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Enle
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June 4, 2025
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3:42 pm -
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Enle
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June 4, 2025
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3:42 pm -
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Latest Post
What Investors Want: Building Financial Projections That Impress
June 24, 2025
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Investor Expectations: What They Really Want from Your Financials If you’re pitching to investors, your financial projections matter—a lot. But more than big numbers, investors want clarity, realism, and evidence that you know what you’re doing. Angel investors may look for signs of short-term profitability. Venture capitalists tend to zoom out, focusing on scalability, long-term growth, and how well your projections align with broader market dynamics. Either way, your projections need to be thoughtful and grounded in reality. It helps to present more than one possible outcome—think best case, worst case, and what’s most likely. Back those scenarios with data,
Equity vs. Debt: What’s Right for Your Stage of Business?
June 18, 2025
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Understanding Equity and Debt Financing In the realm of startup finance, the choice between equity and debt financing is important for entrepreneurs looking to grow their businesses. Equity financing involves selling a portion of the company in exchange for capital, while debt financing entails borrowing funds that must be repaid with interest. Understanding these two financing alternatives is crucial in shaping a company’s capital structure, especially in the early stages of business development. Equity financing often includes avenues such as venture capital and angel investing. Venture capitalists provide substantial investment and often seek a significant ownership stake in exchange for
How to Qualify for Government and NGO Grants in 2025
June 15, 2025
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If you’re running a small or growing business in Nigeria, access to grants can be a game-changer. Unlike loans, grants are non-repayable—and many are now targeted specifically at entrepreneurs like you: early-stage, impact-driven, and building in high-priority sectors. But here’s the truth: most founders don’t get funding because they don’t know how to position their business for grant eligibility. At Finance by Enle, we help founders unlock funding by building credibility and clarity. Here’s how to make yourself grant-ready in 2025. ✅ 1. Understand What Grant Funders Look For Grants aren’t just free money—they’re investments in impact. Most grant providers want to fund: ✅ 2. Formalise Your Business First Register your business with CAC (Corporate Affairs Commission). This is a non-negotiable for almost every grant. Also: These steps show that your business is legitimate, trackable, and ready to receive funds. ✅ 3. Build a Simple but Strong Business Plan You don’t need a 50-page document. What you need is clarity: A clean, well-structured plan shows funders that you’re ready to execute with discipline. ✅ 4. Track Small Wins and Early Impact Even if you haven’t raised capital or scaled, you should be able to show: These small wins make a big difference in showing traction. ✅ 5. Choose Grants That Match Your Stage Don’t apply for a ₦20 million innovation fund if you’re still testing your idea. Start with: Securing a grant requires dedication and careful planning. By following these steps and tailoring your approach to each specific funder, you significantly increase your chances of success in obtaining the necessary funding for your project in 2025 and beyond. Remember to start early, be persistent, and always strive for excellence in your application. If you want help with positioning, planning, or writing your grant application: 👉 Book a Free Funding Consultation with our team. If you’re running a small or growing business in Nigeria, access to grants can be a game-changer. Unlike loans, grants are non-repayable—and many are now targeted specifically at entrepreneurs like you: early-stage, impact-driven, and building in high-priority sectors. But here’s the truth: most founders don’t get funding because they don’t know how to position their business for grant eligibility. At Finance by Enle, we help founders unlock funding by building credibility and clarity. Here’s how to make yourself grant-ready in 2025. ✅ 1. Understand What Grant Funders Look For Grants aren’t just free money—they’re investments in impact. Most grant providers want to fund: ✅ 2. Formalise Your Business First Register your business with CAC (Corporate Affairs Commission). This is a non-negotiable for almost every grant. Also: These steps show that your business is legitimate, trackable, and ready to receive funds. ✅ 3. Build a Simple but Strong Business Plan You don’t need a 50-page document. What you need is clarity: A clean, well-structured plan shows funders that you’re ready to execute with discipline. ✅ 4. Track Small Wins and Early Impact Even if you haven’t raised capital or scaled, you should be able to show: These small wins make a big difference in showing traction. ✅ 5. Choose Grants That Match Your Stage Don’t apply for a ₦20 million innovation fund if you’re still testing your idea. Start with: Securing a grant requires dedication and careful planning. By following these steps and tailoring your approach to each specific funder, you significantly increase your chances of success in obtaining the necessary funding for your project in 2025 and beyond. Remember to start early, be persistent, and always strive for excellence in your application. If you want help with positioning, planning, or writing your grant application: 👉 Book a Free Funding Consultation with our team. Enle June 15, 2025 9:25 pm If you’re running a small or growing business in Nigeria, access to grants can be a game-changer. Unlike loans, grants are non-repayable—and many are now targeted specifically at entrepreneurs like you: early-stage, impact-driven, and building in high-priority sectors. But here’s the truth: most founders don’t get funding because they don’t know how to position their business for grant eligibility. At Finance by Enle, we help founders unlock funding by building credibility and clarity. Here’s how to make yourself grant-ready in 2025. ✅ 1. Understand What Grant Funders Look For Grants aren’t just free money—they’re investments in impact. Most grant providers want to fund: Businesses solving real problems (education, agriculture, tech, women empowerment, etc.) Companies with job-creation potential Ventures with social, environmental, or community impact Startups with growth potential but limited access to traditional capital ✅ 2. Formalise Your Business First Register your business with CAC (Corporate Affairs Commission). This is a non-negotiable for almost every grant. Also: Open a business bank account Get a Tax Identification Number (TIN) Set up basic bookkeeping or financial tracking These steps show that your business is legitimate, trackable, and ready to receive funds. ✅ 3. Build a Simple but Strong Business Plan You don’t need a 50-page document. What you need is clarity: What problem are you solving? Who are your customers? How do you make money? What would you use the grant for? What results do you expect? A clean, well-structured plan shows funders that you’re ready to execute with discipline. ✅ 4. Track Small Wins and Early Impact Even if you haven’t raised capital or scaled, you should be able to show: Early sales or partnerships Customer testimonials A pilot or MVP Social proof (media, testimonials, certificates) These small wins make a big difference in showing traction. ✅ 5. Choose Grants That Match Your Stage Don’t apply for a ₦20 million innovation fund if you’re still testing your idea. Start with: Local business development grants Women/youth entrepreneurship schemes Industry-specific programs (e.g., agric, climate, health, tech) Securing a grant requires dedication and careful planning. By following these steps and tailoring your approach to each specific funder, you significantly increase your chances of success in obtaining the necessary funding for your project in 2025 and beyond. Remember to start early, be persistent, and always strive for excellence in your application. If you want help with positioning, planning, or writing your grant application: 👉 Book a Free Funding Consultation with our team. If you’re running a small or growing business in Nigeria, access to grants can be a game-changer. Unlike loans, grants are non-repayable—and many are now targeted specifically at entrepreneurs like you: early-stage, impact-driven, and building in high-priority sectors. But here’s the truth: most founders don’t get funding because they don’t know how to position their business for grant eligibility. At Finance by Enle, we help founders unlock funding by building credibility and clarity. Here’s how to make yourself grant-ready in 2025.
The 5 Biggest Myths About SME Funding in Nigeria
June 11, 2025
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Funding is one of the most misunderstood—and misrepresented—parts of running a small or growing business in Nigeria. Whether you’re building a tech startup, running a fashion brand, or operating a logistics company, you’ve probably heard plenty of funding advice that simply isn’t true.i At Finance by Enle, we work closely with founders navigating this maze. Here are five common funding myths that might be holding you back—and what’s actually true. 💬 Myth 1: “You need to know someone at the top to get access to grants.” Truth: While relationships and networks matter in many areas of business, most grant opportunities
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June 4, 2025
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