Application closes in
Programme Description
FATE Foundation in partnership with Youth Business International (YBI), is excited to announce the launch of the Revolving Fund Programme for nano and micro enterprises. This programme is a part of the Futuremakers global youth economic empowerment initiative, funded by the Standard Chartered Foundation.
Â
Programme Objective: The Revolving Fund Programme aims to address the financial challenges faced by small-scale businesses by offering low-interest loans, complemented by comprehensive financial literacy and management training. This approach not only provides entrepreneurs with the capital needed for business growth but also equips them with the necessary skills to manage and sustain their businesses effectively. and address the critical challenges that hinder the growth of small-scale enterprises.
- Financial Capacity Training
- Debt Loan Financing
- Business Development & Advisory Support
- Digital tools and Financial Empowerment
- Funding (Low Interest Loan of $500 to $10,000)
This programme is a unique opportunity for nano and micro business owners in Lagos State to enhance their financial skills, secure the funding necessary for growth, and connect with a network of like-minded entrepreneurs.
Interested participants should meet the following criteria:
- Must be in a business owner in Lagos State
- Must be between ages 18-35 years
- Must be a Nano or Micro Business Enterprise
- Business must be registered with CAC
- Must be an alumnus of Futuremakers Programme/FATE Foundation
- Must be running a profitable business for at least 3 years
Applications are open from 5th September 2024 to 19th September 2024.
Â
For more information and to apply, please visitÂ
The Revolving Fund programme combines a mix of interactive enterprise training, advisory and business support services and financing to enable each participant to grow and expand their product/service.
Â
Capacity Building Training
Financial Management
Sourcing Finance for Your Business
Developing a Business Plan
Developing a Business Growth Plan
Investment Readiness
Financial Sustainability Plan
Greening Your Business
Introduction to Design Thinking
Assumption Mapper Tool
Value Proposition Canvas
Financial Intelligence for startups
Access to finance tool
Developing Growth Strategies
Goalsetting
Credit History Building and Maintenance
Financial Planning and Budgeting
Problem Tree
Bank/Financial Institution Relationship management
Business Communications & Presentation for Pitching
Fireside Chat
Accessing Finance and Theory of Change Toolkits
Business Growth Advisory (accounting, legal, tax, HR, marketing, digital)
Programme Features
Enquiry?
If you have any questions related to our programmes or application procedures, we are here to help you.
Email: [email protected]
Phone Number: 081- 333-333-33
