Top 30 Business Plan Questions Asked by TEF 2024 $5000 Grant and their Explanations.
Top 30 Business Plan Questions Asked by TEF 2024 $5000 Grant and their Explanations.
TEF $5000 Grant is the best grant in Africa as of today.
The Grant covers the 54 countries in Africa. The final Edition is this Year 2024. I believe if you are in my community, you must not miss this opportunity no matter the country you are residing in.
Today, I will be showing you some of the Questions asked and the explanation of each. More importantly how you should approach each question.
Here is the website to apply for the
TEF $5000 Grant 2024
www.tefconnect.com
Top 30 Business Plan Questions Asked by TEF 2024 $5000 Grant and their Explanations.
Business Information
About Me (200 words max) *
Tell us about yourself, personal bio and what led you to become an entrepreneur
Ans: Talk about your age, family background, current achievement and
how it has been of help in your entrepreneurial journey.
– Tell a passionate story about your entrepreneurial Journey. You can
build stories around
No job
You want a better life for your family
You like to create something new
You want to be rich
You want to be your own boss
You have more skill for entrepreneurship than getting a job
When you see the rich, you are motivated
Leadership Skills & Experience (100 words max) *
Describe your leadership skills and experience for running the business!
– Say something about your past experiences as an employee, a leader
and business manager etc.
Personal Achievement (100 words max)
Tell us something impressive you have personally built or achieved!
– Your business achievement
– Your achievement in your previous workplace
– Your secondary school and higher institution achievements, etc.
Elevator Pitch (50 words or less) *
Describe your current business or idea
This is a bit technical and need to follow this procedure
They need the summary of your business plan in 50 words
Describe the idea; short and precise.
It can be goods or services.
The idea must be feasible,
One that will generate cash flow,
It must be scalable and explosive.
The following must be summarised into your 50 words for the
Elevation pitch. You then expand it to answer the 200 words below.
Once you fail in your presentation here, your application might not
make the cut.
- The problem
- The solution
- Market size
- Business model
- Proprietary Technology
- Competition
- Marketing Plan
- Team
- Money
Detailed Description (200 words) *
In more detail your product or service
Discuss your product and service in details as explained above.
Top 30 Business Plan Questions Asked by TEF 2024 $5000 Grant and their Explanations.
Wow Us *
What is new, interesting, or different about your product or service (list 3 things)
– Talk about the innovation in your idea/business
– And your competitive advantages.
Problem Solved (50 words) *
What problem does your product and service solve?
What needs do you meet e.g. economic needs, social needs,
Reduction in cost, convenience, security, etc.
Development Stage*
(Choose one)
Idea
Infancy/ start-up
Growth/intermediate
Advance.
Is your Business Operational
Upload Registration certificate*
Upload File
File: PNG, JPG
Upload Official Evidence of Business Ownership*
Upload File
File: PNG, JPG
Upload Official Evidence of Directors*
Upload File
File: PNG, JPG
Upload Official Consent by Partners to apply*
Upload File
File: PNG, JPG
Industry/ sector*
Industry sub-sector*
Of the following Sustainable Development Goals (SDGs) which one does your business idea/product/service most closely represent (select max of 3)
Sustainable Development Goals*
COMPANY STRUCTURE
Is your company registered?
We advised that you register your company with Corporate Affairs
commission.
– Note: We can do that for you and your get it in two (2) weeks for
N30,000 . Excluding delivery.
– You will always need this CAC registration. Just do it once and for
all.
Do you have any business partners?
What is your primary role in the business? *
Employees
How many contractual part-time, and full-time employees do you have?
Contractual *
Part-time *
Full-time *
– If yours is new idea, just project how many staff you will need as you
start the business
Top 30 Business Plan Questions Asked by TEF 2024 $5000 Grant and their Explanations.
MARKET POTENTIAL
Addressable Market (50 words max)
How big is the addressable market for your product or services?
– Market potential for any business is key. It is from the market we can get our product sold. The addressable market the size or number of people who are willing and are capable to pay and buy your products and services.
– You must be able to convince us that people will patronize this business
– Tell us a brief about your customer.
Get the Remaining Explanation from the Grant Winning Workbook by Dayo Adetiloye
Here is link to buy it. https://selar.co/1969i1
The book is N10,000, but you can get it at N5,500 promo price if you are among the first 50 people to buy by using this selar link https://selar.co/1969i1 or chat me on +2348060779290 to buy it.
Grant Winning Workbook
Here is more information about the Grant Winning Workbook by Dayo Adetiloye
In the past 10 years, I have worked with over 10,000 SMEs and started us across Africa to access grants, loans and global opportunities. I discovered that a lot of people are still not aware that opportunities like this exist.
Funding of businesses and ideas still top one of the challenges of SMEs and startups in Africa.
In this Grant Wining Workbook for 2024.
You will learn:
– How To win $5000 and More in 2024 and Beyond.
– Uncover foundational principles for grant success.
– Explore recommended reads to enhance your grant-winning journey.
– Navigate a comprehensive list of 61 grants, loans and global opportunities that you can apply to.
– A step-by-step guide to maximizing your chances for a grant that can give you $5000 Grant. Deadline 1st of March 2024
– Live sample of a Grant application scenario along with general guides
– Discover collaborative strategies to enhance your grant-winning journey.
– Explore additional resources to further enrich your business knowledge.
The book is N10,000, but you can get it at N5,500 promo price if you are among the first 50 people to buy by using this selar link https://selar.co/1969i1 or chat me on +2348060779290 to buy it.
Price: N5500
How to Buy
Option 1:
Buy online and download immediately through Selar. Here is the link https://selar.co/1969i1
Option 2:
Pay to:
BANK: United for Africa (UBA)
Name: Dayo Adetiloye Business Hub
Account Number: 1019877638
Account Type: Current.
Then, send evidence of payment via WhatsApp or Text message to +2348060779290. And your Full name, sex, location and email.
e.g Roseline Eze, Femaile, lagos, roselineeze@gmail.com to 08060779290
Seize this opportunity for only N5500! Your investment in this Grant Winning workbook is an investment into your Business future.
I am just a chat/call away on +2348060779290. I am here to work with you. My organization is here to work with you. Send in your request.
If this whole thing is new to you, chat me up let’s talk.
This is not a scam, it is real. It is free money of $5000 Grant and More.
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