August 29, 2014

Ignite Ideas Contest for 1000+ Nigerians (Submit Business Idea, Get N100,000)

Ignite Ideas Contest

Course(s) Offered: Ideas, Proposals
Course Level: Contest, Competition
Provider: Lagos State Govt, AGDC, Chair Centre Group
Country to Study in: Nigeria

Scholarship Description
The Management of Chair Center Group, in conjuction with AGDC and the Lagos State government has initiated a competition tagged ‘Ignite Ideas Contest’ to identify innovative and viable business ideas.

The Ignite Ideas Contest is a program which will enable more than one thousand qualified participants to submit any business idea or proposal and get a seed capital of N100,000 in return.

If you have any feasible business ideas, please submit it in the 2014 Ignite Ideas Contest and stand the chance to win one of the available 1100 cash prizes.

Ignite Ideas Contest
Eligibility
In summary, applicants are expected to be young Nigerians who must verify their age, failing which thier applications will be declined.

The complete Terms and Conditions include:
  • Applicants must be of Nigeria nationality
  • Applicants must not be below 18 years of Age. Failure to verify age will result in the application being declined.
  • Applications must articulate a specific business problem to solve or opportunity to address. The ideas must be original, address a clear market gap.
  • Applicants must be clear on the benefits from the prize money and the viability of idea must be established.
  • Employees of The Chair Centre Group, Digital Jewels Limited, AGDC etc and their families are not eligible to apply.
  • The Judges’ decisions are final.
Eligible groups
Citizens of Nigeria ONLY

Fields of study
All original business ideas are welcome

Number of awards
One thousand, one hundred (1,100) people will receive one hundred thousand naira (N100,000) each to fund their business ideas

Sponsorship duration
This is a ONE TIME financial award

Scholarship benefits
Each of the 1,100 winners will receive:
  • The sum of N100, 000 (One hundred thousand naira only) as seed capital to progress the business idea, and
  • A year business management mentoring from distinguished entrepreneurs.
Method of Application
Applications must articulate a specific business problem to solve or opportunity to address. The ideas must be original and also address a clear market gap. Applicants must be clear on the benefits from the prize money and the viability of idea must be established.

The three steps to application is summarized below:
  1. REGISTER: Create an Account
    Every applicant is required to create an account on the website before applying. This account will be used to validate your application and further activities will be performed on the account.

  2. LOGIN: Fill the application form
    Do you have a feasible business idea that will meet a need? Have you created an account on the website? To enter for the competition, you will have to fill the application form.

  3. APPLY: Review Application and Submit
    After completing the form, you should carefully review your application before final submission.
It is important to visit the official website via the link provided below for complete information and also for registration into the competition.

DEADLINES:
No deadline date has yet been set as of date of publishing this (i.e. 29th August 2014)

PLEASE NOTE:
AGDC, partners The Chair Centre Group and Lagos State Government to give seed capital to 1100 business ideas

Contact
For further enquiries, please send an email to info{{at}}igniteideas.org or you can also call +2348172435153.

Application Deadline: Not set
Open to International Applicants: No (ONLY Nigerians)

More Scholarship Information and Application

Related: List of Other Similar Awards You May Apply To

1 comment:

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