Is this your bus stop🙄🙄?
Welcome to the ‘ember months!
Dear entrepreneurs,
Before I say anything, let me say Happy New Month first. Some of you have been reading our newsletter since January.
Special shout out to you!😍🤩🤩🤩
This year is not only running to an end, it's going at a breakneck speed. Cos I need an explanation on why my year of fruitfulness just has few months left.😂🤣🤣
For some of us, who might be worried we've not gotten it yet, who says it's your last stop in September?
This is not your bus stop oh. September can be your January!
I remember a funny experience I had in Lagos a few months ago when I was traveling to a location that I was not familiar with.
Because I hate to ask for directions from random strangers, based on past experiences with people who could confuse you more, I boarded a tricycle and told the driver my destination. I wasn't paying much attention, but I noticed that everybody got down at a particular place. Without thinking, I assumed I'd gotten to my destination and got down too.
Guys… I had to call a friend and had to trek another distance to where I was supposed to have alighted. I was sooooo pained. But I could blame no one but myself. So dear business owners…. The time is not up yet. You can still get things done!
Here’s what I have for you this week:
Trending Business News
Opportunities Galore
The Entrepreneur’s Quiz
Fun Facts about Entrepreneurship
Latest Update!!!
Reach 45,000+ Entrepreneurs and Grow YOUR Business!
Advertise in our newsletter and:
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Let's grow your business!
The Journey Starts HERE
Trending News
Swarovski Foundation Launches 2024 Creatives for Our Future Program with N35 Million Grant
The Swarovski Foundation, a global NGO dedicated to promoting sustainability, has opened applications for its prestigious “Creatives for Our Future” program. This initiative aims to identify and support young innovators whose projects align with sustainable development goals (SDGs). READ MORE
Access Holdings, GTCO, FCMB, and Other Banks to Inject N575.62 Billion Loan into Africa’s MSME and Retail Sectors
Five leading banks in Africa are set to channel N575.62 billion from their ongoing capital raise efforts into supporting corporate, SME, and retail sectors. This move is part of a broader initiative to meet the Central Bank of Nigeria’s (CBN) new capital requirements and expand business operations. READ MORE
FG, IFAD Partner to Empower 121,000 Smallholder Farmers Across Nine States In Nigeria
The Federal Government of Nigeria, in partnership with the International Fund for Agricultural Development (IFAD), has provided farming inputs to 121,000 smallholder farmers across nine states to boost food security. READ MORE
NASFAT Partners with SMEDAN to Empower SMEs in Nigeria
The Nasrul-Lahi-L-Fatih Society (NASFAT) has taken a significant leap in empowering its members in the Small and Medium Enterprises (SME) sector by forging a strategic partnership with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN). READ MORE
Nigeria Secures $800 Million for Power Substations and Distribution Upgrades
The Federal Government of Nigeria has committed $800 million to enhance the country’s power infrastructure under the Presidential Power Initiative, according to the Minister of Power, Adebayo Adelabu. READ MORE
Nigeria Banks Grants 75.5trn Loans To Private Businesses
A significant increase in Nigeria’s economic growth, the Central Bank of Nigeria (CBN) reported that Nigerian banks’ credit to the private sector increased by N2.29 trillion between June and July 2024. This increase comes amid challenges such as a volatile naira in the foreign exchange market and persistent double-digit inflation. READ MORE
CADEF and Jacob’s Ladder Africa Partner to Boost Green Innovation and Youth Entrepreneurship in Nigeria
The Consumer Advocacy and Empowerment Foundation (CADEF) has formed a strategic partnership with Jacob’s Ladder Africa (JLA) to enhance green innovation and youth entrepreneurship across Nigeria. READ MORE
Over 1,000 Entrepreneurs Gain Modern Aquaculture Skills through Ekwunife’s Aquaculture Training program
More than 1,000 aspiring and practicing entrepreneurs in Anambra State have been equipped with advanced skills in aquaculture, including fish farming, mushroom farming, crayfish farming, as well as processing, packaging, and marketing. READ MORE
Opportunity Galore
Call For Applications: BRACE Program Cohorts 2 Batch 3 For Agribusinesses Operating in Africa
Are you an agribusiness owner or entrepreneur looking to:
Expand your market reach.
Access valuable mentorship and networking opportunities?
Receive tailored business development support?
If so, the BRACE Program Cohorts 2 Batch 3 is the perfect platform for you. APPLY NOW
Call For Applications: Lagos Innovate Idea Hub cohort 10.0 8-week Program For Entrepreneurs
Lagos Innovate Idea Hub is back with its 10th cohort, offering an 8-week program tailored to empower aspiring entrepreneurs. This intensive program provides a unique platform for innovators to turn their ideas into thriving businesses.
Are you ready to: Refine your business concept? Connect with industry experts and access valuable resources and mentorship. If so, the Lagos Innovate Idea Hub cohort 10.0 is your chance to accelerate your entrepreneurial journey. APPLY HERE
Call For Applications: Halcyon Climate Resilience & Food Security in Africa Fellowship 2025 ($10K AWS Credits + $5K stipend)
Halcyon is seeking innovative entrepreneurs to tackle climate resilience and food security challenges in Africa. The 2025 Fellowship offers a unique opportunity to receive $10K in AWS credits and a $5K stipend to support your groundbreaking work. APPLY to the Halcyon Fellowship and join a community of like-minded individuals making a positive impact.
Call for Applications: D-Prize Challenge 2025 for Social Entrepreneurs to Fight Poverty (Up to $20,000 Grant Prize)
D-Prize is calling on all social entrepreneurs to tackle poverty with innovative solutions. The 2025 Challenge offers a chance to win up to $20,000 in grant funding to support your groundbreaking work. APPLY NOW
Call For Applications: Techstars Anywhere Accelerator Program
Techstars Anywhere is a global accelerator program designed to support early-stage startups from anywhere in the world. This unique initiative offers a three-month mentorship-driven program, providing entrepreneurs with the tools, resources, and connections needed to scale their businesses. Are you a startup founder looking to Accelerate your growth? This is the perfect opportunity for you! APPLY HERE
Call For Applications: TechBridge Program (100% tuition scholarship Training)
Are you looking to:
Upskill and acquire in-demand tech skills?
Launch a fulfilling career in technology?
Benefit from a fully funded training program?
If yes, the TechBridge Program is the perfect way to unlock your potential and achieve your career goals. APPLY HERE
Call For Applications: WIPO Intellectual Property (IP) Labs 2.0 – Acceleration Program 2024
The WIPO Intellectual Property (IP) Labs 2.0 – Acceleration Program 2024 is now accepting applications! This unique program offers a transformative opportunity for innovators to develop and commercialize their intellectual property. Are you an entrepreneur or inventor with a groundbreaking idea? APPLY TODAY
The FATE Institute's 2024 State of Entrepreneurship Survey
Dear valued entrepreneurs,
We want to invite you to contribute to the 2024 State of Entrepreneurship Report. Your insights are crucial in providing a balanced and accurate picture of the challenges, triumphs, and trends impacting startups and businesses across the country.
By completing the survey, you'll play a significant role in informing policy decisions that support entrepreneurship growth and development.
The survey is quick and easy to complete, and your responses will remain confidential. It can be accessed via this link: https://cutt.ly/SoE2024
The Entrepreneur’s Quiz
What is the term for a business model that involves offering a product or service for free, to generate revenue through other means, such as advertising or premium features?
A) Freemium
B) Subscription-based
C) Pay-per-use
D) Open-source
What is the answer?
Fun Facts about Entrepreneurship
Did you know that some of the world's most successful entrepreneurs were initially failed entrepreneurs?
For example:
- Thomas Edison failed over 1,000 times before inventing the light bulb.
- Walt Disney was fired from his first job for "lacking creativity."
- J.K. Rowling's first Harry Potter book was rejected by 12 publishers.
- Steve Jobs was fired from Apple, the company he co-founded.
These examples show that failure is not the end, but rather a stepping stone to success. Entrepreneurship is about learning from failures, persevering, and innovating. So, don't be afraid to take risks and try again!
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Till next time
Ododoola, MSME Africa
Wow, this is beautiful
Thank you for sharing