March8th Initiative MSME Grant Programme 2021 for Small Business

The March8th Initiative MSME Grant Programme 2021 for Small Business

Do you want to receive a grant from the programme organized by March 8th? The programme is an March8th initiative organized to inspire and promote communal, entrepreneurial and public-spirited efforts within Nigeria.

You have time to apply from 8th March to 14th March to participate in it. Applicants can apply through the portal www.march8th.ng.

If you do not know about this program, then read this page in its entirety to know.

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March8th Initiative MSME Grant Programme 2021 for Small Business

What is the March 8th Initiative Programme 2021

The March 8th Initiative is organised to inspire and promote communal, entrepreneurial and public-spirited endeavours within Nigeria in honour of the birthday of His Excellency, Prof. Yemi Osinbajo, SAN, GCON. Last year, 100 young entrepreneurs received business-defining grants that helped grow and advance enterprise.

This year, the March 8th Initiative is expanding in terms of reach and scope. First, the Entrepreneurship Programme has been re-organised into 4 categories providing more opportunities for young Nigerians between 18 and 35 years old.

In addition, the March 8th Initiative recognises health workers nationwide who, in an extremely difficult time, continue to exhibit compassion, diligence, hard work and professionalism in carrying out their duties. Individuals are requested to nominate any health worker who has shown these qualities under a Health Grant Reward Category that acknowledges their invaluable service to our communities.

March8th Initiative MSME Grant Programme 2021 for Small Business

Call for March 8th Entrepreneurship Programme 2021

Small MSME owners are invited to apply across four different categories:

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1. Category 1- My Big Idea Business Challenge | Grant Sum- N100, 000

Do you have a small business that can use some injections to increase your inventory, or have an idea that solves an issue that is troubling in your area? We look forward to reviewing your idea-entry under Category 1 of the 2021 March 8th Entrepreneurship Program 2020. Your entry should be in the form of an elevator pitch on the video that tells you what you are, what you do, what problem you are trying to solve, and how to resolve the problem with the grant if you are successful will solve. This video must not exceed 60 seconds.

Entry Criteria

Start with your full name and location. You send your video via WhatsApp to 08095798693, and then upload your video to Facebook, Twitter or Instagram and use the hashtag #FriendsOfProf, and tag @ march8thng. Due to the social change dimension of the challenge, applicants are required to post their video entries on social media.

2. Category 2- My Business Support Challenge | Grant Sum- N 250,000

Are you looking for a small business to expand your current stock, hire employees or acquire basic equipment that will increase profitability and operational efficiencies so that you can climb to the next level of growth? If so, convince us by sending in an abusive business plan over 500 words outlining your thoughts, needs and aspirations.

Entry Criteria

The business must be registered and have been in existence for at least 1 year. Submit a one-page proposal that does not exceed 500 words describing your business and how N250, 000 will help it grow.

3. My Catalyst Support Challenge | N500,000

Do you want to expand your current scope to an existing small business product-wise or geographically? Submit a business plan to share your expansion and funding plans in more than 750 words.

Entry Criteria

The business must be registered and have been in existence for at least 2 years. Submit a proposal that does not exceed 800 words describing your existing business and the new products or services you offer and how you will apply the funds if successful.

4. My Bold Innovation Challenge

The business must be registered and have been in existence for at least 2 years. Are you a young entrepreneur with an innovative idea that provides a solution to a common need or promotes sustainability? Do you think have the potential to contribute positively to people, places and benefits? If so, convince us by sending a competitive business plan in more than 1,000 words based on your ideas and justification for pitching.

Entry Criteria

Write a proposal on how N1 million over 1,000 words will help your business pursue your innovative idea.

General terms and conditions (applicable to all categories). Entrants must:

Reside in Nigeria.

Be aged between 18 to 35 years.

Be a registered Nigerian business.

Only apply to one category. Applying to more than one will lead to disqualification.

All entries except those for My Big Idea Business Challenge must be submitted at www.march8th.ng.

Submit according to the category you are applying for.

March8th Initiative MSME Grant Programme 2021 for Small Business

Health Grant Reward Category | ₦1,000,000

Enroll a health professional or worker (nurse, doctor, attendant, etc.) in your state who has demonstrated compassion, care, professionalism, and diligence during the past year. Your nomination should be filled out on the march8th.ng portal which provides information about your nomination and the reason for your nomination.

Entries open at 12.00 am on Monday, the 8th of March, 2021 and close at 11:59pm on Sunday, the 14th of March, 2021.

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