Bosun Tijani announces first beneficiary of the SeedForty Program, Esther Emmanuel, a trader wins N100,000

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Esther Emmanuel, a trader with four kids, residing in the Mowe-Ibafo area of Ogun state, has been announced as the first beneficiary of the SeedForty initiative created by Bosun Tijani of CCHUB.

Earlier this year,  the CCHUB founder, announced the start of a social enterprise he will be chairing to foster the growth of micro-enterprises and create a community of mentors who are willing to dedicate time and resources to  micro-enterprises in the society. He called it SeedForty.

 “2017 is an important year for me and I have decided to mark it with a social experiment that might inform something exciting #seed40 1/3″

— ‘Bosun Tijani (@bosuntijani) January 29, 2017

According to him, SeedForty will identify and invest in micro-enterprises through an informal network of mentors. Now the interesting part is, any small business can be nominated by a mentor who is inspired and willing to devote time and expertise to help such business grow.  SeedForty has no bias towards any kind of business as long as it is a micro-enterprise. That is, a business as small as the roadside Fried yam/Roasted plantain business, can be nominated by an inspired mentor.

Apply to win up to 5million Naira loan for your business with the Lagos State Employment Fund

In announcing the first beneficiary of the scheme, Mr. Tijani took to his Facebook page to announce, “Meet Esther – Seedforty’s microentrepreneur of February 2017 mentored by Oluseun David Onigbinde.” Apparently, Mrs. Esther was identified and nominated by BudgIT’s founder, Oluwaseun Onigbinde.

To benefit from this, a micro enterprise has to be nominated by a mentor who applies on behalf of the business owner. Direct application by entrepreneurs will be disregarded.

As part of the application process, the mentor uploads a 5-minute video talking about the business, how he/she (mentor) intends to support and in what ways will the 100,000 Naira grant help the business grow.

The scheme will only fund just one micro enterprise every month. Applications can be submitted anytime during the year.

Are you a mentor with a micro enterprise you would like to nominate? Then you can apply here.

happywheels

I'm interested in stories, news and opportunities for African entrepreneurs. Be it tech, fashion, SMEs; breaking entrepreneurship stories is the next best thing that can happen to me, after Jollof

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