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The top source for entrepreneurial information in Nigeria

Registration and Licensing Requirements for a Cake Business

Navigating the regulatory framework is paramount for establishing a cake business in Nigeria. It involves understanding licensing procedures, complying with health and safety standards, and ensuring that your cake business is rightly positioned to scale. Registration and Licensing Requirements for a Cake Business in Nigeria 1. Registration with the Corporate Affairs Commission (CAC): One of the key registration and licensing requirements for your cake business is registering your business name with CAC. Before you adopt a Business Name or Limited Liability, ensure you understand the tax implications and filing requirements for both before you make a selection. To register a business name in Nigeria, take the following steps: However, the steps are a bit different if you want to register a Limited Liability. These include: Read: Documents for Opening a Corporate Account in Nigeria 2. Food Handlers Test: The food handlers test is designed to ensure that those tasked with handling food do not pose any risk to others. Hence, you are required to conduct a food handlers test for your staff who handle and interface with food, drinks and confectioneries. This test should be done every 6 months with a government approved medical laboratory or hospital and you will be given a certificate for it. The test covers relevant past medical history, physical examination and laboratory examination. 3. National Agency for Food & Drug Administration (NAFDAC) Certification: If you are customising cakes and selling to individuals, you will not be needing NAFDAC certification. If you are packaging cakes to supply to stores, NAFDAC certification becomes necessary. For more information on the processes for getting a NAFDAC registration number for your cake business, download this comprehensive business guide. Also Read: Equipment Required for Starting a Cake Business

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SME Growth Lab x Bujeti Digital Accelerator Program

SME Growth Lab Africa, a Digital Accelerator Program committed to supporting Small and Medium Enterprises across Africa, has partnered with Bujeti to bolster the growth and sustainability of SMEs in Africa. SME Growth Lab Africa is for SMEs operating in emerging communities in Africa. The accelerator program helps SMEs get equal access to business training, support, mentorships, and community events. Launched in 2022, the program has helped over 5,000 business owners from 30 African countries improve their operations, increase their revenues, and create jobs. Benefits of the Digital Accelerator Program Application Criteria For more information, click here. Apply here on or before 27th of October 2023.

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IFC She Wins Africa Program for Women Entrepreneurs

The IFC She Wins Africa is a program designed to assist women entrepreneurs across sub–Saharan Africa by offering training, mentorship and networking opportunities that will help their startups succeed. African women have the highest rate of entrepreneurial activity in the world at an estimated 24% and are more likely to start businesses than their counterparts in other regions in the world. However, several factors persistently hinder the potential of female founders and entrepreneurs in Africa. These include lack of access to startup capital, lack of access to start-up support ecosystems and networks that deliver capacity building support and lack of knowledge and expertise to implement gender-lens investing strategies among venture capital firms and funds. IFC She Wins Africa aims to address these challenges and improve opportunities for women-led startups to access financing. Benefits of the IFC She Wins Africa Program Application Requirements for the IFC She Wins Africa Program Prospective participants must meet the following criteria: N/B: IFC She Wins Africa participants must be available to attend online training sessions and travel to networking events during the next 12 months. Please note that IFC will only cover flight and hotel expenses for the duration of the program. Click here for more information about the program. Apply here. Also apply for: BATN Foundation Farmers for the Future (F4F) Grant 2023  

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MTN MoMo Hackathon 2023 ($10,000) Prize

Unleash your coding genius and demonstrate your skills at the MTN MoMo Hackathon 2023! MTN MoMo Hackathon 2023 is inviting companies, entrepreneurs, and developers from across the continent to participate in its  3rd MoMo API Hackathon. This event provides a unique opportunity for developers based in Ghana, Uganda, Ivory Coast, Cameroon, Rwanda, eSwatini, Congo Brazzaville, Guinea Conakry, Zambia, Benin, South Africa, South Sudan, Liberia, and Nigeria to showcase their creativity and innovation by leveraging the MTN mobile money (MoMo) API platform. By joining the MoMo API Hackathon, you’ll have the chance to create groundbreaking financial applications that will accelerate financial inclusion and drive the digitization of payments in Africa. MTN MoMo Hackathon Submission Guidelines Please follow these guidelines to make your idea submission:  Your idea submission must include the following:  Please follow these guidelines while making your final project submission:  MTN MoMo Hackathon 2023 Prizes Deadlines for the MTN MOMO Hackathon Idea submission phase: Sep 03, 2023, 10:59 PM WAT Project submission phase: Oct 09, 2023, 10:59 PM WAT For more information, click here. Apply for the Hackathon here.

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2023 African Storytelling Contest

The Global Landscapes Forum (GLF) and the Youth in Landscapes Initiative (YIL) are hosting a storytelling contest for young Africans to unleash their creativity and share their visions for thriving landscapes across the continent. Let your imagination run wild and your story unfold! What is the African Storytelling Contest? Do you have a powerful story to share about your vision for a thriving Africa where landscapes are healthy, communities prosper, and justice prevails?  The African Storytelling Contest believes that storytelling has the power to ignite change, inspire action and connect people across borders. After an incredible storytelling contest last year featuring stories from every corner of the continent, the 2023 Africa Youth Storytelling Contest will provide a platform for your visions to reach a global stage. Benefits of the African Youth Storytelling Contest The top 10 to 15 entries will be featured on their website and social media channels, as well as during GLF Nairobi 2023, reaching thousands of people gathered in person and online to forge a brighter future for the world’s landscapes. Apart from the incredible opportunity to showcase your talent and share your vision with a global audience, the three best stories will receive prizes of EUR 500, 300 and 200 respectively. Eligibility Requirements The contest is open to anyone between the ages of 18 and 35 born and/or currently living in Africa or part of the African diaspora. How to Apply for the African Storytelling Contest Your story should revolve around the key themes of a thriving Africa, including but not limited to food sovereignty, thriving food systems, biodiverse landscapes, land tenure, ecosystem restoration, gender, climate justice, Indigenous rights, community-led action, youth leadership and sustainable finance.   Explore the interplay between healthy landscapes and vibrant communities, the pursuit of justice and equity, and pathways to prosperity for all Africans. Share your ideas, hopes, and dreams for a future that embraces community, collaboration, inclusivity and resilience. Diverse range of storytelling forms that capture the essence of your vision for a thriving Africa are welcomed.  Application Tips Submitting your entry is a breeze!  In case you want to send your video or audio story in any language other than English, please also provide an English transcript in the relevant part of the application form. For more information about the contest, click here. Submit your story here on or before 31 August 2023.

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Creative Business Cup Nigeria 2023 (N1 Million Grant)

Creative Business Cup is much more than just a competition – it is a global year-round initiative that empowers entrepreneurs in the creative industries, helping them grow their business ideas, connecting them to investors and the global markets, and strengthening their innovative capabilities to the benefit of industry and society. The Creative Business Cup provides an opportunity to get exposure and to meet industry partners and investors. Why Creative Industries? Because creative industries contribute significantly to economic growth and employment worldwide. It also helps develop new and innovative solutions to challenges faced by traditional industries through cross-sector innovation, thereby creating a more dynamic and competitive society. The purpose of CBC Nigeria is to empower not only the participating startups but the creative startup community throughout Nigeria. Sectors Creative Business Cup Nigeria Eligibility Criteria Benefits Application deadline is Monday, September 4th, 2023. For more information, click here. Click here to apply.

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Art for Well-Being Competition ($1000 Grand Prize)

The 2023 application for the Art for Well-Being Competition is open. The competition has three categories: film, video and design through which judges want to see you express yourself and answer the question “What does well-being mean to you?”.   Quality and relevance to the five domains of adolescent well-being will be crucial for successful entries to the competition and selected masterpieces will be featured at the Global Forum for Adolescents itself, at major events leading up to the Global Forum such as UN General Assembly in New York and throughout the 1.8 Billion Young People for Change campaign. Submissions are accepted until 2 July 2023, with winners decided through social media and jury votes, and announced at the Global Forum for Adolescents, 11-12 October 2023.   Young people worldwide between the ages of 10 – 24 years are eligible to apply. You can enter into the Art for Well-Being Competition through any of these formats: Prizes 1st Prize: USD$1000 2nd Prize: USD$500 3rd Prize: USD$250 You can find more information about the competition here. Click here to apply.

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Breakthrough Junior Challenge ($250,000 Prize)

The Breakthrough Junior Challenge is an annual global competition for students to inspire creative thinking about science. Students ages 13 to 18 from countries across the globe are invited to create and submit original videos (2:00 minutes maximum) that brings to life a concept or theory in the life sciences, physics or mathematics. The submissions are judged on the student’s ability to communicate complex scientific ideas in engaging, illuminating, and imaginative ways. The Breakthrough Junior Challenge Prize If your video is chosen as the Winner, you will receive: $250,000 Post-secondary scholarship; $50,000 Prize for your teacher, and $100,000 Breakthrough Science Lab. The Breakthrough Prize was created to honour important advancements in the categories of Fundamental Physics, Life Sciences and Mathematics. The Breakthrough Prizes are sponsored by foundations established by Sergey Brin, Priscilla Chan and Mark Zuckerberg, Yuri and Julia Milner, and Anne Wojcicki. The Breakthrough Prize aims to celebrate the best scientific work and inspire the next generation of scientists. How to Participate in the Breakthrough Junior Challenge Step 1: Select a theory, concept, or principle in physics, life sciences, mathematics. One that’s important to understand but challenging to explain. Step 2: Create a short video (no more than 2:00 minutes) to communicate the idea in an engaging, illuminating, and imaginative way. Be creative! Consider using visual tools in your video, such as animations, simulations, or physical demonstrations. Step 3: Submit a YouTube video link in your application and join the Breakthrough Facebook page. Share your video on your own Facebook page too. Take part in the Peer-to-Peer review, where you get to view and score the submissions from five (5) other contestants. Timeline Find more information about this Challenge here. Click here to apply.

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Water Science Policy Photostory Competition

Are you an individual who loves telling meaningful stories with photos? Then, you should apply for the Water Science Policy Photostory Competition. You stand a chance to win €400, and your photos featured in a global photobook and displayed in New York during the UN 2023 Water Conference. Building on UNESCO’s cross-disciplinary mandate on culture, education and natural sciences, Water Science Policy, under the patronage of UNESCO’s World Water Assessment Program, is facilitating this photostory competition. It is intended to: Prize Details The winning submissions of this competition wield the power to inspire millions by telling stories of how people come together to improve water resources, connect the unconnected, celebrate life and value nature. The three winners will be officially announced on 10th February 2023 and receive a financial prize. The top 15 winning pieces will be exhibited at the UN 2023 Water Conference in New York, March 2023, a prestigious event which will shape the way we manage water over the next decade. All submissions will be considered for inclusion in a photo book and for publication via Water Science Policy’s website. Anyone published receives a free photo book. Rules of Submission Think this is for you? Submit your photostories to em.harrigan@unesco.org on or before 1st February 2023. To read more about this opportunity, visit its official website here.

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