Call for applications for the 2024 Undergraduate Entrepreneurship Incubation Program!
The Undergraduate Entrepreneurship Incubation Program (UEIP) is built off Biodun and Ibikunle Foundation’s SEEDINVEST Acceleration Program and targeted at undergraduate entrepreneurs in Nigerian tertiary institutions. It was initiated based on the need to empower the proactive undergraduates who dare to start enterprises even while in school.
UEIP provides undergraduate entrepreneurs from tertiary institutions across Nigeria with entrepreneurial training, asset support and advisory services to enable them run better businesses. This will ensure their sustainability and enhance their ability to create jobs for themselves and many others.
Aspirant must be an undergraduate entrepreneur enrolled in any postsecondary educational institution in Nigeria, in good standing with a valid ID card or letter of admission. Masters’ or postgraduate students are not permitted. It is mandatory for businesses to register with the Corporate Affairs Commission. For a minimum of six (6) months, the business must be in existence. A one-year business plan is required for applicants. The applicant needs to have an account for business purposes with any commercial bank in Nigeria. The business address needs to be authentic.
In order to be considered for the series, you must record a 60-second business pitch in which you introduce yourself, your company, the difference you’ve made in the community, and your reasons for being chosen. Posting your business pitch on your business Instagram handle—not your personal page—and inviting/tagging @biodunandibikunle as a collaborator are both required. Examine the slides’ images for a guidance. If your application is approved, the Foundation will re-post your business pitch on its YouTube channel. Within 24 to 48 hours, your Instagram invite will be open for vote. For their votes to be counted, your voters (friends, clients, family members, etc.) must subscribe to Biodun and Ibikunle Foundation’s YouTube channel and follow on Instagram.
Location:
Online, NigeriaBenefits
- UEIP will provide entrepreneurial training, asset support and advisory services to enable them run better businesses.
- Up to ₦ 500,000 in asset grant for your business.
- Business mentoring.
Eligibilities
- Must be an undergraduate entrepreneur schooling at any of the tertiary institutions across Nigeria with a valid ID Card/Admission Letter.
- Postgraduate or Master’s students are not eligible.
- Business must be registered with the Corporate Affairs Commission.
- Business must be operational for a minimum of six (6) months.
- Applicant must have a 1-year business plan.
- Applicant must have a business account with any of the commercial banks in Nigeria.
- Business address must be verifiable.
Application Process
- Visit the Apply link by clicking on the “APPLY NOW” button.
- Complete the form as instructed.
- Record a 60 secs Business Pitch telling us about yourself, your business, the impact your business has made in the community you operate and why we should select you for the programme.
- Your Business Pitch must be posted on your Instagram Business handle, not your personal page then Invite/Tag @biodunandibikunle as a collaborator.
Application Deadline: February 25, 2024
Application ClosedOfficial link
