Call for Applications: Nigeria Impact Startup Relief Facility offering $5,000 to $20,000 grants

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Application closes on the 7th of September 2020

Nigeria Impact Startup Relief Facility (NISRF) is an emergency facility designed by a consortium of funding partners to disburse grants to a significant number of existing post-MVP stage high-growth startups who create impact so they remain viable during the COVID-19 crisis. NISRF is designed to support grant applicants whose businesses/activities are either being adversely affected by or modified in response to COVID-19.

Eligibility Criteria:

1.Be a company operating in Nigeria

2.The company is tackling an urgent social problem

3.The company is post-MVP, revenue-generating, registered with CAC

4.Can demonstrate solid financial health prior to the onset of COVID-19 (USD $60K ARR – 12 months period minimum)

5.The company has already received seed capital

6.Can demonstrate the scale of impact, or potential for future scale

7.Fall in any of these sectors: Agriculture, Critical Infrastructure, Financial Services, Health Care, Education, and with initiatives that target the informal sector.

8.How well you have optimised resources during COVID

If your startup falls in any of these sectors, then you’re eligible to apply – Agriculture, Critical Infrastructure, Financial Services, Health Care, Education, and with initiatives that target the informal sector.

The Nigeria Impact Startup Relief Facility (NISRF) is expected to last over a period of six months.

Benefits:

Grant: Business equity-free funding between $5,000 to $20,000

Business Advisory: Get access to a pool of mentors and business experts

Business Continuity: Here’s your chance to continue to create impact and stay afloat.

More details HERE

Apply HERE

 

 

 

 

 

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