Application Criteria

Application Criteria2018-09-23T11:34:45+00:00

The following are the required criteria for the acceptance of your application.

Who is an eligible applicant?

  • Small business owners and entrepreneurs that are innovative and have viable business ideas or ventures, in Start-up and early growth stages
  • Businesses and entrepreneurs across all sectors/ industries in Nigeria
  • Applicants must be at least 21 years old and a University or Polytechnic, College of Education/ Technology graduate
  • Only one company can apply per application and a company can apply only once

How much does the Application Cost?

  • Application is FREE

What is the Application Process?

  • All applications must be submitted online through the Application Portal
  • You must complete an application form by answering a series of mandatory questions and uploading additional documents as required
  • Please click “Apply to the Programme” to begin your application process
  • Your application will be open for two (2) weeks once you start to fill the form. You can save a draft as you progress in filling the form
  • Make sure all required fields are populated and within the given word limits, then click the “Submit” button. You will receive a confirmation email in the email address you provided. If you have any questions, please contact us on
  • All applications must be submitted in English
  • Applications will be evaluated based on the Programme rules. Applications will be judged based on the following criteria:
  • Innovation and Feasibility of business
  • Market Opportunity: knowledge and understanding of the target market, customers and competition
  • Financial Understanding: an understanding of the basic financial requirements of running a business, costs and revenues
  • Scalability: potential for replication and growth of product or service offering to create jobs and impact the kingdom
  • Social Impact: ability of the venture to solve social problems such as employment generation, poverty alleviation, empowerment, etc.
  • Applicants will be required to provide the following documents as part of the process:
  • Valid ID: Driver’s License, National Identity Card or International Passport of the applicant/ business owner
  • Graduation Certificate from a University or Polytechnic, College of Education/ Technology
  • Legal registration document with CAC (where available)
  • Company bank statement (where available)
  • Reference from a trade association, professional body, organisation, customer, business partner, academic institution, etc. (where available)