4 Major Reasons Why People Don’t Win the $5000 Grant of Tony Elumelu.

4 Major Reasons Why People Don’t Win the $5000 Grant of Tony Elumelu.

  1. No Unique story: If you have good idea and no good story of leadership, competence, emotional logic to back up the idea or business, you will not be selected.

 

  1. No Unique Value proposition: If you are doing what every other person is doing in your industry and you are not bringing any new way of doing the business. You will not be selected. Your idea must be feasible and scalable. Infusing technology into your idea or business makes it attractive to them. E.g Website, mobile app or any technology that can drive your processes.

 

 

  1. Unrealistic Financials: If you cannot articulate in accurate figures what you are selling, how you are going to make money and all the cost associated with it and the profit behind it.  You are not going to be selected. 

 

  1. No/low Impact:  This is very important in this Grant, your business must have direct and indirect impact. You stand a better chance if you are going to impact 100s, 1000s or millions of people with your idea/business. 

 

E.g We at Dayo Adetiloye Business Hub pitch like this, 

If you give us this $5000 at our hub, we are going to impact 10,000 SMEs and startup by connecting them with Knowledge, opportunities and resources  to start, grow and expand their business in the 1st year of operation. 

And, that is what we are doing now by sending you this email. 

You see the reason why they have picked my organization to win the grant. 

Please, your impact must be realistic. It is professionals that will mark your work. They know what is possible and what is not possible.

 

NOTE: You Must Pass all these 4 criteria to Win the Grant. 

 

What You must NOT do as you apply in 2019

  1. Don’t submit the same application you submitted last year, the computer will screen you out. If you are working on the same idea, you must re-write everything in different tone of language.

 

  1. Get other people to review your work

 

  1. Encourage more Ladies to participate, don’t do it alone. Do for your wife, sister, aunty etc.

 

The website of the organization giving the $5000 Grant 

www.tonyelumelufoundation.org

 

Who is Eligible to Apply? 

Anybody above 18years old from any of the 54 African countries. 

They don’t have upper age limit if you are 40,50 or 60years. You can Apply. 

 

Our Passion

We will like to work with any interested persons from any of these 54 African countries. 

 

If you need more clarification from all the things I have explained above 

You can reply this email or call / WhatsApp me on any of the following numbers

+2348076359735

+2348105636015

Or send me an email to: dayohub@gmail.com

 

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Dayo Adetiloye Business Hub is a grassroot business development service provider with a 6 year of track record of excellent service delivery for local and international clients.

As a leading business development service provider in Nigeria, Dayo Adetiloye Business Hub has been recognized and certified by Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in Conjunction with Enterprise Development Centre (EDC), Pan-Atlantic University (PAU) of the Lagos Business School (LBS).

Our solutions are designed for MSMEs and are supported by deep insight into various industries and extensive experience acquired from over the years by supporting our clients as partners in their business transformation.

Through our services and business activities, we help individuals/entrepreneurs transform their business ideas into a business venture, and support existing business to scale or expand their operation. We also connect startups and MSMEs with opportunities and resources for their business growth.

We have Consulted for more than 5000 MSMEs in the last 6 years in various industry including Agro-processing, Consulting, Training and Education, Financial Services, Waste Management, Renewable Energy, Oil and Gas, Construction, Real Estate, FMCG, Digital Marketing, Personal Branding etc.

Our Vision:
To become the leading grassroot business Hub that provides Business
Development Services in the global online community

Mission Statement:
– Provide bespoke management and business planning consultancy
– To connect MSMEs with opportunities and resources for their business startup, growth and expansion through trainings, seminars, coaching, consulting, mentoring, and Angel investing.
– To inspire, empower and champion entrepreneurship in the global online community.

Business Goals and Objective

– Engender national prosperity by contributing to the creation of at least 100 new businesses every year
– Become a go-to brand for outstanding business development services for MSMEs
– Strategic partnership with local and international organization to empower start-ups
– Continuous innovation to serve our clients better

Core Values:
Integrity
Opportunity Maximization
Digitalization
Personal Development (Capacity Building)
Excellent Customer Satisfaction
Timeliness

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