Orange Corners Nigeria Incubation Program For Young Entrepreneurs 2022

Orange Corner Nigeria aims to support and help to bring to the market innovative business ideas and concepts by young Nigerians through their Incubation program.

It will provide up to €40,000 in funding.

Our ambition is to develop and strengthen the entrepreneurship ecosystem in Nigeria. This ecosystem should enable youth to develop their business concept and become successful entrepreneurs, by providing them with the necessary opportunities, skills and access to markets.

Through Orange Corners we provide young entrepreneurs with a 6-month incubation progamme. At the same time, Orange Corners serves as a bridge between these innovative entrepreneurs and the private sector. This offers a great benefit to all partners involved. Orange Corners is an initiative of the Kingdom of the Netherlands in collaboration with a local service provider.

Application Process

Online Application

You are expected to apply online filling the form on the incubation official application page and click the submit button.

Bootcamp

The 50 semi-finalists will be invited to participate in a compulsory two-day-long bootcamp in which a jury decides who are best placed to join the incubation programme.

Selection

Selection will be conducted according to the performance during the bootcamp. At the end of the bootcamp, 20 young entrepreneurs will be selected to participate for six months.

Benefits of the Programme

The programme will be delivered in-person and virtually due to the development of the pandemic.

This program will not only provide the foundational entrepreneurial knowledge, tools and resources needed to transform an idea into a business but will also make available the networks and support needed for sustainable growth of the business.

There is a variety of benefits the program will offer you of which the most important ones are:
•Enterprise Management Training
•Business Incubation & Advisory Services
•Funding for prototype development & testing

Selection Criteria

In order to meet the selection criteria you must be:
• Be an aspiring entrepreneurs from Lagos, Nigeria
• Be between 18-35 years old
• Have a validated innovative business concept, not more than <2 years old
• The product or service responds to a local challenge in Nigeria
• The product or service relates to the Sustainable Development Goals

Budding entrepreneurs will be selected based on the:
• Innovativeness
• Feasibility
• Social Impact
• Clarity of Market
• Sustainability & Scalability of the business idea
•Competence of the entrepreneur/team

How To Apply

The Deadline for Application is 26th November 2021

Click here to visit the official application page

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