Thank you for proceeding to Form 2 of the SBO Application Process.
This stage requires detailed business information, supporting documentation, and evidence of your business operations. To ensure a smooth and successful submission, please gather all the required information and documents before starting the form.
Important Notes
Complete Form 1 before proceeding to Form 2.
Ensure all uploaded documents are clear, legible, and up to date.
Maximum upload size is 25MB per document unless otherwise stated.
Incomplete applications may not be considered.
Have all documents saved and ready on your device before starting.
INFORMATION YOU SHOULD PREPARE
1. Business Problem & Solution
Please prepare:
A concise explanation of the problem your business is solving (approximately 100 words).
A description of your product, service, or solution (approximately 100 words).
2. Market & Competition Information
Please prepare:
A description of your target customers and market segment (approximately 100 words).
Your Unique Selling Proposition (USP) or competitive advantage (approximately 50 words).
Information about your key competitors and what differentiates them (approximately 100 words).
Details of any expansion or scaling activities into new markets (approximately 100 words).
The number of customers served within the last 12 months, supported by verifiable records where possible.
3. Business Experience & Partnerships
Please prepare information regarding:
Previous grants received (if applicable).
Participation in incubation or accelerator programs.
Strategic partnerships, collaborations, distributors, or business relationships.
DOCUMENTS REQUIRED
A. Corporate & Registration Documents
Please have the following ready for upload:
✅ CAC Certificate of Registration ✅ CAC Status Report / Active Status Documentation ✅ Tax Identification Number (TIN) ✅ Tax Clearance Certificate
B. Financial Documents
Please prepare:
✅ Audited Financial Statements (minimum of one year)
✅ Annual Audited Accounts for the year: 2023, 2024, 2025
✅ Business Bank Statements covering the last 6–12 months
✅ Funding Requirement Details, including:
Amount required
Purpose of funding
Expected Return on Investment (ROI)
Optional:
Breakdown of previous funding received and how it was utilized
C. Customer & Market Validation
Please prepare:
✅ Links to your business platforms and social media accounts, including:
Website
LinkedIn
Facebook
Instagram
Twitter/X
TikTok
✅ Customer Testimonials, including:
Customer Name
Email Address
Business Name
Supporting testimonial documents (if available)
D. Governance & Legal Documents
Please prepare:
✅ Board Structure or Management Structure Document
✅ Organizational Chart
✅ Top 5 Contracts with Suppliers, Clients, or Partners (where applicable)
✅ Intellectual Property Information, including:
Trademarks
Patents
Copyrights
Other registered intellectual property assets
E. Team Information
Please prepare details for:
✅ Founders
✅ Directors
✅ C-Suite Executives
For each person, provide:
Full Name
Position/Designation
LinkedIn Profile Link
F. Investment Readiness Materials
Please prepare:
✅ Company Pitch Deck (PDF preferred)
✅ A 2-Minute Business Introduction Video (Maximum 20MB)
Your video should briefly cover:
What your business does
The problem your business solves
Your target market
Business achievements
Growth plans
Funding requirements (if applicable)
FINAL CHECKLIST
Before starting Form 2, ensure you have the following ready:
☐ CAC Registration Documents ☐ CAC Active Status Report ☐ TIN Certificate ☐ Tax Clearance Certificate ☐ Audited Financial Statements ☐ Annual Audited Accounts (2022–2024) ☐ Bank Statements (6–12 Months) ☐ Funding Requirement Details ☐ Customer Testimonials ☐ Social Media and Website Links ☐ Management Structure Document ☐ Organizational Chart ☐ Contracts (where applicable) ☐ Intellectual Property Information (where applicable) ☐ Founder and Executive Details ☐ LinkedIn Profiles of Key Team Members ☐ Pitch Deck ☐ 2-Minute Business Video
Ready to Proceed?
Having all required information and documents prepared beforehand will make the application process faster and easier to complete.
Once you have everything ready, you may proceed to completing Form 2.