Deadline: 3 January 2024
Orbit Innovation Hub is now accepting applications for its Sustainable Employment through Entrepreneurship and Enterprise Development (SEED) program in partnership with the Mastercard Foundation, a project led by the Entrepreneurship Development Institute (EDI) with a consortium of five organizations!
The Program aspires in creating Dignified and Fulfilling Jobs for 1 million youth and women in Ethiopia.
Program Benefit
- Tailored Training and Consultation (on the topics of Design Thinking, Business Modeling, Financial Planning and Management etc.)
- Access to Finance
- Market Linkage
- Knowledge Share and Networking Opportunity
Eligibility Criteria
- If you are an entrepreneur under the age of 35 with a bright idea, they encourage you to apply.
- Applicants must have a business idea or an exciting business with not more than two years in business.
- Applicants must be residents of Ethiopia.
- Applicants can apply either individually or as a team, with a maximum team size of three members.
- Applicants must have completed at least 10th grade of education.
Exclusion Criteria
Applicants with business ideas or ventures that fail to meet social, environmental, and governance compliance criteria, including:
- Businesses related to alcohol, tobacco, and drugs.
- Manufacturers of weapons and involvement in war-related activities.
- Gambling and betting enterprises.
- Industries associated with explicit sexual content.
- State-owned businesses.
- Applicants seeking funding for unlawful or political purposes.
- Applicants who have already received funding from Orbit Innovation Hub or other programs supported by the Mastercard Foundation.
- Applicants whose business ideas or ventures are owned by more than three individuals.
For more information, visit Orbit Innovation Hub.