Plus Incubation Hub has officially announced the launch of The Plus Factor Grant Program, a high-impact entrepreneurship support initiative designed to identify, nurture, and fund promising entrepreneurs across Africa with non-dilutive grant funding, market access, and innovation support.
The Plus Factor Grant Program is a structured, merit-based initiative targeted at idea-stage, early-stage, and growth-stage entrepreneurs who are building scalable, market-relevant businesses but face barriers such as limited access to finance, weak market linkages, and insufficient innovation support.
According to Eunice Alabi, Program Lead of the Plus Factor Grant Program, “The Plus Factor Grant Program is not just about funding; it is about backing entrepreneurs with the clarity, readiness, and support required to build sustainable businesses. We are intentionally combining finance, innovation, and market access to create real, measurable impact.”
About The Plus Factor Grant Program
The Plus Factor Grant Program is a CSR initiative of Plus Incubation Hub, implemented by the School of Grant Success, and delivered through a transparent and competitive multi-stage selection process.
The program runs over an 8-week implementation period, ensuring quality evaluation, fairness, and accountability.
Who should apply?
The program is sector-agnostic and open to entrepreneurs across multiple industries.
Eligible applicants include:
- Idea-stage entrepreneurs with innovative, market-relevant business ideas
- Early-stage startups with pilots, early customers, or initial traction
- Growth-stage businesses ready to scale, expand markets, or strengthen operations
Eligibility Criteria
To qualify, applicants must:
- Be a Founder or Co-Founder of a business or startup
- Have an operational business or a validated business idea
- Demonstrate commitment to growth and scalability
- Be available to participate fully in program activities
- Submit a complete application before the stated deadline
Applications that do not meet these minimum requirements will be disqualified at the initial screening stage.
Selection Process & Evaluation Criteria
The Plus Factor Grant Program follows a three-stage selection process:
Stage 1: Eligibility & Alignment Screening
Applicants are assessed on:
- Application completeness
- Entrepreneurial motivation and vision
- Business relevance and feasibility
Stage 2: Business, Market & Innovation Assessment
Evaluation focuses on:
- Market opportunity and demand
- Innovation and differentiation
- Business model sustainability
- Growth and scalability potential
- Founder capacity and leadership
Stage 3: Final Pitch & Evaluation
Finalists pitch before an expert panel and are assessed on:
- Market and financial readiness
- Effective use of grant funding
- Innovation impact
- Pitch clarity and execution
- Inclusion, youth, gender, and social impact considerations
Benefits of Participation
Successful entrepreneurs will benefit from:
- Non-dilutive grant funding
1st place – 1 Million Naira
2nd place – #500,000
3rd place- #250,000
4th place- #150,000
5th place- #100,000
- Business mentorship and pitch support
- Market access and visibility opportunities
- Innovation and growth readiness support
- Investment readiness training
Program Timeline
- Applications Open: Now
- Application Deadline: 15th of March 2026
- 8 Weeks Selection, evaluation and Trainings
How to apply
Interested entrepreneurs are encouraged to apply via the official application link.
Applicants are advised to complete all required sections accurately and submit before the deadline.
About Plus Incubation Hub
Plus Incubation Hub is a business development and entrepreneurship support organization committed to enabling startups and MSMEs through funding readiness, incubation, training, and market access initiatives. www.plusincubationhub.com
About School of Grant Success (SGS)
School of Grant Success (SGS) is the pioneer and premier institution raising pan african development consultants and social innovators solving the biggest challenges on the continent -which is lack of access to finance.
They train, support, and provide linkages to businesses and organizations helping them to be investment ready and master resource mobilization. Their advisory service help improve proposal writing, pitch deck preparation, governance structure, grant writing techniques, and overall fundraising skills of their students
They exist to help businesses and organizations understand and mobilize critical resources they need to scale their visibility and impact.
Since inception and almost every year, SGS facilitate more than $1Million in grant funding and other impact investment instruments (such as debt and/or equity) from donor agencies, development partners, and impact investors.
Over the next 10year (2023 – 2033), they are committed to helping 1M (1,000,000) youths, startups, businesses and NGOs across Africa, access grant funding.
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