2015 Ignite Business Ideas Contest for Budding Nigerian Entrepreneurs (100,000 Naira for 1,100 Entrepreneurs)

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Application Deadline: December 20 2014

It is often said that the future of any nation rests solely on the materialization of its entrepreneurs. Ideas, when supported with the right competence and FUNDS, rule the world. Nigeria, unarguably, is blessed with great people. Highly talented, hard-working and smart people with great business ideas. However, very little has been done to ensure the ideas materialize because of lack of FUNDS. One of the problems militating against the materialization of business ideas from the budding entrepreneurs is FUNDING.

To help address the issues of funding for the budding entrepreneurs, AGDC, under the IGNITE initiative, partners with The Chair Centre Group and Lagos State Government, to commission the conduct of a crowd sourced contest called IGNITE BUSINESS IDEAS CONTEST aimed at identifying One Thousand One hundred (1,100) innovative and viable business ideas.

Each of the One Thousand one hundred (1,100) winners will receive a sum of N100, 000 (One hundred thousand naira only) as seed capital to progress their business ideas and also benefit from 1 year business management mentoring by some members of the screening & selection committee.

Out of the 1,100 winners, The Chair Centre Group will provide the seed capital for 100 winners while Lagos State Government will provide seed capital for the remaining 1,000 winners.

The submitted business ideas will go through a screening process by a Screening and Selection Committee carefully selected from varying industries across the nation.

How to Apply

The following steps are required to participate in the contest

REGISTER: Register your profile on the Ignite Ideas website

LOGIN: Login with user credentials to access the application form. Fill all required entries in the General and Business Application sections of the Application form.

APPLY: Complete the application form. Once done, review again and submit

 

For More Information:

Visit the Official Webpage of the 2015 Ignite Ideas Business Competition

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