In a bid to foster entrepreneurship and drive sustainable solutions, the Dutch initiative known as Orange Corners is extending its support to young entrepreneurs across Africa and the Middle East. This transformative program is designed to provide training, coaching, financial assistance, and networking opportunities to nurture the ventures of budding entrepreneurs.
The primary objective of Orange Corners is to enhance the entrepreneurial landscape by capitalizing on local expertise. It prioritizes entrepreneurs who are dedicated to innovating sustainable solutions that address local challenges, aligning with the United Nations Sustainable Development Goals (SDGs). The initiative aims to foster sustainable business growth by providing access to networks and ongoing support.
The program employs a combination of in-person and virtual delivery methods, ensuring that participants acquire essential entrepreneurial knowledge, tools, and resources necessary for transitioning from concept to business reality. Orange Corners collaborates with various stakeholders, including local enterprises, Dutch entities, international businesses, universities, governments, and other organizations.
Eligibility Criteria:
Prospective entrepreneurs from Lagos, Nigeria, aged 18-35, with validated innovative business concepts less than two years old, addressing local challenges and aligning with SDGs.
Selection Criteria:
Participants will be chosen based on innovativeness, feasibility, social impact, clarity of the market, sustainability, scalability of the business idea, and the competence of the entrepreneur or team.
Program Benefits:
The Orange Corners program not only imparts foundational entrepreneurial knowledge but also provides crucial networks and support for sustainable business growth. Key benefits include Enterprise Management Training, Business Incubation & Advisory Services, and funding for prototype development and testing.
Application Process:
Interested individuals can submit their applications through the provided link. The selection process involves evaluating the performance of semi-finalists during a two-day boot camp, after which a jury will decide the participants for the six-month incubation program.
Application Deadline: February 18, 2024.
Orange Corners seeks to empower a new generation of entrepreneurs, equipping them with the skills and resources needed to turn innovative ideas into thriving businesses. The initiative envisions a future where sustainable business practices contribute positively to local communities and global development.
Credit: NairaMetrics