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Seed40, an initiative established to identify and invest in microenterprises through an informal network of mentors, is calling for those interested in signing up with it as mentors to sign up.
It is running a seed programme from which various micro entrepreneurs can benefit. If you are inspired to mentor an unlikely entrepreneur who can benefit from our seed programme, seed40 encourages you to sign up.
Mentors, and not the micro-entrepreneurs, are required to share a compelling story of the business and how they intend to support as well as the value the grant Seed40 gives will add to the micro-entreprise.
This is expected to be done in a short video of the maximum length of 5mins.
Entrepreneurs are discouraged from making applications, and instead, the mentors should. The scheme will fund a microenterprise per month.
Applicants are however encouraged to apply at any time during 2017 as all applications will be carried over every month for consideration.
The main objective for Seed40 is to identify mentors who are committed to supporting the growth of microenterprises in their locality. They will also provide a grant of 100,000 Naira per microenterprise.
Get more details here.