Tired of filling out loan application forms that never get approved? In 2019, don’t let the absence of funding stop you from birthing that amazing business idea or scaling your existing business. Here are 4 funding opportunities you need to take advantage of in 2019 (Note: the application for some opportunities are ongoing).
Tony Elumelu Foundation (TEF)
Since 2015, the Tony Elumelu Foundation has been empowering African entrepreneurs via its funding and training programmes. Thus far, it has empowered 4,470 entrepreneurs across the African continent. It offers seed capital of $5,000 to each successful applicant, 12 weeks of accelerated online business training; and membership in its resourceful network.
In 2019, you can become one of the 1,000 beneficiaries by sending in your application by January 1, 2019. For more information, you can visit the official website.
Offering funding, business mentorship, and training, African Young Entrepreneurs Empowerment Nigeria (AYEEN) is designed to groom and grow viable business ideas, startups, and existing businesses. AYEEN also host an entrepreneurial reality TV show that centers on the innovative ideas of entrepreneurs who have been selected to pitch before a panel of well-selected judges.
Though the date for 2019 applications is yet to be announced, you can sign up for updates and notifications.
Johnson and Johnson African Innovation Challenge 2.0
Inviting African innovators to submit their ideas that tackle pain points in Mental Health, Consumer Packaging, Botanical Solutions, Health Worker Support, Digital Health Tools and Essential Surgery, Johnson and Johnson is offering up to $50,000 in funding and mentorship from a wide network of professionals and experts.
According to the its Vice President for Innovation, Global Public Health and Science Policy Communication, Seema Kumar, Johnson & Johnson believes that great ideas ‘can come from anyone, anywhere, and and we work with entrepreneurs around the world to relentlessly pursue innovations that advance and enhance the health of everyone, everywhere.’
Think you’ve got what it takes? Visit African Innovation Challenge and ensure you send in your application on or before January 16, 2019.
2018-2019 Competition Advocacy Contest
With the application date set for January 18, 2019, you still have the opportunity to apply for the 2018-2019 Competition Advocacy Contest.
Organised by the International Competition Network (ICN) and the World Bank Group, the contest is designed for agencies, NGOs, and sector regulators to showcase their success stories which results from operating in a competitive environment with non-enforcement mechanisms.
For more information, do visit the official website.
Find the opportunity that best suits your business idea or model? Apply already!