Posted By: McBrandon Business Consulting
Yesterday, we started the first part of our publication on 7 Funding Sources for Nigerian Entrepreneurs in 2017. We hope you would find one or more of the sources suitable enough to meet your specific need. See the second part below:
3. GroFin FUND
GroFin, a development financier, has committed over $500 million to funding Nigerian micro, small and medium business (MSMEs) across the country.
Yesterday, we started the first part of our publication on 7 Funding Sources for Nigerian Entrepreneurs in 2017. We hope you would find one or more of the sources suitable enough to meet your specific need. See the second part below:
3. GroFin FUND
GroFin, a development financier, has committed over $500 million to funding Nigerian micro, small and medium business (MSMEs) across the country.
The firm has five different types of fund: the Aspire Nigeria Fund, the Growth Africa Fund, the Small Growing Business Fund, the Aspire Small Business Fund and the Aspire Growth Fund.
The Aspire Nigeria Fund, the Growth Africa Fund and the Small Growing Business Fund cater for all parts of Nigeria except the Niger Delta.
The Aspire Small Business Fund provides a minimum of $100,000 and a maximum of $1.5 million to SMEs in Nigeria.
The Aspire Small Business Fund and the Aspire Growth Fund cater for the Niger Delta.
The Aspire Small Business Fund provides between $10,000 and $100,000 to small business owners in the oil-rich region, while the Aspire Growth Fund frees between $100,000 and $3 million to businesses to stimulate growth in the area. GroFin provides its funds mostly for a maximum of six years.
4. SHELL LiveWire
The Shell Petroleum Development Company of Nigeria Limited has a number of funds for young entrepreneurs, including women.
Through the programme , Shell provides support, access to training, guidance, and business mentorship to young entrepreneurs and potential entrepreneurs between the ages of 18 and 35.
The programme operates mainly in the Niger Delta region and aims to inspire, encourage and support young people to start up their own businesses through the provision of finance and training for young entrepreneurs, according to Shell.
We shall continue the third and concluding part tomorrow. Thank you for your time.
You can write a bankable Feasibility Report/Study on your business with us. Talk to us about it at: mcbrandonbc@gmail.com or call us on: +234 905 937 1424.
If you are interested in owning a consulting business in digital advertising that can generate regular flow of income for you, join our first batch of trainees HERE:
The Aspire Nigeria Fund, the Growth Africa Fund and the Small Growing Business Fund cater for all parts of Nigeria except the Niger Delta.
The Aspire Small Business Fund provides a minimum of $100,000 and a maximum of $1.5 million to SMEs in Nigeria.
The Aspire Small Business Fund and the Aspire Growth Fund cater for the Niger Delta.
The Aspire Small Business Fund provides between $10,000 and $100,000 to small business owners in the oil-rich region, while the Aspire Growth Fund frees between $100,000 and $3 million to businesses to stimulate growth in the area. GroFin provides its funds mostly for a maximum of six years.
4. SHELL LiveWire
The Shell Petroleum Development Company of Nigeria Limited has a number of funds for young entrepreneurs, including women.
Through the programme , Shell provides support, access to training, guidance, and business mentorship to young entrepreneurs and potential entrepreneurs between the ages of 18 and 35.
The programme operates mainly in the Niger Delta region and aims to inspire, encourage and support young people to start up their own businesses through the provision of finance and training for young entrepreneurs, according to Shell.
We shall continue the third and concluding part tomorrow. Thank you for your time.
You can write a bankable Feasibility Report/Study on your business with us. Talk to us about it at: mcbrandonbc@gmail.com or call us on: +234 905 937 1424.
If you are interested in owning a consulting business in digital advertising that can generate regular flow of income for you, join our first batch of trainees HERE:
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