Finofund has launched a project competition for Nigerians. Finofund is a crowdfunding platform making an entry into the Nigerian market to solve problems that ideal with funding of the thousands of innovative projects. With relative success recorded by other crowdfunding platforms especially in Europe and America, Finofunding has brought a similar model of crowfunding but with new strategies, that makes it relevant in the local market.
Finofind will solve to major problems: which are to solve the problem of finding backers for projects initiated by innovative hands or entrepreneurs and to create a culture of investment amongst the average Nigerian. In addition, it will be a platform for idea validation, proof of concept and customer preorders as ideas would go through multitude of scrutiny to get backers. It also seeks to create jobs with every successful project accepted and backed.
Competitors will be required to come up with innovative projects that they have been working on. Individuals and teams can also participate.
WORTH
- The best 20 projects will be invited to launch ceremony to pitch their projects to investors
- Afterwards, these projects will be launched on the website to open it up for public funding
- The best five successfully funded projects will then be provided project support to get their projects off the ground.
ELIGIBILITY
- Nigerians and resident in Nigeria
- 18 years and above
- Have a valid form of identification such as school ID cards, National ID card, Driver’s license or international passport.
DEADLINE: 28th March, 2015
To apply and for more information visit here
