Orange Corners Incubation Program 2021 for Young Nigerian Entrepreneurs

Orange Corners Incubation Program 2021 for Young Nigerian Entrepreneurs

Deadline: July 9, 2021

Applications are open for the Orange Corners Incubation Program 2021 for Young Nigerian Entrepreneurs. The ambition of the program 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 they provide young entrepreneurs with a 6-month incubation program. 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.

Benefits

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

Cost

  • There are no participation fees for the program. The program is funded by scholarships by the government of the Kingdom of the Netherlands and their private partners.

Eligibility

  • 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

Selection Criteria

Budding entrepreneurs will be selected based on:

  • Innovativeness
  • Feasibility
  • Social Impact
  • Clarity of Market
  • Sustainability & Scalability of the business idea
  • Competence of the entrepreneur/team

Application

  • Online Application: Fill in all required fields and submit via the online application form submit button. Please make sure to check your inbox regularly to see if you are one of the 50 selected semi-finalists.
  • 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 program.
  • 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.

Click here to apply

For more information, visit Orange Corners.

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