The Venture is a global search to find and support the most promising start-ups with the potential to succeed financially and make a positive impact on the lives of others. The venture was created to INSPIRE, DISCOVER and REWARD those who believe that business can be a force for GOOD. This year, the search comes to Nigeria and we are looking for THE VENTURE that can represent Nigeria at the Global Finals with a chance of winning. More details of the competition in this presentation

2. What is The Venture?
The venture was created to INSPIRE, DISCOVER and REWARD
those who believe that business can be a force for GOOD.

3. What is The Venture?
A global search to find & support the most promising start-ups with the
potential to succeed financially and make a positive impact on the lives of
others.

4. A chance to pitch for a share of The Venture's $1Million fund and have
access to the tools and mentorship to accelerate their growth.
What is The Venture?

5. The Venture Year
1
More than 1,000 social entrepreneurs applied, but only 16 of
the best were selected to compete for $1Million in funding.

6. Chipsafer ($150,000) from Uruguay who uses innovative tracking
devices to transform the way farmers look after their livestock.
The Venture Year
1

7. Algramo from Chile - $300,000 to further develop the pioneering food distribution
enterprise.
The Venture Year
1

8. SenSprout ($150,000) from Japan who aims to make farming
more efficient using a wireless field-monitoring system
The Venture Year
1

9. Lumkani ($75,000) from South Africa, uses technology to decrease the
risk of devastating fires in informal settlements.
The Venture Year
1

10. Diseclar ($75,000) from Colombia who turn waste materials into
stylish furniture.
The Venture Year
1

11. The Venture - Year 2
29 countries
The Local winner would represent Nigeria in the global finals on an
all expense paid trip.

12. Who can Participate in The Venture?
1. Social Entrepreneurs - for-profit start-up or
business.

13. Who can Participate in The Venture? Start-up stage
 Working prototype of its concept,
 Demonstrable user traction, generating a maximum of
N100,000,000 in annual revenues
 incorporated for no more than 3 years

14. Who can Participate in The Venture?
beyond the working prototype stage,
significant user traction and sales,
maximum of N200,000,000 in annual revenues
incorporated for more than 3 years
Growth stage

15. Who can Participate in The Venture?
1. Strong vision, a compelling idea and a solid
business plan/ business model.

16. Who can Participate in The Venture?
25 years and older
Open to applicants ALL OVER Nigeria

17. Who can NOT Participate in The Venture?
The Competition is not open for applications from businesses which:
1. is solely or primarily involve the marketing or selling of products or
services to those under the age of 18;
2.or relates solely or primarily to the provision of or promotion of
alcohol, addiction services or related products (e.g.: smoking).

18. Who can NOT Participate in The Venture?
NGOs/ Not-for-profits dependent on grants.
Companies and their CSR
initiatives.

19. • Log on to
https://www.theventure.com/ng/en/apply
• Fill in the fields to register and start your application.
Applications must be submitted latest by 9th
November, 2015 23:59 GMT
Application Process

20. Applications are divided into 6 steps:
1. Contact information: Names, Postal Address, Role in the
company etc.
Application Process

21. Application Process
2. Company information: Name? Founded? Location? Registration details?
Incorporated? Company idea? Problem and solution?

22. 3. Market and Proposition: Problem and root causes? Access to
market? Unique Value proposition? Target audience? Product/Service
detail? Competition?
Application Process

23. 4. Business model: Revenue - Current details and projections?
Current commercial partnerships? Milestone achievement? Opportunity
to partner with Chivas- How?
Application Process

24. 5. Demonstrable impact: Social/ Ethical/ Environmental
purpose? Target Audience of impact? Quantity/ Quality of social
impact? Evidence of social impact? Social impact projections
Application Process

25. 6. Funding and The team: Total amount of funding raised?
How much funding from the venture? How will it be spent?
Details about your team?
Application Process

26. Dates To Remember
1. Application Deadline - 9th November 2015 23:59 GMT.
2. Nigeria Semi-Final Bootcamp - 4th & 5th December 2015
3. Nigeria Final - 17th December 2015
4. Global accelerator week - March/April 2016
5. Global Final (Live Event) - July 2016

27. Semi-Final Bootcamp 4th & 5th December 2015
Day 1
How to tell your story,
How to Sell your Business
Preparing your pitch
Day 2
Pitch Session
Selecting the Top 5

28. Final 17th December 2015
Pitch Session
Selecting the Winner

29. JUDGING CRITERIA
1. Market opportunity and size.
2. Demonstrable impact: measurable social or environmental
impact and a model that can scale.
3. Sound business model and organisational strategy.
4. Financial feasibility and sustainability: can earn revenue.
5. Skills, experience and commitment of management team.

30. Dates To Remember
1. Application Deadline - 9th November 2015 23:59 GMT.
2. Nigeria Semi-Final Bootcamp - 4th & 5th December 2015
3. Nigeria Final - 17th December 2015
4. Global accelerator week - March/April 2016
5. Global Final (Live Event) - July 2016

31. QUESTIONS??