FATE Foundation, a leading non-profit organization in Nigeria, has announced the launch of its 2024 Road to Growth program, aimed at empowering women entrepreneurs across the country.
The program is designed to provide women-owned businesses with the necessary tools, resources, and support to scale their ventures and contribute to Nigeria’s economic growth.
Opportunity Summary
Funding Type: Partially Funded
Country to study: Nigeria
Type: Entrepreneurs
Sponsor: FATE Foundation
State of Origin: Ogun
Gender: Women
Application Deadline: September 9, 2024
About FATE Foundation
FATE Foundation is a non-profit organization that has been supporting entrepreneurs in Nigeria since 2000.
The organization’s mission is to foster wealth creation by promoting business and entrepreneurial development among Nigerians.
To date, FATE Foundation has trained over 150,000 entrepreneurs and supported the creation of more than 50,000 jobs.
For more information about FATE Foundation and its programs, visit fatefoundation.org.
Program Overview
The Road to Growth program is a comprehensive 6-month initiative that includes:
- Business training and workshops
- Mentorship from experienced entrepreneurs
- Networking opportunities with potential partners and investors
- Access to funding and grants
The program is open to women entrepreneurs across various sectors, including agriculture, technology, healthcare, and creative industries.
Eligibility Criteria
To be eligible for the program, applicants must:
- Be a Nigerian woman between the ages of 18 and 45
- Own a registered business that has been operational for at least one year
- Have a minimum annual turnover of ₦1 million
- Demonstrate a strong commitment to growing their business
Application Process
Interested candidates can apply for the program by visiting the FATE Foundation website and completing the online application form.
The application process involves submitting:
- A detailed business plan
- Financial statements for the past year
- A personal statement outlining the applicant’s entrepreneurial journey and vision
Program Benefits
Participants in the Road to Growth program will benefit from:
- Customized training sessions delivered by industry experts
- One-on-one mentorship from successful entrepreneurs
- Opportunities to pitch their businesses to potential investors
- Access to grants and low-interest loans to fund business expansion
By the end of the program, participants will have developed a robust growth strategy, expanded their professional network, and gained the confidence to take their businesses to the next level.
Success Stories
Previous editions of the Road to Growth program have produced numerous success stories.
One notable example is Aisha Bello, founder of Farmz2U, an agritech startup that connects farmers with consumers. After participating in the program, Aisha secured a $500,000 investment to scale her business and expand into new markets.
Another success story is Oluwakemi Adeola, CEO of Mamalette, an online platform that provides support and resources for new mothers. Through the program, Oluwakemi refined her business model, hired additional staff, and increased her revenue by 200% within a year.
Deadline:
The application deadline is September 9, 2024.
Conclusion
FATE Foundation’s 2024 Road to Growth program is a game-changer for Nigerian women entrepreneurs.
By providing access to training, mentorship, and funding, the program is empowering women to build successful businesses that drive economic growth and create jobs.
If you are a woman entrepreneur in Nigeria looking to take your business to the next level, click here to apply for the Road to Growth program today.
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