Plus Incubation Hub has officially unveiled The Plus Factor Grant Program, a transformative entrepreneurship initiative designed to identify, support, and finance high-potential entrepreneurs across Africa.
This program provides non-dilutive grant funding (no equity required), alongside market access opportunities, mentorship, and innovation-driven support to help founders build scalable and sustainable businesses.
About The Plus Factor Grant Program
The Plus Factor Grant Program is a Corporate Social Responsibility (CSR) initiative of Plus Incubation Hub, implemented by the School of Grant Success.
The program operates through a transparent, competitive, and merit-based multi-stage selection process to ensure fairness, accountability, and impact.
The full implementation runs for 8 weeks, covering evaluation, training, mentorship, and final selection of beneficiaries.
According to Eunice Alabi, Program Lead:
“The Plus Factor Grant Program goes beyond financial support. We are backing entrepreneurs with the clarity, readiness, and structured support required to build lasting businesses. By combining funding, innovation, and market access, we aim to create measurable and sustainable impact.”
Who Should Apply?
The program is sector-agnostic, meaning entrepreneurs across different industries can apply.
It is designed for:
- Idea-stage entrepreneurs with innovative, market-relevant concepts seeking seed funding
- Early-stage startups with pilots, early users, or initial traction
- Growth-stage businesses preparing to scale operations, expand markets, or improve internal systems
If you are building a scalable solution but struggling with limited access to finance, weak market visibility, or innovation gaps, this opportunity is for you.
Eligibility Requirements
To qualify for consideration, applicants must:
- Be a founder or co-founder of a startup or business
- Have either an operational business or a validated business idea
- Demonstrate strong commitment to growth and scalability
- Be fully available to participate throughout the 8-week program
- Submit a complete application before the official deadline
Incomplete applications or submissions that fail to meet minimum criteria will not proceed past the initial screening stage.
Selection Process & Evaluation Criteria
The Plus Factor Grant Program follows a three-stage competitive selection process:
Stage 1: Eligibility & Alignment Screening
Applications are first reviewed based on:
- Completeness of submission
- Clarity of entrepreneurial motivation and vision
- Feasibility and relevance of the business idea
Stage 2: Business, Market & Innovation Assessment
At this stage, evaluators assess:
- Market demand and opportunity size
- Innovation and competitive differentiation
- Sustainability of the business model
- Scalability and growth potential
- Founder’s leadership capacity
Stage 3: Final Pitch & Expert Evaluation
Shortlisted finalists will pitch before an expert review panel and will be evaluated on:
- Market and financial readiness
- Strategic use of grant funding
- Innovation impact
- Pitch clarity and execution strength
- Inclusion factors such as youth, gender, and social impact
What Selected Beneficiaries Will Receive
Successful applicants will benefit from:
💰 Non-Dilutive Grant Funding
- 🥇 1st Place – ₦1,000,000
- 🥈 2nd Place – ₦500,000
- 🥉 3rd Place – ₦250,000
- 4th Place – ₦150,000
- 5th Place – ₦100,000
🚀 Additional Benefits
- Business mentorship and structured pitch support
- Market access and brand visibility opportunities
- Innovation and operational growth support
- Investment readiness training
This comprehensive support package ensures that beneficiaries are not only funded but also strategically positioned for long-term success.
Program Timeline
- Applications Open: Now
- Application Deadline: 15th March 2026
- Program Duration: 8 Weeks (Selection, Evaluation & Training Phases)
Early applications are strongly encouraged.
How to Apply
Interested entrepreneurs can submit their applications through the official link below:
👉 Apply Here: https://bit.ly/PLUSFACTORGRANT
Applicants are advised to carefully complete all required sections and submit before the deadline to avoid disqualification.
Final Thoughts
The Plus Factor Grant Program presents a rare opportunity for African entrepreneurs to secure up to ₦1,000,000 in non-dilutive funding, alongside mentorship, innovation support, and access to markets.
If you are serious about scaling your business and creating meaningful impact, this could be the catalyst your venture needs.
