Empowering Ebonyi’s Visionaries:
NGN100,000,000 Entrepreneurship Grant

Supporting the next generation of Ebonyi entrepreneurs and businesses committed to driving local impact
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ojerinkporo caring heart foundation

Launch of Entrepreneurship Grant Program

The Ojerinkporo Caring Heart Foundation is pleased to announce the launch of its Entrepreneurship Grant Program, designed to support innovative and promising entrepreneurial ventures. This program aims to provide financial assistance and mentorship to aspiring entrepreneurs committed to driving economic growth and creating positive social impact.

Program objectives

  • To foster the development of innovative and sustainable entrepreneurial ventures.
  • To provide financial support to entrepreneurs who demonstrate potential for high-impact businesses.
  • To connect entrepreneurs with industry experts, mentors, and resources to accelerate their growth.

We’re committed to building resilient businesses and empowered communities. Through this grant, we’re providing 100 million Naira to uplift entrepreneurs who are ready to make an impact.

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Eligibility Criteria

To be eligible for the grant program, applicants must meet the following criteria:

  • <b>01</b>
    01

    Be a registered business entity

  • <b>02</b>
    02

    Be an Indigene of Ebonyi State

  • <b>03</b>
    03

    Have a business plan that outlines a clear vision, mission, and growth strategy.

  • <b>04</b>
    04

    Demonstrate a strong entrepreneurial spirit and a commitment to innovation.

  • <b>05</b>
    05

    Be able to demonstrate financial need and the potential for significant impact.

  • 01

    Be a registered business entity

  • 02

    Be an Indigene of Ebonyi State

  • 03

    Have a business plan that outlines a clear vision, mission, and growth strategy.

  • 04

    Demonstrate a strong entrepreneurial spirit and a commitment to innovation.

  • 05

    Be able to demonstrate financial need and the potential for significant impact.

Grant Amount and Use

The foundation awards 100 million Naira to entrepreneurs with innovative business ideas. The grant amount per person will range from ₦1,000,000 to ₦3,000,000, depending on the project’s specific needs and the application’s evaluation.

Grant Use

The grant amount will vary depending on the project’s specific needs. Grant funds can be used for:

  • Expansion of existing businesses with prove of concept.
  • Working capital for start-ups.
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Application Requirements for the Ojerinkporo Foundation Grant

Application Requirements for the Ojerinkporo Foundation Grant

To apply for the Ojerinkporo Foundation Grant, interested applicants must provide the following documents:

To apply for the Ojerinkporo Foundation Grant, interested applicants must provide the following documents:

Completed grant application form

Fill out the application form with all necessary personal and business details. This is the foundational step, as it gives us essential information about you and your venture.

Business Plan

A clear and detailed business plan outlining your goals, market analysis, and the strategies you’ll employ to achieve success. This plan should highlight what sets your business apart and how the grant will impact your growth.

Financial Projections

Provide a breakdown of your expected revenue, expenses, and cash flow over the next few years. Accurate financial projections are crucial to showing the viability and sustainability of your business.

Letters of Recommendation

Submit two or more letters from individuals who can vouch for your business skills, character, and dedication. Ideal recommenders include mentors, advisors, or clients who know your work well.

Any other supporting documentation

Attach any relevant certifications, awards, media mentions, or other documents that support your business credibility and achievements.

Application form must be filled out latest by 21 of Nov, 2024. Click to fill now

Selection Criteria

All applications for the Ojerinkporo Caring Heart Foundation Grant will be carefully evaluated using the following criteria to ensure alignment with our mission and objectives:

The potential for the business to create jobs and economic growth

We prioritize businesses that demonstrate the capacity to stimulate economic growth and create employment opportunities, benefiting both the local community and the wider economy.

Businesses with unique, innovative concepts that bring fresh solutions or new perspectives to their respective industries are given preference. We value originality and creative approaches to addressing current challenges.

A solid, well-structured business plan paired with realistic financial projections is essential. We look for clear goals, actionable strategies, and evidence of careful planning that reflect the venture’s sustainability and growth potential.

The skills, background, and expertise of the entrepreneur play a crucial role in our evaluation. We seek individuals with the drive, knowledge, and experience needed to successfully execute their vision.

We support businesses that resonate with our foundation’s commitment to empowering individuals and fostering sustainable development. Ventures that align with our values and mission are given priority in the selection process.

Grant Application Timeline

Keep track of these important dates to ensure your application stays on schedule:

Application Deadline:
21 November 2024

All required documents and forms must be submitted by this date to be considered.

Review of applications:
30 November 2024

Our team will conduct a thorough evaluation of all submitted applications, assessing them based on the selection criteria.

Interview of selected persons:
04-06 December 2024

Shortlisted applicants will be invited for interviews to discuss their business ideas and plans in greater detail.

Grant awards announced:
02 January 2025

Successful applicants will be notified, and official announcements will be made on this date.

Grant disbursement:
From 03 January 2025

Funding will start to be distributed to selected grant recipients to support the development of their businesses.

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Contact Information

For additional details, inquiries, or to request an application form, please reach out to us. Our team is ready to assist you with any questions regarding the application process, criteria, or requirements. We look forward to supporting your journey toward impactful entrepreneurship!