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N2m Grant Opportunity: Grooming Endowment Trust Launches 4th Cohort to Support Nigerian Startups

Business1 min read
N2m Grant Opportunity: Grooming Endowment Trust Launches 4th Cohort to Support Nigerian Startups

Grooming Endowment Trust (GET) has launched its fourth cohort to support Nigerian startups, offering a N2 million grant, mentorship, and access to an investor program. The initiative aims to assist 10 promising founders, adding to the 20 startups already supported in previous cohorts, who collectively received N150 million in funding.

GET Compass, a funding support framework for small businesses, provides financial support and a robust package to enhance success chances. The program complements the Nigerian government's efforts to empower small traders and artisans through initiatives like the Government Enterprise and Empowerment Program (GEEP).

The GETAccelerated program addresses the challenges faced by entrepreneurs in accessing capital and mentorship, providing a vital opportunity for high-growth potential startups to thrive. This initiative, alongside other government programs, aims to diversify the economy and foster innovation in Nigeria's startup ecosystem.

Plus234Feed summary based on reporting from Legit NG. Read the original report below.

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