CONNAK FOUNDATION 5K DOLLAR GRANT 2022
As usual , connak foundation is about to do again what they are known for – empowering entrepreneurs with entrepreneurial skill and huge capital to establish or expand their businesses with Five thousand Dollars each .
Connak Foundation is a Non Governmental Organization that commenced its operation from Umuegwu Okpula , Afugiri , Ohuhu , Umuahia , Abia State with branches scattered all over Nigeria including Lagos state and Aba.
Due to its unimaginable achievements in this ten years of glorious existence , people often refer the organization as an NGO that has done what some state government could not do” .
FREE MEDICAL CARE
Connak foundation has touched lives in these areas : Business grants , free food to communities ,free education , free street lights, building of good roads , talent hunt , free medical services and many more .
CONNAK Foundation Entrepreneurship Initiative 2022
The foundation’s entrepreneurial initiatives provide a launching platform for emerging and creative youth with limited resources or unrecognized initiatives, thereby promoting micro, small and medium enterprises.
Application for COFEI – connak foundation entrepreneurship initiative will run from 12:00 am WAT 01 May , 2022 and ends 11:59 pm West African time , 31 May , 2022.
Make sure you keep your application ID and email used for the application very safe .
You are expected to apply on time as bulk application is usally receieved .
CONDITIONS FOR APPLICATION
The following are requirents /conditions expected of you to meet before you apply for this grant
- You must a Nigerian
- Applicant must have completed his or her SSCE
- Applicant must be between the ages of 18 to 40
- Applicant must have his or her business domiciled in Nigeria
- Applicant must be able to speak English language fluently
- Applicant must attend all trainings and mentoring exercises for the programme
- Applicant must not be an employee of civil service in Nigeria
- Your business must either be a startup or not more than 5 years in existence . CHECK OUT BUSINESS IDEAS YOU CAN RUN WITH 50K AND BE MAKING 150K MONTHLY
STAGES OF PARTICIPATION FOR THE GRANTS
1 . SELECTION : 3000 shortlisted applicants will be invited to attend the online training for the period of 12 weeks
2. 300 Applicants who made it to this stage will be given access to tailored generic training in various aspects of entrepreneurship and business such as modules in business planning ( access to finance , access to market , access to competitiveness , business strategy , etc
3. Pitching : 300 applicants will be made to pitch their business ideas to the judges and from this , 150 Entrepreneurs who will receive seed capital of 5000 Dollars each will be selected .
4. Business development support :All successfully funded business including startups and existing businesses will receive six months business support based on their specific needs.
HOW TO APPLY FOR THIS GRANT
To apply for this grant , CLICK HERE
WATCH THIS YouTube VIDEO BELOW IF YOU WANT TO DISCOVER THE SECRETS TO GETTING CONNAK 5K GRANT
IMPORTANT INFORMATION TO NOTE BEFORE APPLYING FOR CONNAK GRANT : while applying for this grant , make sure you complete the registration before , upload your passport, copy out application ID, take the assessment test before leaving the site otherwise if your application is left half done , the site will automatically submit for you .
HOW TO KNOW YOU HAVE BEEN SHORTLISTED BY CONNAK FOUNDATION
Connak Foundation registration closes on 31st of May 2022. shortlisting of successful applicants has commenced already.
However , to check if you have been shortlisted click https://cofeiportal.com/CheckStatus and input your EMAIL ADDRESS AND APPLICATION ID just as it’s in the image below, your status will be displayed
HOW TO RETRIEVE YOUR CONNAK APPLICATION ID
If you could not copy out your Application ID during online registration you can still retrieve your application ID . To retrieve your Application ID CLICK HERE and input your email address
CONNAK FOUNDATION DISBURSEMENT REQUIREMENTS
For those who will shortlisted at last you must have the following to be paid
. your business must be registered with Corporate Affairs Commission
. you must have TIN -TAX-PAYER IDENTIFICATION NUMBER . To get your tax identification number kindly walk down to Federal Inland Revenue Service
. You must have business/corporate bank account with with any commercial bank in Nigeria .
. you must have bankable business plan
The person that put up this write-up is Okpara Ijezie Kingsley – I also won 500k grant from connak foundation years ago. If you need a bankable business plan , call 08060777970