Citi Foundation Offers $500,000 Grants to Nigerian Nonprofits

Nigerian nonprofits focused on helping young people develop digital skills and secure employment have until 5 pm WAT on October 6 to submit initial applications for grants from the Citi Foundation, each worth $500,000. This initiative is part of the foundation's fourth Global Innovation Challenge, which will allocate up to $25 million across 50 organizations.

The challenge was announced on September 9, with the first-stage deadline set for October 6. Eligible applicants must be legally registered nonprofits serving low-income individuals and propose programs benefiting at least one eligible country.

Organizations that advance to the full application stage must provide externally audited financial statements for part of 2024 or later. Successful applicants will receive funding over 24 months, starting no earlier than June 2027, distributed in two annual payments of $250,000.

The selection process is competitive, and submitting the initial form does not guarantee funding. Funding priorities include programs that enhance technical training, critical thinking, and access to digital resources.