NISRF Emergency Grants for Nigeria Businesses

NISRF Emergency Grants for Nigeria Businesses

NISRF Emergency Grants for Nigeria Businesses

Call for Applications: Nigeria Impact Startup Relief Facility (NISRF).

Nigeria Impact Startup Relief Facility (NISRF) is an emergency facility designed by a consortium of funding partners to disburse grants to a significant number of existing post-MVP stage high-growth startups who create impact so they remain viable during the COVID-19 crisis.

NISRF is designed to support grant applicants for a period of 6 months whose businesses/activities are either being adversely affected or modified in response to COVID-19.

Benefits Grant: Business equity-free funding between $5,000 to $20,000

Business Advisory: Get access to a pool of mentors and business experts

Business Continuity: Here’s your chance to continue to create impact and stay afloat.

Selection Criteria

In order to qualify for this funding, the following criteria have to be met:

  • Be a company operating in Nigeria
  • The company is tackling an urgent social problem
  • The company is post-MVP, revenue-generating, registered with CAC
  • Can demonstrate solid financial health prior to the onset of COVID-19 (USD $60K ARR - 12 months period minimum)
  • The company has already received seed capital
  • Can demonstrate the scale of impact, or potential for future scale
  • Fall in any of these sectors: Agriculture, Critical Infrastructure, Financial Services,
  • Health Care, Education, and with initiatives that target the informal sector.
  • How well you have optimised resources during COVID.

    Apply by 7th September.

    For more information and application details, see; NISRF Emergency Grants for Nigeria Businesses

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