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Entrepreneurs, here are some funding options for you!

Friends,

I see that many of you are asking questions regarding funding on this platform. So I have decided to research, evaluate, and present practical and reliable funding options under this thread. My research will be ongoing, so feel free to check back here frequently for updated information. Here's the first option. International Finance Corporation (IFC). I looked at its process, and who it serve. I also studied how its financing is supported by corporations and partners, and its performance rating. IFC helps starts-ups and existing businesses. While IFC doesn't require businesses to go through a formal process, it does look to make sure that the business is "technically sound". Therefore, I highly suggest that you create a strong business plan to include with your application. I will be hosting webinars soon on how to write an effective business plan. If you would like to practice your business pitch or would like someone to proofread your plan, I will be happy to help. I will create a separate thread just for the topic of business plan itself. But for now, below please find the instructions on how to apply for financial assistance at IFC. More options to soon follow.

https://www.ifc.org/wps/wcm/connect/corp_ext_content/ifc_external_corporate_site/solutions/how-to-apply-for-financing

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4 answers

Friends,

If you are in agriculture, energy, or scalable enterprises, here's a great option. Norfund is a Norwegian Investment Fund. Its policy is to invest in business that other's wont. It is also backed by a strong funding process behind the scene. You can learn more about Norfund here:

https://www.norfund.no/about-norfund/

Report Jayneel's answer

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Am into agriculture as scalable enterprises .So I do I apply as a start up. My country is among the core investment area of Norfund organization which is Nigeria.

Regards Henry okusare.

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Sir I have gone through the application here online . with the requirements is can not be possible for individual, small,micro medium enterprises. But we can still find a way out to have an edge with a good sound business plan.

Report Henry's answer

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Hello African entrepreneurs here is another chance fund your ventures. I see many of you have great business ideas but are challenged financially. So I encourage all African entrepreneurs to apply for the ongoing Tony Elumelu Entrepreneurship Programme for a chance at winning a $5,000 seed capital and free online mentorship training programme. It is free, reputable and highly rewarding. https://www.tefconnect.com Please take your time in going through all the instructions and guidelines on the website. Goodluck!

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