International Prize for Pioneering Human Development


This is an annual prize established in 1999 by the Arab Gulf Programme for Development (AGFUND), with the aim of inciting and encouraging innovation and creativity in human development work.

The Arab Gulf Programme for Development (AGFUND) announces the first goal of the SDGs 2030 " End of poverty in all its forms everywhere " as subject for the 2018 AGFUND International Prize 2018 and invites the United Nations, international and regional organizations, ministries and public institutions, social business enterprises, national NGOs, individuals and development actors worldwide to submit nominations for the Prize.


The AGFUND Prize Carries:

a) The cash amount of US $1,000,000 (one million) distributed as follows:

  1. First category: US $400,000
  2. Second category: US $300,000
  3. Third category: US $200,000
  4. Fourth category: US $100,000

b) Certificates of Recognition and trophies (to be presented to all winners).

To apply for this opportunity, visit their official website.


7 Tips To Help You Write a Great Business Plan

If you are planning on writing a business plan and you intend using it to raise funds either from the bank (loan), from investors or for a grant, you need to understand key things that will help you succeed.  The tips below will really help you ...
https://www.ghavoch.com/preneur/7-tips-to-help-you-write-a-great-business-plan

Financial Education 101: Getting familiar with how money works.

We see a lot of people struggling financially these days even when they are being paid $5,000 monthly and you wonder why. And in some cases, you actually know where the money goes – Taxes, Mortgage, Bills, Food, etc. While some of these are very nece...
https://www.ghavoch.com/develop/financial-education-101-getting-familiar-with-how-money-works


17. Alibaba Group eFounders Fellowship for entrepreneurs in developing countries


The eFounders Fellowship is a two-week course for entrepreneurs in developing countries who are operating open, platform-based businesses in the eCommerce, logistics, big data, and tourism spaces.

The program will provide first-hand exposure to and learn about eCommerce innovations from China and around the world that enabled growth and a more inclusive development model for all.

Participating entrepreneurs will be given the tools to improve their own ventures, but as 'New Economy' pioneers they will be expected to serve as network builders and champions of new ways to approach commerce in their own markets.

UNCTAD and Alibaba believe these entrepreneurs can spread powerful new ideas around the world by creating impactful communities and empowering their peers. Learn more here

Financial Education 101

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