Funding Opportunities

Funding Opportunities for Businesses: CBN AGSMEIS Loan

Published by
Farouk Bilesanmi

Funding Opportunities for African Businesses:

  1. CBN AGSMEIS Loan

To support agribusinesses and SMEs , the Federal Government of Nigeria has developed the Agri-Business/Small and Medium Enterprise Investment Scheme. Fields of interest: Agriculture & Agro-allied processing; Art & Entertainment; Automobile Services; Fashion and Dressmaking; Catering & Event Management; Courier & Delivery Services; Creative Industry; Apparels and Textiles; I.C.T 10. Cottage Industry; Media; Publishing; Telecommunications; Hospitality; Health Services; Welding & Fabrication; Animal Husbandry; Cosmetics, Beauty and Makeup Artistry; Electrical and Electronics; POP and Tiling; and Carpentry. Successful applicants will get trained, apply for a loan, receive funds and get business support services to adequate make sales. For more information, visit https://nirsalmfb.caderp.com/account/landingpage

2. Calls for Expressions of Interest: Managing Organization (Hub) for Responsible Artificial Intelligence for Climate Action Innovation Research Network in Africa

Individual organizations or groups of organizations from low and lower-middle income countries in Sub-Saharan Africa with a proven track record in the design, development, and scaling of climate change and artificial Intelligence (AI) Innovations can express interest to host the Climate Action Innovation Network organized by Artificial Intelligence for Development in Africa (AI4D Africa) in collaboration with Climate Change AI. The opportunity will provide funding to an organization or groups of organizations to design and implement an innovation research network of researchers and innovators applying responsible AI techniques to advance climate action in Africa and contribute to a global AI for Climate Action Initiative. For more information, visit https://africa.ai4d.ai/calls/climate-action-hub/. Deadline for application is April 5, 2021

3. The Digital States Program 2021 for Young Nigerians

In order to increase the level to digital literacy in Nigerians youths to enable them cope with the increasingly technological nature of jobs, the National Information Technology Development Agency (NITDA,) Microsoft and Federal Ministry of Communication and Digital Economy have organised a free basic digital literacy workshop. Applications are now open for Gombe, Rivers, Kano and Lagos with a target of 500 youths per state. For more information, visit https://wootlab.ng/foundation/digital-states

Also Read: Funding Opportunities For Businesses: Africa’s Got Style Fashion Design Competition 2021

4. WE EMPOWER UN SDG CHALLENGE

Africa based women entrepreneurs whose businesses generate at least $100,000 annually can participate in the WE EMPOWER UN SDG CHALLENGE. The programme acknowledges and elevates the valuable contribution their innovative work can make toward the SDGs and solving the world’s greatest challenges by providing awardees with capacity- building training sessions and opportunities to connect with an unparelleled global network to advance their enterprises. Awardees will also have the opportunity to receive a $20,000 grant. For enquiry about the application process, send email to info@weempowerchallenge.org with the subject line: 2021 WE Empower UN SDG Challenge Application. For more information, visit https://sustainability-innovation.asu.edu/we-empower/. Deadline for application is April 15, 2021

5. Africa’s Got Style Fashion Design Competition 2021 (Funded)

Fashion designers, illustrators and enthusiasts based in Africa can apply for a freestyle online fashion design contest called Africa’s Got Style Fashion Design Competition 2021. The initiative is meant to support designers who can combine African textiles and styles to make innovative wears.

A maximum of 108 contestants will participate and 5 of them will emerge winners with the first, second and third winning prizes of $1000, $500 and $300 respectively together with sponsorship, endorsement and equipment empowerment.
To apply visit, https://forms.gle/MTdANmzJPLy5EstaA. Deadline for application is May 17, 2021

Also Read: Funding Opportunities for Businesses: UnionX Innovation Challenge

6. THET Small Grants for UK Partnerships For Health Systems (UKPHS)

Tropical Health and Education Trust (THET) is welcoming grant application from new and established partnerships in any low and lower middle income country in Sub-Saharan Africa and Southeast Asia that are addressing one or several of the following themes: innovation; gender equality and/or social inclusion; climate change; blended and remote learning. Health start-ups looking for partnerships or having the intention to formalize existing ones can visit http://www.thet.org/get-involved/support-for-health-partnerships/. Grants of up to £50,000 are available. All funded projects are expected to last from 12 to 18 months. For access to all application documents, visit https://www.thet.org/ukphs/ukphs-small-grants-wave-1/. Deadline for application is May 12, 2021.

7. TEF Entrepreneurship Programme 2021 for African Entrepreneurs

New and young businesses in Africa can apply for the Tony Elumelu Foundation Programme (TEF 2021). This year’s programme will help the recovery of SMEs and young Africans entrepreneurs affected by the COVID-19 pandemic. The benefits of participating are world-class business training, non-refundable seed capital of up to $5,000, Global networking opportunities and mentorship. To apply, visit https://www.tefconnect.com/. Deadline for application is March 31, 2021

Farouk Bilesanmi

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