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The Green Innovation Challenge is an opportunity to get a single-digit financing facility that is up to N20 million for emerging brands, alongside mentorship and networking opportunities with leading industry experts to promote the growth of innovative environmental initiatives.
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To be eligible for the program
- The applying business must have been operational for at least two years.
- The project must be a solution developed by Nigerians for Nigerians in line with the ESG principles and the SDGs.
- The innovation must have a clear plan for scale.
- The applicants for online lending must be registered.
- The applicant must submit a business plan and pitch deck (for business applicants) or a proposal (for social enterprise applicants).
- The applicant must complete the necessary financing documentation.
- Every applicant can only submit one entry. Multiple entries will be disqualified.
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Some of the benefits of the program include
- The program provides up to 2 million naira for agricultural, clean tech, and women-led initiatives aimed at environmental innovation.
- The program connects participants with relevant resources to scale their operations and achieve a lasting impact in line with the ESG principles and SDGs.
- The program offers only 1 billion naira for cleantech projects and up to 20 million naira for agricultural solutions.
- It promotes the development of solutions that are technology-driven enhance productivity and profitability and addresses climate challenges.
- It facilitates networking and mentorship opportunities.
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