The Joseph Ogungbemi Foundation (JOF) is proud to announce the 2025 edition of its Business Grant Initiative.
This program is specifically designed to provide crucial financial backing and support to ambitious Nigerian entrepreneurs and small business owners who are ready to take their ventures to the next level.
Benefits
- Successful applicants will receive a comprehensive package of support.
- Significant Non-Repayable Funding: A business grant of up to to fuel expansion and operational growth.
- Business Growth Support: Financial resources specifically designated for improving infrastructure and purchasing new equipment.
- Increased Visibility: Recognition and exposure for your business through JOF’s network and media channels.Networking Opportunities: Access to potential mentorship and resources from the JOF entrepreneurial community.
- Sustainable Impact: The opportunity to directly contribute to community development and job creation through your business’s success.
Eligibility
- Nationality: Be a Nigerian citizen or legal resident operating a business in Nigeria.
- Business Stage: Own a startup (with a minimum viable product) or an existing Small to Medium-sized Enterprise (SME) that demonstrates clear potential for growth and profitability.
- Commitment to Growth: Clearly articulate a strategic plan demonstrating how the grant funds will be utilized to achieve significant growth, scale operations, or improve community impact.
- Financial Integrity: Be committed to using 100% of the funds exclusively for pre-approved, business-related purposes.
- Business Documentation (Recommended): Have necessary business registration or operational permits (e.g., CAC registration) in place or be in the active process of obtaining them
