The Funke Jones Foundation has launched SheAscends Growth Capital, a grant program designed to support women entrepreneurs in Nigeria with funding, capacity building, and strategic business support. This initiative offers eligible founders the chance to access up to \u20a6100 million in growth capital, helping them scale operations, expand market reach, and accelerate business impact.<\/p>\n
Why This Opportunity Matters<\/p>\n
Access to early-stage and growth capital remains one of the biggest barriers for women-led businesses in Nigeria. SheAscends Growth Capital aims to reduce that gap by providing equity-free grants alongside strategic support, enabling women entrepreneurs to fuel growth initiatives without giving up ownership or incurring debt.<\/p>\n
This programme supports the broader vision of inclusive economic participation, women\u2019s empowerment, and sustainable business development across sectors.<\/p>\n
Who Should Apply (Eligibility Criteria)<\/p>\n
SheAscends Growth Capital is open to women entrepreneurs who meet the following core criteria:<\/p>\n
\u2714 Female founder or co-founder of a registered business in Nigeria
\u2714 Business should be operational and generating revenue (proof may be required)
\u2714 The business demonstrates growth potential, scalability, or social impact
\u2714 Founder must be actively involved in day-to-day business operations
\u2714 A clear business case or plan outlining how grant funding will accelerate growth<\/p>\n
Specific eligibility requirements and sector priorities may be listed in detail on the application portal.<\/p>\n
Benefits & Grant Support<\/p>\n
Selected women-owned businesses will gain access to:<\/p>\n
\ud83d\udcb0 Growth Capital (Up to \u20a6100 Million)<\/p>\n
Equity-free funding to invest in expansion, systems, market penetration, talent, or technological enhancements.<\/p>\n
\ud83d\udcc8 Capacity Building<\/p>\n
Structured business development support, including mentorship, strategic planning, financial management guidance, and growth coaching.<\/p>\n
\ud83e\udd1d Networking & Market Access<\/p>\n
Opportunities to connect with mentors, investors, corporate partners, and peers \u2014 strengthening ecosystem relationships and referrals.<\/p>\n
\ud83d\ude80 Business Visibility & Recognition<\/p>\n
Showcase opportunities through Funke Jones Foundation platforms and partner networks, amplifying exposure to customers and potential collaborators.<\/p>\n
How to Apply (Step-by-Step)<\/p>\n