Funding Opportunities

Fate Foundation Business Recovery Programme for entrepreneurial resilience

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.


Got a story worth telling? Shoot us an email with SUBJECT — “Story Worth Telling” — to info@smepeaks.com.

Joan Aimuengheuwa

A reliable and self motivated researcher and content writer at smepeaks. I strive at exceeding expectations, goals and completing tasks efficiently.

Disqus Comments Loading...

Recent Posts

AYuTe Africa Challenge returns with $1.5M in funding for agritech startups revolutionising smallholder farming

Smallholder farmers in Africa produce over 60% of the continent’s food but continue to struggle…

2 days ago

Visa-backed Inclusive Action Awards offers $50K grant to impact startups supporting women

Looking for a way to drive social change and inclusivity forward as an entrepreneur? The…

3 days ago

EdTech and WorkTech founders: Halcyon EquityTech Fellowship 2025 wants you

The Halcyon EquityTech Fellowship 2025 is now accepting applications from entrepreneurs across the globe. This…

4 days ago

Antler launches in Nigeria with a $100K offer to empower early-stage startups

Antler launches in Nigeria with benefits for all early-stage entrepreneurs. Antler, a global early-stage venture…

4 days ago

Raising funds in Nigeria? Here’s how to beat the odds and navigate the fundraising maze in 2025

This article builds on a 2020 piece, refreshed and expanded for 2025 by the smepeaks…

5 days ago

UNICEF Venture Fund opens $100K+ round for innovators tackling children’s challenges

In a move to empower early-stage startups leveraging frontier technologies for social good, the UNICEF…

5 days ago