Centre to empower startups with N13m

August 17, 2025 by Damola Kola-Dare

The Grooming Endowment Trust Grant Programme (GETGP) has opened applications for its N13 million grant aimed at empowering start-ups in the country.

The programme is   expected to run from August to October 2025.

Speaking at a press conference, Deputy Manager, HR& Admin CREM, Mrs. Lydia Aromolaran, said for  this year the top five outstanding  businesses  would receive N2 million each and10 winners would also receive N300,000 as consolation prize each after a pitching session.

She stated that more than N38 million has been disbursed since the programme started in 2022.

“At the GET 4.0 2025, top five businesses would receive two million each and10 winners would also receive N300,000 as consolation prize each after a pitching session.

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“Since the inception of the programme we have disbursed over N38 million to 45 winners , while this year’s amount will take the total sum to over N50 million and 60 winners. We want startups to leverage this opportunity to come into our ecosystem where they will get access to business clinic advisory sessions,” she said.

According to her, the primary objective of the grant programme is to provide financial assistance, relevant skills to business owners to scale up, and navigate the business environment.

As part of the criteria  applicants must be at least 18 years old while their business must have been in operation for three years, they must ensure that their businesses are  duly registered with the Corporate Affairs Commission (CAC) and must be available to attend a two-week workshop in Lagos.

To recommend businesses for the grant, a technical committee was instituted. The committee is to screen business pitches and ensure they meet the required standard and quality.

The Technical committee members promised to bring their experience to mentor startups because some die early.

“The programme has impacted attendees lately. GET helps participants in their business. We pick outstanding people with brilliant, distinct proposals and we will ensure the winners utilise the grant well,” they said.