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Funding Opportunities for African Businesses

Funding opportunities for African businesses

 

1. The Challenge Fund for Youth Employment (CYFE) for Call for Solutions in Nigeria.

CFYE  aims to co-invest in innovative, private sector-led partnerships that aim to address the youth unemployment challenge by creating, matching, and improving jobs for youth, especially women.

CFYE’s second Call for Solutions in Nigeria will focus on expanding on the work currently being done by existing partners in the country by supporting scalable private sector led initiatives that can create employment opportunities for youth, particularly those in rural areas with lower levels of education and women. In particular, we are seeking:

Eligibility Requirements

The following eligibility criteria will apply:

  1. Principles: Should be able to adhere to CFYE’s guiding principles & priorities.
  2. Exclusion Criteria: The project and organizations involved in delivering the project must pass the FMO exclusion criteria.
  3. Applicant Eligibility:
  1. Local Presence: The lead organization or at least one of the consortium partners, has a local operating presence in the country.
  2. Job Type: Jobs may focus on waged employment, dependent self-employment or self-employment. The jobs created, matched or improved must be for youth aged 18-35 years. The proposal must demonstrate that the aspirations and requirements of youth have been taken into consideration in the design of the concept.
  3. Decency of Jobs: For jobs to qualify as “decent”, basic requirements include an average monthly income of the minimum wage requirement of N30,000/ month. Jobs should be maintained for at least 6 months and should be in compliance with the labour laws of Nigeria.
  4. Total Targets:

Projects need to be focused on either tech-enabled jobs or jobs for women.

  1. Women Targets: Of the total youth employment created, matched, or improved;

Window 1: at least a third (33.3%) should be for women. However, larger beneficiary targets will be regarded favorably.

Window 2: 100% should be for women

  1. Leverage & CFYE Contribution: The applicant’s co-investment must be at least equal to the contribution requested by CFYE. The minimum CFYE co-investment is € 200.000. Sources of co-funding have to be approved based on the guidance provided​​.

Timeline:

CFYE is calling for innovative and demand-driven projects from either private sector organizations or private sector-led consortia that will maximize employment opportunities for youth (especially women) under two thematic windows.

Application Deadline:  7 November 2022.

For More Information: https://www.opportunitiesforafricans.com/the-challenge-fund-for-youth-employment-cyfe-for-call-for-solutions-in-nigeria-%ef%bf%bc/ 

  1. SAIS Investment Readiness Programme 2023 in Africa

Are you running a tech start-up and want to challenge the status quo of the agriculture and food tech industry? Do you have a solution that makes the industry more sustainable and profitable while at the same time empowering value chain actors? Do you want support to learn how to raise investment, reach more customers, and have a more significant impact? Then this unique (and free!) acceleration programme is for you!

The Investment Readiness Programme (IRP) is part of the GIZ project ‘Scaling Digital Agriculture Innovations through Start-up’” (SAIS). SAIS is a project implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ). It is co-funded by Bayer Cares Foundation and the Bill and Melinda Gates Foundation. Our overall goal at SAIS is to increase incomes in the African agri-food sector through scaling proven digital innovations in the AgTech, FoodTech and livestock industry.

What do they offer?

The SAIS Investment Readiness Programme (IRP) offers African tech start-ups from the agriculture, food, and livestock sectors a year-long tailor-made support program to make you investor ready and scale up your business! (Available in English and French).

Regular sessions of personalized coaching with local and international experts

Access to online training  (tailored)

Integrating you into a local hub (optional)

Access to additional services

Access to the GIZ network

Add-on: Programme for Female Leaders

GIZ’s Female Leader Circle meets with the aim of bringing women in leadership positions

Benefits

Weekly advisory and coaching sessions

Additional services

Hub integration

Access to GIZ-SAIS network

Extended services

Eligibility Criteria

To be eligible for the SAIS Investment Readiness Programme, you must meet the following conditions:

Legal form

Team (founders)

Digital product/service

Market access and traction You must have launched your digital product at least six months before the application period.Your start-up has to provide evidence of traction (customer base, first revenue).

 Business model

Add-ons (But not musts)

 

For more information, visit; https://www2.fundsforngos.org/education/sais-investment-readiness-programme-2023-in-africa/ 

  1. Cross-Border Digital Entrepreneurship Program 2022 for Nigerian Entrepreneurs

The Cross-border digital entrepreneurship program amongst others, seeks to promote integrated development between Nigeria and Countries where partners are. Being a go-to organization in the innovation and entrepreneurship space, the main objective of the 8-week CBDEP is to support the economic and social development of Nigeria and partner countries through the development of talents, entrepreneurs, and home-grown innovative solutions.

The cross border digital entrepreneurship program, an initiative of Opolo global and Scale Camp Canada seeks to promote integrated development between Nigeria and countries where partners are. The program seeks to address the knowledge and skills gap in building sustainable businesses by Nigerian innovators and ideators.

The program is a 3 phase program consisting:

Join a diverse cohort of innovators in the Pilot program starting on October 25th, 2022.

Duration: October 25th – December 13th , 2022.

Benefits

Participants will be admitted as an Opolo Fellow and will have access to coaching, mentorship, masterminds, and access to the Opolo’s Community Platform.

Application Deadline: October 18, 2022

 For More Information:

https://docs.google.com/forms/d/e/1FAIpQLSfM7kGxo3wtU0MpmYr2dBl1a_fL3vhilMOHJL3EEF410ljQ7g/viewform

  1. Academy for Women Entrepreneurs for Nigerian Northern Women Entrepreneurs.

The Association of Northern Women Entrepreneurs with support from the Embassy of the United States of America, Abuja launches the Academy for Women Entrepreneur (AWE) in Sokoto and Kebbi States.

The Academy for Women Entrepreneurs (AWE)  gives enterprising women the knowledge, networks and access they need to launch and scale successful businesses.

By promoting women’s economic opportunities and ensuring that women have the capabilities and resources needed to participate in the economy, the AWE program directly supports the U.S. National Strategy on Gender Equity and Equality.

Timeline

October 6 to February 6, 2023

For More Information: https://docs.google.com/forms/d/e/1FAIpQLSdy5QiRbkwvaPgrxumL7ehz2tkk4F2sgr9BtSnf7bufP4QK5Q/viewform

  1. GAIN announces Call for Proposals in Nigeria

The Global Alliance for Improved Nutrition (GAIN) is seeking Proposals for Raw Materials Quality, Handling Finished Product Packaging and Storage Material Specification to Meet Quality and Regulatory Standards in Nigeria.

The purpose of this RFP is to engage services of a Service Provider to conduct targeted training(s) for processors and businesses on raw materials quality, manufacturing process, handling, material balance, finished product packaging and storage material specification to meet quality and regulatory standards with a specific focus on women-led businesses functioning in four (4) selected Local Government Areas (LGAs) in each of the four selected states of Kaduna, Benue, Nasarawa and Oyo in the Vitamin A Cassava, Vitamin A Maize, Rice and Orange-Fleshed Sweet Potato value chains. This activity is part of the targeted intervention to support and strengthen the efficiency of supply chain actors operating in selected priority value chains.

The Strengthening Nutrition in Priority Staples project is currently implemented by The Global Alliance for Improved Nutrition in partnership with GIZ and the Green Innovation Centre for the Agricultural and Food Sector in Nigeria (GIC), with support from the German Government through the Federal Ministry for Economic Cooperation and Development (BMZ). The Strengthening nutrition project will strengthen the GIC priority value chains and improve food security and safety through improved diets for farmers, farm workers, other workers in businesses in these value chains, and among the wider population in Nigeria.

Objectives

The main objective is to engage a service provider to conduct targeted training of food processors, aggregators, and distributors on raw materials quality, manufacturing process, handling, material balance, finished product packaging and storage material specification to meet quality and regulatory standards. This training is for processors and distributors operating in the Vitamin A Cassava, Vitamin A Maize, Rice and Orange-Fleshed Sweet Potato value chains in Kaduna, Nasarawa, Benue and Oyo States.

The specific objectives are:

 Scope

The successful applicant shall present the following services:

Approaches

This will be carried out using three interlinked approaches:

Criteria

Qualification

Evaluation Criteria

Understanding of the scope of work:

Proposal shall demonstrate a clear understanding of the project objective and deliverables.

Demonstrate a clear understanding of the technical requirements of this RFP:

For more information,  visit; https://www2.fundsforngos.org/agriculture-food-nutrition/gain-announces-call-for-proposals-in-nigeria/

  1. 2023 Hult Prize Challenge on Redesigning Fashion (US$1 Million in Seed Capital)

The 2023 Hult Prize Challenge is now open for applications to create a for-profit social venture in the fashion/clothing industry. Every year, one team receives $1M USD in funding to make their idea a reality.

Today’s fashion industry is huge. It’s the world’s third-largest manufacturing sector, contributing $2.4 trillion to the global economy. Over 150 billion articles of clothing are produced each year. Fashion employs 300 million people across its value chain*—a sixth of the world’s workforce.

The fashion industry is responsible for up to 8% of the world’s greenhouse gas emissions—more than all international flights and maritime shipping combined. It consumes 215 trillion liters of water a year and accounts for 9% of the microplastics found in our oceans. For the majority of workers, conditions are dangerous and exploitative. Compensation is often below a livable wage, especially for women who comprise 80% of the workforce.

The industry must change. If not, the United Nations has little hope of meeting its Sustainable Development Goals by the 2030 deadline. It’s time to rethink every stage of the fashion industry’s ecosystem, from how we source textiles and manufacture garments to how we buy them and dispose of them.

Application Procedure:

Competition Details

You’ll need to make it through three qualifying rounds to compete at the Finals in Paris for the $1million prize.

Application Deadline: October 31, 2022

For More Information: https://www.hultprize.org/2023-hult-prize-challenge/

 

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