Call for Applications: IITA/IFAD AgriHub Nigeria Project 2021 for the Unemployed Youth

The International Institute for Tropical Agriculture (IITA) in collaboration with the International Fund for Agricultural Development (IFAD) and the Songhai center in Nigeria, will be implementing the AgriHub Project, directed towards realizing IFAD’s vision in empowering African youth through the establishment of a network of youth-centered Agribusiness Hubs in Nigeria.

Services offered by the Hub include;

  1. Capacity building, training and mentoring
  2. Technology transfer
  3. Technology testing, demonstration, and certification facilities
  4. International networking and collaboration
  5. Policy advocacy and market intelligence; and
  6. Links to investors and other financing sources.

The IFAD Agrihub project in Nigeria aims to create sustainable employment and income generating opportunities for young people in agriculture and related activities in Nigeria by directly reaching 3410 young men and women within five years (30% for entrepreneurial track and 70% for employment track).

Register for free on www.agrihub.youthagripreneurs.org/training-application/

Deadline for application: 27th February, 2021

Invitation to register for the Innovation Fellowship for Aspiring Inventors and Researchers (i-Fair) Isreal Nigeria 2020/21

Registration has commenced for the i-Fair 2020/21, an initiative born out of the need to raise a generation of INNOVATORS, INVENTORS and RESEARCHERS in Nigeria; especially among the youths.

i-FAIR is offering Nigerian aspiring inventors a unique opportunity to showcase innovative ideas in the fields of Agriculture and Food Technology, Renewable Energy/Environmental Management, Medical Devices/Simulation, and Social Responsibility/Innovation for the Physically Challenged.

Register now and gain access to;

  • A 3 days skills development and interactive session with the mentors and co-participants at the Skill “G” Innovation Center, Abuja.
  • Sixty (60) hour “Introduction to Entrepreneurship” course, during which participants will work at the Innovation Center to develop their ideas, projects and prototypes.
  • A 3-day Grand Finale Experts/Investors Panel (“Sharks” format) Event; where participants will present their projects and prototypes.

Click on aea.org.ng or www.ifair-israelnigeria.com/form-app/form.php to begin the registration process.

Boost your business by applying for the N60 billion MSME Survival Fund and N15 billion Guaranteed Off-take Scheme

As we adapt to the pandemic, terming the current condition as the ‘new normal’ and as restrictions are gradually being lifted by the Presidential Task Force on Covid-19, MSMEs are still struggling to survive while dealing with increased cost of production, low sales due to increased prices of output, high cost of raw materials, inability to cover the cost of labour and many others. These problems have also led some MSMEs to close down their business thus increasing the unemployment rate in the country.

To further cushion the adverse effects of the pandemic on the growth of MSMEs, the Federal Government has taken another step to introduce the N60 billion MSME Survival Fund and N15 billion Guaranteed Off-take Scheme as part of the Nigerian Economic Sustainability Plan (NESP), to boost the economy by saving existing jobs and creating new job opportunities.

The fund aims to assist MSMEs by providing;

  1. Payroll support to MSMEs in meeting payroll obligations
  2. Free CAC Business registration for 250,000 new businesses
  3. Artisans/Transport support
  4. Grant of N50,000 for 100,000 MSMEs adversely affected by the pandemic
  5. Means for bulk purchase of products for 100,000 MSMEs

Target beneficiaries of the funding schemes include; Registered MSMEs, employees of MSMEs and self-employed individuals.

Registration is on!!!!

For more information and details on registration, visit www.survivalfund.ng

Womenpreneur Pitch-a-ton Africa 2020: Inspiring female entrepreneurs across Africa

Are you a woman who owns and runs her business?

Is your business innovative?

Do you need grant to expand your business?

Do you also need expert training to help grow your business?

If your answers to all these questions is YES, go ahead and apply for the  Womenpreneur Pitch-a-ton Africa 2020, and stand a chance to win N5millon and attend a mini MBA.

Womenpreneur Pitch-a-ton Africa is an initiative of Access Bank, designed to provide female owned businesses across Africa an opportunity to access finance and World-Class business trainings as well as mentoring opportunities.

This being the 2nd edition, will provide up to N9million financial grant for female entrepreneurs and a unique capacity building program coupled with a mini MBA training in collaboration with ITC.

To apply, click the link below:

Womenpreneur.ng

Application Closes August 14, 2020.

CBN introduces intervention scheme and grants for Research and Development in Healthcare

As part of its policy response to the COVID-19 pandemic, the Central Bank of Nigeria has introduced the Healthcare Sector Research and Development Intervention Scheme (HSRDIS) to help strengthen the public healthcare system with innovative financing of research and development (R&D) in new and improved drugs, vaccines and diagnostics of infectious diseases in Nigeria.

The main objective of the scheme is to provide grants for Research and Development in the Healthcare system, whereby researchers and local manufacturers can come up with vaccines, drugs and herbal medicines towards the treatment and prevention of communicable and non-communicable diseases, including the Corona virus.

The Scheme also aims to boost domestic manufacturing of critical drugs and vaccines to ensure their sustainable domestic supply and reduce the bulk manufacturing costs.

The Scheme, which will be funded from the Developmental Component of the Micro, Small and Medium Enterprise Development Fund (MSMEDF), enables access to grant of up to N50 Million for research activities and a maximum of N500 Million for Development/Manufacturing activities.

For detailed guidelines and eligibility to access the scheme, click the link below:

https://www.cbn.gov.ng/Out/2020/CCD/Healthcare%20RnD%20intervention%20guidelines.pdf

FG TO DISTRIBUTE AGRICULTURAL INPUTS TO FARMERS

An endeavor has been made by the Federal Government to alleviate the effect of the COVID-19 pandemic on food production in Nigeria, the government started the dissemination of agricultural inputs to farmers nationwide.

According to the Federal Ministry of Agriculture and Rural Development, the move would enhance agricultural production and avert food scarcity in 2021.

It said in a statement issued in Abuja on Monday that the inputs distributed to smallholder farmers included various varieties of seeds of rice, maize, wheat and palm seedlings.

The Minister of Agriculture and Rural Development, Sabo Nanono, inaugurated the distribution exercise in Kaduna.

He stated, “The Federal Government will continue to support smallholder farmers with relevant inputs through associations and cooperatives to ensure that the country does not experience food shortages as a result of the pandemic.

“Rice farmers through the Rice Farmers Association of Nigeria will receive support worth about 270 metric tonnes and 300MT of certified seeds of FARO 66 and 300MT of foundation seeds of flood- tolerant rice varieties of FARO 66 and FARO 67.”

He added, “The ministry is also distributing 26MT of certified wheat seeds to wheat farmers, 1,350 maize production kits and 18,517Kg of Aflasafe to ensure that the maize produced is aflatoxin-free.”

Nanono said the association was expected to distribute the seeds to its members nationwide for the 2020 cropping season.

Source: https://punchng.com/fg-distributes-agricultural-inputs/

UNION BANK SUPPORTS SMEs

All over the world, the current pandemic has had unthinkable impact on people, Small business owners,communities, companies and economies.

This is why one of Nigeria’s most reliable and trusted banking partner   have come up with #TheRiseChallenge to shine the spotlight on their customers, who are doing all you can to rise above this pandemic. If you are being innovative, charitable, creative and resourceful and the union bank wants to hear your story.

Every week for the next 4 weeks, they will select 10 of the most inspiring stories to share and reward. If your story is selected, you will receive N250,000 Naira from Union Bank to support the work you are doing to RISE above the pandemic.

Apply for the 3rd National MSME Awards (Virtual Edition)

Entrepreneurs are encouraged to apply for the Virtual Edition of the National MSME Awards and stand a chance to win cash and other valuable prizes.

The Award Program is an initiative of the Federal Government under the National MSME Clinics Platform and it aims to support and appreciate the efforts of entrepreneurs towards the development of the economy.

The Presidency is working diligently to ensure MSMEs survival during these turbulent times and has not allowed the pandemic to deter it from showing appreciation to outstanding MSMEs.

Award Categories include; Agriculture, Fashion, Manufacturing, Creative Arts, Leather Works, Woodworks, Technology Innovation and many more.

Registration is ongoing and will end on 30th June 2020. Apply today by visiting www.msmeclinics.com.ng

ABUJA MASK-UP COMPETITION

The Abuja Enterprise Agency being the drivers of entrepreneurial growth held a mask up competition in conjunction with its partners in the fashion industry, the competition was designed to give participants the opportunity to bring their ideas and concepts into actualization in the fashion industry.

With the given realities of the COVID-19 pandemic that has put the whole world to a stop, the Agency brought about this competition to engage the MSMEs in the fashion industry in the FCT. The Agency and its partners hope to help by making the face mask very much available to everyone and lift up the economy and health status of Nigerians.

The competition was focused on 5 major categories which are Best use of innovation, growth, social impact, the use of ICT, climate and environmental impact as well as privacy and data protection.  The competition recorded 929 entries and 221 videos. Finalists of the competition went through a very rigorous screening process were 10 companies met the criteria. 

The 10 Finalists Pitched their business ideas to the Panel of Judges who are eminently qualified and accomplished in the Fashion Industry, the Medical space as well as the Entrepreneurial Ecosystem. Dr. Joe Abah (the former DG, Bureau for Public Service Reforms), who is well respected Nationally for his personal and National Principles for Truth, Transparency, and Growth, as the Chief Judge for this competition, Other Judges are; Dr. Ejike Ojih (a Medical Practitioner of over 30 decades and the Chairman of the Medical Sub Committee of the Ministerial Advisory Team  for the FCT COVID.19 Response), Mrs Aisha Abubakar Falke (CEO, Falke Fashion/Northern Hibiscus Initiatives), Mr. Seyi Adekunle (CEO, Vodi Group), Barr.Chioma Ibokwe (CEO, West n Couture).

They used their versed experience acquired over the years to determine the Best 3 Finalists who went home with cash prizes of N500,000, N300,000, and N200,000 respectively. There is in place other consolation prizes for the other winners such as free trainings in the Industry to be provided by both AEA and Messrs.’ Vodi Group, Business Advisory Services, Mentorship sessions, Market linkages, and access to facility from the our own FCT MFB. In addition to the prize for the top winner, the Company was given a shop space at the SilverBird Shopping Mall for a month free to display and sell the Face Masks.

Speaking at the pitching event was the MD/CEO of the Abuja Enterprise Agency Arabi Mohammad Tukur who said 

We wish to convey our profound appreciation to the Panel of Judges for their dedication, time and commitment. I have implicit confidence in the ability of the judges to provide a credible assessment for today’s Final Business Pitch.

Our Collaboration with critical partners such as Columbia, Honorary Consulate in Nigeria, Vodi Group, and ThreeM Plus is borne out of the FCT Administration’s vision of providing an enabling environment, particularly for youths to become leaders in the entrepreneurial world and provide solutions to the various challenges we face as a Nation.

 The Agency wish to also appreciate all our partners for being part of the success we are witnessing today. Of particular note are the contributions of Her Excellency, Mrs Mericel R. Jammal (Honorary Consul of Columbia to Nigeria),  Mr. Mohammed Jammal (CEO, ThreeM Plus), and Mr. Seyi Adekunle (CEO, Vodi Group) who remained focused and dogged in getting the competition to hold despite the huge challenges of COVID.19. We in the Abuja Enterprise Agency remain ever grateful to you and your Teams for beaming the lights of the Agency further. Thank you most sincerely.”

He concluded his speech by expressing sincere appreciation to the FCT Administration under the leadership of the Honorable Minister FCT, Malam Muhammad Musa Bello for making this event possible and showing great interest, dedication and commitment in developing the youths of the FCT. He also adviced the participants that “ the potentials for success lie in you; I urge you to be the business leaders of tomorrow by inculcating these 3 tips to become successful entrepreneurs, “be Innovative, be Creative and lead with Integrity”.

One of the participants miss Fatima Ibrahim Tauheeda said the competition gave her the opportunity to come to different ideas and designs of facemasks and also publicity to arket her products. She also thanked the Abuja Enterprise Agency/FCTA for the opportunity.

NAFDAC provides 80% discount on registration for MSMEs

As more palliatives are being rolled out by the Federal Government to protect and sustain MSMEs in the face of the current pandemic, entrepreneurs also need to keep abreast of the environment and identify opportunities they can tap into in order to stay afloat.

One of such opportunities which is also a palliative of the Government, is the discount on online registration of products offered by the National Agency for Food and Drug Administration and Control (NAFDAC) through the Automated Product Administration and Monitoring System (NAPAMS)

MSMEs can now process the registration of their products with NAFDAC from the comfort of their homes, and at an 80% discounted rate over a period of six months. Other palliatives under the platform include; zero tarrifs for the first 200 micro and small businesses to register on the e-platform, and waiver on administrative charges for overdue/late renewal of expired licenses of products for a period of 90 days.

Products that can be registered include Food, Drug and Medical devices, Herbal and Cosmetics, Vaccines and Biologics, Chemicals, Narcotics and Vetinary.

Take advantage of this opportunity by visiting http://www.napams.org

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