To help address the issues of funding for the budding entrepreneurs, AGDC, under the IGNITE initiative, partners with The Chair Centre Group and Lagos State Government, to commission the conduct of a crowd sourced contest called IGNITE BUSINESS IDEAS CONTEST aimed at identifying One Thousand One hundred (1,100) innovative and viable business ideas.
Each of the One Thousand one hundred (1,100) winners will receive a sum of N100, 000 (One hundred thousand naira only) as seed capital to progress their business ideas and also benefit from 1 year business management mentoring by some members of the screening & selection committee.
Out of the 1,100 winners, The Chair Centre Group will provide the seed capital for 100 winners while Lagos State Government will provide seed capital for the remaining 1,000 winners.
The submitted business ideas will go through a screening process by a Screening and Selection Committee carefully selected from varying industries across the nation.
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