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Apply for GEMS4 £3.5 Million Grant for Your Business In Nigeria

Dayo Adetiloye Business Hub

Apply for GEMS4 £3.5 Million Grant for Your Business In Nigeria

GEMS4 (2)

The GEMS4 Enterprise Challenge Fund is a £3.5 Million private sector development matching grant fund

Growth and Employment in States – Wholesale and Retail Sector (GEMS4) is a market development project in Nigeria funded by DFID/UKaid and the World Bank.

EMS4 has been in implementation since 2012 and will be in operation until July 2017. The project is implemented in Lagos, Kano, Kaduna and Cross River states, though initiatives are extended to other states where impact can be maximised.

The objective of the Fund is to catalyse private sector investment in innovative, commercially viable, and inclusive business models that result in improved performance of the Wholesale and Retail sector, jobs and improved income opportunities for poor men and women engaged in the sector.

By improving private sector perceptions of the associated costs and benefits of innovating and adopting pro-poor models, it will encourage replication.

GEMS4 in Nigeria

It is intended that the impact of funding given to an individual project will be multiplied by the resulting and recurring changes to perceptions and practices in the Wholesale and Retail Sector.

 To Apply for GEMS4 £3.5 Million Grant for Your Business In Nigeria, The Funding Process are:

Pre-Grant Award

Grant funds are awarded to eligible projects through a two- stage competitive application process as follows:

First stage – Concept Note Application

Interested organisations submit a concept note outlining the innovative business idea for which grant funding support is sought in terms of its commercial viability, innovativeness, and potential developmental impact.

Second stage – Full Application

Shortlisted applicants are invited to develop full application proposals setting out a detailed business case for the proposed project. This is similar to a commercial business plan.

Post Grant Award

  • Grant awarded organisations undergo a verification and due diligence process. Successful Organisations are invited to execute a grant agreement.
  • Project implementation commences
  • Grant funds is disbursed in quarterly intervals in arrears against agreed milestones and deliverables.
  • GEMS4 conducts monitoring and evaluation of funded project.
  • At expiration of funding period, grant funding support ceases. Projects continue to operate sustainably

This funding window will close at 24th August, 2015.

 

To Apply for GEMS4 £3.5 Million Grant for Your Business In Nigeria on or before the closing date.

Click here to Apply: http://www.gems4nigeria.com/challengefund.

Source: Gems4nigeria

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Dayo Adetiloye Business Hub
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
Dayo Adetiloye Business Hub
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2 Comments

  1. OMA AKIOYE

    DEAR MR ADETILOYE,
    MY INAUGURAL VISIT TO YOUR WEBNODE CONCURS THIS:
    YOU ARE A VERY RESOURCEFUL YOUNG NIGERIAN THAT HAS BEEN BLESSED BY GOD AND WILL CONTINUE TO BE GOD-BLESSED BECAUSE OF YOUR RESOURCEFULNESS,ENTREPRENEURIAL SPIRIT AND UNFATHOMABLE SAGACITY FOR SUCCESS.

    I LOOK FORWARD TO PARTNERING YOU WITH SOME CAPACITY SKILLS FOR THOSE WHOWANT TO GO INTO EXPORT BUSINESS FOR BOTH AGRIC COMMODITIES AND SOLID MINERALS.
    KEEP UP THE GOLDEN VISION.

    THANK YOU

    August 13, 2015
    • Dayo Adetiloye

      Thanks OMA AKIOYE.
      I really appreciate You.

      Thanks.

      August 14, 2015

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