Cascador, a business growth programme, plans to empower 10 Nigerian entrepreneurs with $50,000 through its 2024 Entrepreneurial and Leadership Initiative.
According to a statement, the programme, which is scheduled to be held from November 4 to 8, 2024, at Lagos Business School, offers African entrepreneurs a unique opportunity to grow their businesses and enhance their leadership skills through direct collaboration with successful American and Nigerian entrepreneurs.
“There is so much good work to be done here in Lagos. Our participants benefit from being part of a local network that supports and nurtures their growth,” Dave Delucia, Cascador Co-founder said in the statement.
He said Cascador’s program has drawn participants from across Nigeria, including major cities like Lagos, Kaduna, and Abuja, and has welcomed applicants from other African nations such as Lesotho, Kenya, and Ghana. However, its primary focus remains on Nigeria to build a strong, supportive community within the country.
“The program targets mid-stage entrepreneurs who have been in operation for at least two years and generate annual sales revenue exceeding N50,000,000,” he added.
He said it is highly selective, accepting only 10 fellows each year. This year, Cascador introduces a personal development stipend of $5,000 for each participant. Applications for the 2024 cohort close on June 30, 2024.
“Cascador’s approach includes a five-day intensive workshop followed by six months of mentorship, aiming to help entrepreneurs overcome the significant challenges of starting and running a business in Nigeria,” he added.
