Archives Tag: business funding
Debt Vs Equity Finance: Which Is Better For Your Business?
April 19, 2022
If you’re seeking funding for your business, there are multiple sources of finance you can choose from. You may either utilize funds that you have saved up or hunt for external support. If you opt for the latter, you could go for debt or equity financing. Read more about Business Debt financing options include bank … Continue reading Debt Vs Equity Finance: Which Is Better For Your Business?
€40,000 In Business Funding On Offer In The Orange Corners Nigeria Incubation Program
April 19, 2022
Applications are open for the Orange Corners Nigeria Incubation Program. If you intend to run a business or startup and you’re looking for support to scale and strengthen it, here’s a chance to do so. Read more about Opportunities Orange Corners organizes a six-month incubation program for enterprises in Nigeria that helps them with … Continue reading €40,000 In Business Funding On Offer In The Orange Corners Nigeria Incubation Program
How to Bridge Nigeria’s SME Funding Gap
April 19, 2022
A majority of Nigerian SMEs aren’t getting the funding they need to scale. One report from the CBN says that between 2013 and 2017, only 5.3% of small and medium scale businesses in the country had access to bank credit. A staggering 85% of SMEs were unable to receive external funding. Read more about Business … Continue reading How to Bridge Nigeria’s SME Funding Gap
Pacer Ventures Partners Founder Institute, Launches A $3M Fund For Early-Stage African Startups
April 19, 2022
Pacer Ventures today announced a $3M fund for early-stage African startups that are solving some of the most critical problems on the continent. The focus will be on verticals expedient to the African continent including healthcare, financial inclusion, education and agriculture. The United Nations has projected that Africa will have a population of 1.68 … Continue reading Pacer Ventures Partners Founder Institute, Launches A $3M Fund For Early-Stage African Startups
These are the Favorite Business Funding Sources for Nigerians, According to Our Latest Survey
April 19, 2022
Last week, Connect Nigeria undertook a survey of Nigerians to determine what their preferred funding sources were. Our aim was to find out what the current trends are with people who are seeking financial assistance to start up or run their businesses. In specific terms, the questionnaire requested that poll correspondents tell what three funding … Continue reading These are the Favorite Business Funding Sources for Nigerians, According to Our Latest Survey
Here’s How to Access the DBN Loan Facility for Small Businesses
April 19, 2022
Officials at the Development Bank of Nigeria say the institution could be disbursing ₦100 billion to small businesses in the country this year. As such, they’re expecting more loan applications from MSMEs in need of funding to scale their operations. Starting in 2017, the DBN has given out loans exceeding N30 billion to over 35,000 … Continue reading Here’s How to Access the DBN Loan Facility for Small Businesses
Cathay Innovation and Africinvest Are Launching a $168 Million Fund for African Startups
April 19, 2022
Two investor bodies- Tunisia-based Africinvest and venture capital firm Cathay Innovation –are combining forces to build a $168 million fund for startups on the African continent. Their intention to stake new money on the continent’s emerging tech ventures was made public on Wednesday. Africinvest, which has a history of supporting businesses from across Africa’s commercial … Continue reading Cathay Innovation and Africinvest Are Launching a $168 Million Fund for African Startups
Call for Applications: Forbes’ $1M Under 30 Competition
April 19, 2022
Are you an entrepreneur in your 20s? Do you aim to change your world through your enterprise? An amazing funding opportunity has presented itself, courtesy of Forbes. Introducing Forbes’ $1 Million Under 30 Change the World Competition, a contest which has been dubbed the biggest-ever for young social entrepreneurs. According to Forbes, it is being held … Continue reading Call for Applications: Forbes’ $1M Under 30 Competition
By ify
BUSINESS News Philanthropy TECH
Leadpath Nigeria Targets More Techpreneurs with $1.5M Accelerator Fund
April 19, 2022
More techpreneurs are expected to emerge in Nigeria in the next few weeks as a result of a $1.5 million accelerator fund infused into the industry courtesy of Leadpath Nigeria. Leadpath Nigeria was publicly launched on Friday, March 7, 2014. Olumide Soyombo, Leadpath founder, said that the company was established “to power legendary companies in … Continue reading Leadpath Nigeria Targets More Techpreneurs with $1.5M Accelerator Fund
