How to apply for Prof Osinbajo March 8 Initiative Empowerment scheme / grant which has been re-organized into 4 categories providing more opportunities for young Nigerians between 18 and 35 years old.
It is called The March 8 Initiative scheme organized to inspire and promote communal, entrepreneurial and public-spirited en- deavours within Nigeria in honor of the birthday of His Excellency, Prof. Yemi Osinbajo, SAN, GCON.
March 8th Initiative Grant Requirements For Entrants
- Reside in Nigeria.
- Be aged between 18 to 35 years.
- Be a registered Nigerian business.
- Only apply to one category. Applying to more than one will lead to disqualification.
How To Apply For Prof Osinbajo March 8th 1M Naira Grant
If you are MSME owners, you can apply to any of the four categories listed below;
1. My Big Idea Business Challenge | Grant Sum- N100,000
Do you have a small-scale business that could use some injection for enlarging your inventory, or have an idea that solves a troubling issue in your area? We look forward to reviewing your idea-entry under Category 1 of the 2021 March 8th Entrepreneurship Programme 2020.
Your entry should be in the form of an elevator pitch on video that summarizes who you are, what you do, what problem you are trying to solve, and how you would solve the problem with the grant, if successful. This video should not exceed 60 seconds.
Start with your full name and location.
You MUST send your video via WhatsApp to 08095798693, and thereafter upload your video on either Facebook, Twitter or Instagram and use the hashtag #FriendsOfProf, and tag @march8thng.
Because of the social transformation dimension of the challenge, applicants are required to post their video entries on social media.
2. My Business Support Challenge | Grant Sum- N 250,000
Are you a small business looking to expand your current stock, hire staff or acquire basic equipment that would enhance profitability and operational efficiency so you can climb up to the next level of growth?
If so, convince us by sending in an abridged business plan in no more than 500 words outlining your ideas, needs and aspirations.
Business must be registered and must have been in existence for at least 1 year.
Submit a one-page proposal not exceeding 500 words describing your business and how N250, 000 will help it grow.
3. My Catalyst Support Challenge | N500,000
Are you an existing small business looking to expand your current scope either product-wise or geographically? Submit a business plan in no more than 750 words sharing your expansion and funding plans.
Business must be registered and must have been in existence for at least 2 years.
Submit a proposal not exceeding 800 words describing your existing business and the new products or services you want to venture into and how you will apply the funds, if successful.
4. My Bold Innovation Challenge | N1,000,000
Business must be registered and must have been in existence for at least 2 years. Are you a young entrepreneur with an innovative idea that provides a solution to a common need or promotes sustainability? Does your idea have potential to positively contribute to people, places and profit? If so, convince us by sending a competitive business plan pitching your ideas and the supporting rationale in no more than 1,000 words.
Write a proposal not exceeding 1,000 words on how N1 Million will help your business advance your innovative idea.
For more information, kindly check https://www.march8th.ng/