How to Apply for the 2020 Access Bank Womenpreneur Pitch-a-ton Africa Grant Competition
HOW TO APPLY FOR THE 2020 ACCESS BANK WOMENPRENEUR PITCH-A-TON AFRICA GRANT COMPETITION
How to Apply for the 2020 Access Bank Womenpreneur Pitch-a-ton Africa Grant Competition
Launched in 2019, the Access Bank Womenpreneur Pitch-a-ton Africa Grant Competition was the first women-in-business support initiative of its kind in the industry offered by the Access Bank W Initiative. The program in its maiden edition provided financial grants worth N9Million to the top 5 applicants with a free mini MBA certification for 50 women entrepreneurs in Nigeria. This it did in conjunction with the International Finance Corporation (IFC, a member of the World Bank Group). This year, the program is being extended to 6 other African countries where Access Bank’s W initiative has its presence. These countries are Nigeria, Ghana, Rwanda, Zambia, Sierra-Leone, Gambia and Congo hence the tag name “Womenpreneur Pitch-A-Ton Africa”.
The 2020 Edition of the Access Bank womenprenuer is out and application are already been received. Obviously, as the name suggest, it’s an application for women but if you are a man reading this, I presume you have a mother or mother figure in your life. For some of us, we have mothers, sisters, daughters, wife, girlfriends, and what have you. What I am simply saying is, there is someone definitely in your life who you should be sharing this article with. Just send them the link, they will be glad you did.
Now, before I talk on how to apply, let me first settle the question of why you (if male, why your mothers, sisters, daughters, wife, girlfriends) should apply.
- There is N5 million cash up for grab for the 5 winners of the Pitch-a-ton Africa Grant Competition.
- There is a world-class training worth hundreds of thousands for the 50 finalists who get selected. The training program is designed as a 3-month period incorporating pitching sessions and 8 weeks of mini-MBA training in collaboration with the International Finance Corporation (IFC).
- Intense publicity for your business. This can’t be valued. Like Grant Cordone, one of the best sales trainers of our time will say, the biggest problem any business has is obscurity and any platform that enables you to get word out about your business should be embraced. You can never tell how many persons will see your business and be interested in what you do. Possible investors, high paying clients, new team members are just a word away from you.
- Opportunity for business growth. What do I mean by this? The fact that you learn to articulate your business, put your thoughts into writing, is a great benefit. It will surprise that you that lots of businesses do not have any written description about their business. In order to encourage this, my organization has earmarked to do at least 50 business brochures for folks this month of July alone. See a sample some of our work here.
I think I should explain this point much more. The Access Bank Womenpreneur Pitch-a-ton Africa has a section for stating if your business is registered or not, if you have a website or not, if you have an access bank or not. So, its just normal to use this opportunity to get those things done. Some business also not have any track-record or traction. How about your social media accounts? Definitely, you see that beyond money, applying for a grant opportunity or any competition has other ‘immediately’ non-monetary value that can bring you money subsequently.
- You can actually win it, if you apply and apply well. Having listened to stories of several grant winners, won some myself, and helped other win, I know that almost anyone who is keen on applying for and applying well for grants can get. I will just mention some of the attributes I think you need here. A subsequent post will explain them. First, determine to apply! Show or demonstrate why you should be selected. Be as clear as possible. Brag but don’t over impress. Get all the help you can. Review as many times as possible. Submit on time.
Before we start with how to apply or the give you the question, here are the process to getting rewarded.
PROCESS TO GETTING REWARDED
pitch your business
Here are the questions to be filled in the application;
Tell Us About Yourself (Personal achievements etc.)
PBA Comment: This is perhaps the first place to get your assessor interested in you and your business. You use the power of stories here. Make it simple, engaging and as factual as it can be. Talk about your failure (and what you learnt from them), successes you are most proud of, your aspiration and your wildest dreams. If they connect with your present business, its good but if not, it’s no problem. Although there is no word count, anything less than 100 words shows you are not that inspired, more than 600 or so is becoming a thesis. Between 200-450 words is the ideal.
And Now Your Business.
please fill all fields…
Is your business registered? Yes or No
PBA Comment: This is definitely why if you believe in any business idea you have, then get it registered. It’s a clear sign that you believe in what you are doing and planning to make it big. You can contact us if you need help with registering your business.
Where is your business located?
Country. Eligible countries are Nigeria, Ghana, Rwanda, Zambia, Sierra-Leone, Gambia and Congo, Mozambique,
State. Select drop-down menu.
Here are the sector included
Agriculture, Beauty, Education, Fashion, Food, Health, Hospitality/Tourism, Manufacturing, Technology, Others (Please specify)
PBA Comment: Fill as appropriate.
When did you start your business?
Less than a year, 1-3 years, 3 years and above
PBA Comment: Between 1-3 years is most safe but if less than 1 year or more, you can fill as appropriately.
Do you own and manage the business? Yes or No
PBA Comment: Definitely, your answer should be Yes. If any reason, you have to say No, then speak with us to clarify the issues.
What is your job title?
Founder, CEO, Director, Manager, Employee, Others (Please specify)
PBA Comment: Founder, CEO, Director, Manager is best. Anything else is not best for you.
Do you work full time or part time on your business? Full time or Part time
PBA Comment: If there is anything more than full time, that should be your answer. But since there is none, just pick full time.
Tell us about your business
Not more than 500 words
PBA Comment: There is a formula for doing this and I will explain. You start with clearly stating what problem your business is trying to face. At least, it best if it is one or a combination of the SDG 17 Goals. Then state the possible solution and state how you are already passionately solving the problems and are best equipped to keep solving the same. Brag some on what you do and the impact it has on your customers, staff, and community. Then begin to talk about the revenue and profitability of your business (to show sustainability), the state an idea what directions your business is working towards. Use facts, stories and examples within the word limit. I usually encourage this should be written after an elevator pitch.
Unique Selling Point (What is special about your business? What problem does it solve?)
Elevator Pitch (Sell your business to an investor in 1 minute)
Not more than 500 words
PBA Comment: This usually should begin with a teaser. You want to arouse attention. You want to state what vacuum your business is filling and how it MUST be filled so your business must keep existing and thriving. You want to elicit emotions, sometimes of fear, of joy, of fulfilment depending on your business. Again, use facts, stories and examples within the word limit.
How many employees do you have?
PBA Comment: Fill appropriately. But ensure your story in your business description and/or elevator pitch section aligns with this.
What is your turnover?
Less than N1m
N1m to N4m
PBA Comment: As much as your turnover is important, it is not a judgement call if your business is not earning as much as you would love yet. Be as factual as possible. your story should show potential for growth and impact.
What plans do you have for your business in the next year?
PBA Comment: This is very important. As much as you must be modest, yet you must reach for big goals. You must state your goals in terms of revenue, customer acquisition, employee acquisition or retention, impact and increased profitability.
Do you have an Access Bank account?
Yes, I have an account in my business name
Yes, I have an account in personal name
or No, I do not an account.
PBA Comment: You should have one. If not business, at least a personal account should do.
Please tell us how you heard about this programme?
PBA Comment: Fill as applicable
Do you have a website for your business?
PBA Comment: You should have a No here for any reason. Even if tonight is the deadline for application and you are submitting right now, then just do a Google My Business account or company’s LinkedIn account.
If yes, what is your website’s URL?
PBA Comment: Fill in as appropriate.
Input the link to your Instagram/Facebook page
PBA Comment: Again, this is specifically for your social media pages. Fill in the most used and active first but you can fill as many as you have.
Did anyone help you to fill this form? Yes or No
PBA Comment: Obviously, the answer here is No, except you do have some form of disability that will not permit you to fill it yourself.
If selected, will you be able to attend the mini MBA training in Lagos?
PBA Comment: This a Yes, please even if you think you might difficulty coming. Get selected first, we hear your story later.
If No, why?
Read, Accept/Decline Terms & Conditions
Hi! Trust the time has been worth it. Please ensure you share this with all the women in your life. You are definitely been a stepping stone to someone’s success. Lastly, I encourage you to drop a comment below to help us know how valuable the work has been too. We hope to hear from you. All the very best in your application. You can Check out our previous post on the application here. Here is the link to the application portal.
Related Keywords: Access Bank, Womenpreneur Pitch-a-ton Africa, 2020 Edition, mini MBA training, Female Entrepreneurs, Grant Competition, Business Pitch, How To, Application Guide, Grant Competition in Africa.
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