Opportunity Title: FATE Foundation Road to Growth Program 2024 for Nigerian Entrepreneurs

FATE Foundation Road to Growth Program 2024 for Nigerian Entrepreneurs

FATE Foundation in partnership with the Cherie Blair Foundation for Women, is pleased to announce the launch of the Road to Growth Programme 2024 for Female entrepreneurs leading a business in Ogun State who want to experience Increased Confidence and Capacity in Business.

The program is funded by Cherie Blair Foundation for Women and other partners. Road to Growth equips women entrepreneurs in low and middle-income countries with business skills, financial literacy, networks, and confidence so they can achieve business growth.

The program aims to support 40 women Entrepreneurs running businesses in Ogun State to break through barriers and support them to succeed.

About the program

• Type: Entrepreneurs
• Country to study: Nigeria
• Sponsor: FATE Foundation
• Funding Type: Partially Funded
• Eligible Countries: Nigeria
• Benefits: Financial Literacy, Enterprise Training, Direct Course Fees Support
• Deadline: September 9, 2024

Requirements

Women entrepreneurs who:

• Own at least 50% of the business in Nigeria
• Have a business that has generated profit for at least 2 years
• Have 3-49 employees
• Be able to read and write
• Have Basic computer literacy
• Be able to read and write English
• Have had no previous access to loans and have a need for additional investment

Benefits

• Enterprise Training and Capacity Building
• Growth and Advisory Support
• Financial Literacy
• Access to Free Business Support Tools and Networks
• Membership in FATE Alumni Network
• Scholarship support covers all direct course fees including course materials, books, data support, and post programme support.

Selection Process

The Road to Growth program is a  7-week hybrid Programme, that will take place 8-10 hours per week on the Learning Management System (LMS), Virtual Class sessions, WhatsApp Group sessions, and In-person sessions, using innovative classroom management tools.

Lectures will be delivered in modules that afford participants the flexibility of time to run their businesses, while they participate in the program.

The core part of the program will include the following modules:

• Connections (Intro to Road to Growth)
• Context (Knowing Your Market)
• Communication (Digital Marketing)
• Capacity (Knowing Your Business)
• Capital (About Financing)
• Character (Financial Relationships)
• Confidence (Applying for Financing)

As the classes progress, participants will be developing their growth plans and make immediate improvements in their respective businesses where necessary.

How to Apply 

Stage I: Interested applicants can apply using the Apply Button on the Application Platform (SOAR)

Stage II: Following a review of all received applications, candidates will be shortlisted for a 10-minute phone/video interview after which 40 applicants will be selected for Ogun cohort of the program.

Deadline: September 9, 2024.