Most people will agree that the bustling city of Lagos has earned its status as the largest in Africa with a population of about 15 million. With the influx of people coming into the city in search of life-changing opportunities, it remains the economic hub of Nigeria.
In recent times, Lagos has been the nurturing ground of Africa’s biggest startups including Interswitch, Paystack, Andela, Jumia, and Kobo360 among others. With these trendsetters, it is not surprising that the Lagos startup scene is rapidly expanding to accommodate a rising number of new innovations which is hoped to soar even more.
To support this inevitable growth Orange Corners Nigeria has opened applications for its 2021 incubation program for Lagos-based, young business owners and tech startups.
Have you identified a problem that you would like to solve, but lack an opportunity to do so? Are you unsure of how to execute your innovative idea? If yes, the Orange Corners Nigeria Incubation Program will be perfect for you!
Note that signing up is free as the cost of the incubator program has been covered as scholarships by the government of the Kingdom of the Netherlands and their private partners.
Orange Corners Nigeria Incubation Program
This incubation program is an initiative of the Kingdom of The Netherlands that supports young entrepreneurs in Africa and the Middle East, providing them with the needed funding, training, mentorship, network, and resources to start and grow scalable businesses.
Orange Corners focuses on entrepreneurs creating innovative and sustainable solutions to challenges in their respective communities as well as and contributing to Sustainable Development Goals.
It aims to equip them with skills, access to market, and other opportunities needed to scale. By partnering with various local, Dutch, and international companies, governments, universities, and other organizations, Orange Corners is able to effectively promote and strengthen the youths so they can grow to become successful entrepreneurs.
Benefits of participation
If you’re interested in the program, consider some of the benefits:
- Funding for prototype development & testing
- Business Incubation & Advisory Services
- Mentorship & Coaching
- Enterprise Management Training
- Mentorship & Coaching
To be eligible, you must meet the following criteria:
- Be an aspiring entrepreneur from Lagos
- Be between 18 and 35 years old.
- Have a validated innovative business concept, less than 2 years old.
- Your product or service must address a local challenge in Nigeria.
- It must be in line with UN Sustainable Development Goals.
Areas of selection
Applicants will be selected based on the areas below:
- Clarity of Market
- Competence of the entrepreneur/team
- Feasibility of business idea
- Social Impact
- Sustainability & Scalability of the business idea
You can apply here for the 3rd cohort of the 2021 Orange Corners Nigeria Incubation program which begins in February 2021. Applications close on Tuesday, January 26, 2021.
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