Nigeria Impact Startup Relief Facility (NISRF) for post-MVP stage high-growth startups ($5,000 to $20,000 grant)

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Nigeria Impact Startup Relief Facility (NISRF) for post-MVP stage high-growth startups ($5,000 to $20,000 grant)

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.

  • You can access between $5,000 to $20,000.
  • Yes, funding received from the NISRF is 100% equity-free.

Selection Criteria

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

1 Be a company operating in Nigeria

The company is tackling an urgent social problem

3 The company is post-MVP, revenue-generating, registered with CAC

4 Can demonstrate solid financial health prior to the onset of COVID-19 (USD $60K ARR – 12 months period minimum)

5 The company has already received seed capital

6 Can demonstrate the scale of impact, or potential for future scale

7 Fall in any of these sectors: Agriculture, Critical Infrastructure, Financial Services, Health Care, Education, and with initiatives that target the informal sector.

How to Apply:
If you want to learn more and also to submit your application online, kindly follow the link below to apply

Click here to apply for the Nigeria Impact Startup Relief Facility

Application Deadline: 7th of September 2020

Source: Nigeria Impact Startup Relief Facility (NISRF) for post-MVP stage high-growth startups ($5,000 to $20,000 grant)

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