Call For Applications: The Godman Akinlabi Enterprise Development Fund For SMEs (Up to N5 Million Grant)
In honour of Pastor Godman Akinlabi’s 50th birthday, we proudly unveil the Godman Akinlabi Enterprise Development Fund, a visionary initiative crafted to redefine entrepreneurship through transformative leadership and national development. Rooted in the principles of empowerment, innovation, and faith-driven impact, this Fund aspires to uplift faith-based entrepreneurs who embody the potential to shape industries and communities alike.
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Entrepreneurship lies at the heart of sustainable development, yet countless budding entrepreneurs face significant barriers to growth: limited access to capital, inadequate resources, and the challenge of aligning business success with lasting societal impact. These obstacles hinder not only individual dreams but also the collective progress of our nation. The Godman Akinlabi Enterprise Development Fund is a bold response to this gap, embodying a mission to provide seed capital, mentorship, and scaling opportunities that transform visions into realities.
With an initial endowment of 50 million Naira, the Fund supports small and early-stage businesses with seed funding ranging from 250,000 to 2 million Naira, while offering scaling capital of up to 5 million Naira for enterprises ready to expand. More than a financial platform, this initiative fosters innovation, creates employment opportunities, and champions the integration of faith-based values into the fabric of national development.
This is only the beginning. The Godman Akinlabi Enterprise Development Fund will evolve into a robust annual program, designed as a sustainable development initiative with contributions from like-minded individuals who share a commitment to building a stronger, more inclusive society. Through strategic partnerships and collective investment, we envision a future where this initiative serves as a cornerstone for national and global transformation.
Eligibility
Visionary Entrepreneurs
Individuals with impactful, faith-based business ideas
Early-Stage Enterprises
Startups seeking seed funding to launch their journey
Established Businesses
Companies ready to scale and deepen their influence
Benefits
FINANCIAL SUPPORT
We provide seed funding for emerging businesses and capital to scale operations. This inaugural initiative is backed by a ₦50 million endowment.
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EXPERT GUIDANCE
Gain access to experienced mentors and industry leaders who will provide the expertise needed to guide and grow your enterprise.
COMMUNITY IMPACT
Contribute to societal transformation by fostering businesses that uphold kingdom values and create lasting positive change.
Application Process
1. Apply Online
2. Review Process
Applications will be evaluated based on faith alignment, business feasibility, and potential for impact.
3Funding and Support
Selected businesses will receive funding along with ongoing mentorship to ensure sustainable growth.
4 Monitoring and Evaluation
Selected businesses will undergo regular monitoring and evaluation to assess progress and impact.
Deadline: 15th January 2025.