Launched by FATE Foundation, the Business Recovery Programme is organised to support young Nigerian entrepreneurs who have been economically affected by the covid-19 pandemic.

The virtual programme is funded by the Standard Chartered Foundation, and is a part of futuremakers by Standard Chartered, a global initiative with a goal to tackle inequality.

Also, the programme seeks to support 2,000 young entrepreneurs, including micro, small and medium enterprise (MSME) businesses believed to have a crucial role in economic recoveries after the pandemic. Diverse range of young entrepreneurs will get the opportunity to contribute towards a richer, more varied and more resilient economy for everyone.

Through her Growth Support Services unit, FATE Foundation has supported over 400 entrepreneurs in applying for programmes such as the CBN AGSMEIS and the CBN Economic Stimulus loan plan.

Benefits

A holistic package of support including:

  • Digital transformation workshop
  • Resilience building series 
  • Remote consulting and advisory services

The resilience building workshop involves remote learning and virtual capacity building programmes where entrepreneurs will be taught the strategies to navigate through the crisis while evolving businesses, as they identify new opportunities along the way.

The Digital Transformation Workshop will provide digital strategies, knowledge, skills, and tools for entrepreneurs to manage their businesses.

The Consulting Clinic is a personalised business advisory session which has been run over the years. The clinic focuses on major business areas such as tax, digital marketing, accounting/cash flow management/finance, HR, legal matters, among others. 

Eligibility

  • Young entrepreneurs between the ages of 18 to 35
  • Female entrepreneurs 
  • Micro-entrepreneurs as defined by the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN); businesses with less than 10 employees and are valued at less than ₦5 million

How to apply

Are you a young Nigeria entrepreneur with a zeal to build business and entrepreneurial resilience? Apply for the FATE Foundation Business Recovery Programme while application is still ongoing.


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