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Orange Corners is a Dutch program that provides young entrepreneurs in Africa and the Middle East with training, coaching, networking, finance, and facilities to help them establish and build their enterprises.
Entrepreneurs who develop new and sustainable solutions to local concerns and contribute to the UN Sustainable Development Goals receive special attention.
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The program collaborates with a variety of stakeholders, including local, Dutch, and international businesses, universities, governments, and other organizations. Leveraging their local experience, Orange Corners aims to help and build the entrepreneurial environment more effectively.
Benefits
The program will be delivered in person and virtually due to the development of the pandemic. It will not only provide foundational entrepreneurial knowledge, tools, and resources needed to transform an idea into a business but will also make available the networks and support needed for the sustainable growth of the business.
Key benefits include:
Enterprise Management Training
– Participants will receive training in enterprise management, equipping them with essential skills for running a successful business.
Business Incubation & Advisory Services
– Entrepreneurs will have access to business incubation services, providing guidance and support to help nurture and grow their ventures.
Funding for Prototype Development & Testing
– The program offers funding opportunities to support entrepreneurs in developing and testing prototypes for their innovative products or services.
Networking Opportunities
– Participants will have the chance to connect with a diverse network of stakeholders, including local and international businesses, universities, governments, and other organizations.
Support for Sustainable Growth
– Beyond initial training, the program aims to provide ongoing support to ensure the sustainable growth of the businesses established by the participants.
The program’s hybrid approach, combining in-person and virtual elements, enhances accessibility and adaptability to changing circumstances.
Requirements
To meet the selection criteria, you must:
– Be an aspiring entrepreneur from Lagos, Nigeria.
– Be between 18-35 years old.
– Have a validated innovative business idea, not more than 2 years old.
– The product or service responds to a local challenge in Nigeria.
– The product or service relates to the Sustainable Development Goals.
Application Process
Application Submission
– Entrepreneurs interested in the program need to submit their applications online.
Boot Camp Invitation
– The top 50 semi-finalists will receive invitations to participate in a compulsory two-day boot camp.
Boot Camp Evaluation
– During the boot camp, a jury will assess the performance of the participants based on various criteria.
Selection Process
– The final selection of participants for the incubation program will be determined by the performance and outcomes of the boot camp.
Orange Corners Incubation ProgrammeParticipation
– After the boot camp, the top-performing entrepreneurs—20 in total—will be selected to join the incubation program.
Six-Month Incubation Program
– The selected participants will engage in a six-month incubation program designed to provide them with the necessary support, resources, and mentorship to develop and grow their businesses.
The selection process ensures that the most promising and capable entrepreneurs are identified and given the opportunity to benefit from the comprehensive support offered by the Orange Corners program.
Deadline: February 18, 2024
