The Orange Corners Incubation Program is a 6-month incubation program that serves as a bridge between these innovative entrepreneurs and the private sector.
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This offers a great benefit to all partners involved. Orange Corners is an initiative of the Kingdom of the Netherlands in collaboration with a local service provider.
Their ambition is to develop and strengthen the entrepreneurship ecosystem in Nigeria. This ecosystem should enable youth to develop their business concept and become successful entrepreneurs, by providing them with the necessary opportunities, skills and access to markets.
Several other scholarships are available in the United States, Germany, United Kingdom and Canada that offers full scholarships and monthly allowances. Here are some suggestions you should check out;
- The 2022 University of Michigan-Dearborn Undergraduate Scholarship in USA | offers Full Scholarships and $10,000 annual stipend.
- The 2022 DAAD Friedrich Ebert Foundation Scholarship to study in Germany | offers Full Scholarships and €12,444 annual stipends
- 2022 University of Maine Scholarships to study in USA | offers Full Scholarships and $23,000 annual stipends
- Host: Orange Corner
- Category: Training | Fellowships
- Eligible Country: Nigeria
- Reward: Full Sponsorship
- Deadline: October 10, 2022
- Scholarship Alerts: To receive Scholarship Alerts on WhatsApp, Click HERE
Details:
This programme will not only provide the foundational entrepreneurial knowledge, tools and resources needed to transform an idea into a business but will also make available the networks and support needed for sustainable growth of the business.
There is a variety of benefits the program will offer you of which the most important ones are:
- Enterprise Management Training
- Business Incubation & Advisory Services
- Funding for prototype development & testing
- There are no participation fees for the programme. The programme is funded by scholarships by the government of the Kingdom of the Netherlands and their private partners.
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Scholarship Requirements:
To be considered for the training, you must:
- Be an aspiring entrepreneur from Lagos, Nigeria.
- Be between 18-35 years old.
- Have a validated innovative business concept, not more than <2 years old.
- The product or service responds to a local challenge in Nigeria.
- The product or service relates to the Sustainable Development Goals.
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Selection Criteria
Budding entrepreneurs will be selected based on the:
- Innovativeness
- Feasibility
- Social Impact
- Clarity of Market
- Sustainability & Scalability of the business idea
- Competence of the entrepreneur/team
Method of Application
Interested and qualified applicants should apply using the link below. The procedures are as follows;
- Online application: Fill in all required fields and submit. Make sure to check your inbox regularly to see if you are one of the 50 selected semi-finalists.
- Bootcamp:Â The 50 semi-finalists will be invited to participate in a compulsory two-day-long bootcamp in which a jury decides who are best placed to join the incubation programme.
- Selection:Â Selection will be conducted according to the performance during the bootcamp. At the end of the bootcamp, 20 young entrepreneurs will be selected to participate for six months.
Deadline: October 10, 2022
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