Deadline: 11-Jul-20
Are you a Nigerian young person, between the ages of 18 – 35? Have you seen a problem or issue that is really just an opportunity? Do you have an idea or solution that you are not quite sure how to articulate or implement but you’re passionate about and willing to see it through? If yes, then Orange Corners is the place for you.
The 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 they 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.
The objective is to contribute to the creation of a prosperous and robust entrepreneurial ecosystem in Nigeria where young people can develop needed competencies, become more confident and take advantage of networks and opportunities they were ignorant about to provide value to the Nigerian economy through viable, growing and sustainable businesses.
Nigeria has a significant underutilisation of its youth population with staggering levels of youth unemployment and underemployment (above 60%). Therefore, this growing issue provides the opportunity to leverage the passion of the youth, innovation, technology and entrepreneurial mindset to add value to the economy.
However, from the experience, they understand that young businesses have problems surviving the first five years because they lack the knowledge and fostering environment necessary to transition from a concept to reality.
Orange Corners Offers
- You have the business idea. They have everything else you need. Together they create the future.
- Because Orange Corners is more than a place; more than a training; and more than a community – it is an entire entrepreneurial ecosystem which transforms a young person with an idea into a business providing value.
- Here, you will discover the entrepreneur in you, to redefine and shape your future. You will gain more self-confidence, gain access to the knowledge, tools and resources to leverage your business ideas. You will be connected to a network of entrepreneurs, the market and new opportunities.
- All this is possible thanks to the collaboration between Orange Corners and local, national and international partners such as FATE Foundation.
Benefits
For now, the programme will take place virtually.
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
- Mentorship & Coaching
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
For more information, visit http://orangecorners.com/nigeria/