Brave Woman Empowerment 2023 registration is now ongoing, apply now. BRAVE Women Nigeria allows you to access up to $40,000 – $50,000 to invest in the innovative ideas, skills & talents of Nigerian youths aimed at turning them into entrepreneurs, wealth creators, and employers of labour. The BRAVE Women Program is a 5-year multi-donor fund implemented in Yemen, Nigeria, and Burkina Faso.
About BRAVE Women Nigeria
Business Resilience Assistance for Value-adding Enterprises for Women in Nigeria (BRAVE Women Nigeria) is part of the Women Entrepreneurs Finance Initiative (We-Fi) funded through the Islamic Development Bank-funded. Nigeria’s Bank of Industry is executing it. It combines training elements for 600 firms and grant-matching for 500 women-led SMEs, 20-30 lead firms, and ten business associations to support growth and resilience. The Project seeks to enable an empowering business environment for women entrepreneurs in Nigeria and strengthen their resilience. This phase of the Project is being implemented in Lagos and Abuja.
Are you a woman-owned or woman-led SME?
Is your business in the Aric, Textile, Energy, Education, and Health sector?
Is your business operation in Lagos and Abuja?
Register to become a BRAVE women beneficiary today
Brave Woman Empowerment 2023 Available Grant
- Women-owned/led Small and Medium Scale Enterprises (SMEs)
Lagos and Abuja only
The implementation of this round of applications is subject to approval from the donor.
Available Grant: $5,000 – $15,000
- Must be located in any of the project states (Lagos and Abuja)
- Women-owned SMEs are those SMEs in which women own 51% or more shareholding in the enterprise.
- For Women-led SMEs, women must own at least 20% of the shares.
- The enterprise must also have at least one woman in top management positions (COO/CEO/President/Vice President) or 30% women membership in the Board of Directors (where the board exists).
- The SMEs must be active in the business sectors of agri-business, education, health, textile/garments, and energy
- Must have between 2 and 100 staff.
- Must not be involved in providing financial services and charging interest (like conventional banks, and insurance companies) or involved in any other business not approved under the Shari’ah (including the manufacturing, selling or offering of liquors, pork, haram meat, or involvement in gambling, night club activities or pornography.
- Registered enterprises (business name, partnership or limited liability company) are preferred, but if you are in the process of registering with CAC and have evidence of business operations for the past 12 months, you can still register and submit your application.
2. Lead Firms
Available Grant: $40,000 – $50,000
- Lead firms are large companies with commercial relationships with at least 20 Micro, Small, and Medium Scale Enterprises MSMEs.
- They buy finished products or semi-processed products from the MSMEs and are active in the business sectors of agri-business, education, health, textile/garments, and energy.
- They can be located in any part of Nigeria but must have dealings with MSMEs in at least one of the project states of Lagos and Abuja.
- The lead firm must also have commercial business with at least two major actors in its business sector value chain.
3. Business Associations & Cooperatives
Available Grant: $40,000 – $50,000
- Business Associations must have many active members and provide services to them in the business sectors of agri-business, education, health, textile/garments, and energy.
- The business associations must provide training, market expansions, cost-saving innovations services, etc. to members and represent their interests at state and national levels.
Lagos and Abuja only
The implementation of this round of applications is subject to approval from the donor.
BRAVE Women Nigeria
Third Floor,
BOI House,
Independence Avenue,
Central Business District,
Abuja, FCT
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