In one of our posts, we analysed some amazing ways of funding startups which grant was well spelt out.
Popularly known as BHL, Babatunde Hakeem Lawal has come out boldly to help SMEs to get a lot of grants to fund their businesses.
Getting grants is not always about the business idea only. It is a mastery. It is all about story telling. It is all about figures. The source, information and access to organisations offering grants is key.
BHL claimed all his businesses was and still funded by grants. In his words;
Fast-forward to 2020 I have funded all my businesses with OVER 6 grants (capital you don’t pay back) in thousands of dollars from both local and international organizations including the likes of the Aso-villa Demo Day, World Bank-GEM project, Tony Elumelu Foundation and so on, with all-expense paid trips and business training among several other opportunities.
In his quest to help SMEs get grants to fund or scale their businesess, he has released a free video tutorial on his co-founded platform, Lerenbox.
The free video which is about 60min in length exposed the strategies, story telling and mastery behind getting grant funds.
Grant is a free equity capital given to businesses and organsisations to startup or scale their business ideas or research works.
One of the popular grant award organisation in Africa, Tony Elumelu Foundation application is still open.
To get to know more about the TEF grant application, you can get started with tefconnect.