Oluwadamilola Akinosun

Grant Master
Year Selected:
Age at selection:
Country:

Share this story:

About Damilola

Damilola Akinosun is passionate about designing products and experiences. The 22-year-old Nigerian has extensive experience with research marketing and he prides himself in leveraging strategic thinking to solve problems.

Transition into Entrepreneurship

Damilola recognized the frustration of having brilliant business ideas but not enough money to start or grow the business. Access to financial capital remains one of the biggest hurdles for entrepreneurs in Nigeria and across Africa. High interest rates make loans unaffordable to many, while equity investment can be difficult to secure. Along with two partners, Damilola zeroed in on grants as a possible solution to this problem, as they do not require repayment or equity. However, the process of applying for grants is typically confusing, time-consuming, and competitive.

Business Profile

Damilola is the Chief Operations Officer and co-founder of Grant Master, an online marketplace connects organizations in need of debt-free and equity-free funding with top-rated grant writers. Grant Master offers services to businesses and NGOs in Ibadan and Lagos, Nigeria. The customer base comprises business owners who seek grant funding to scale up their ventures but lack the time and expertise to write grant proposals themselves. Damilola and his team conduct a vetting process to identify experienced writers who have won grants before. They then match these writers with clients within 24 hours, thus helping business owners to save time and resources that would otherwise be spent searching for the right talent on freelance websites. On the supply side, grant writers find it difficult to secure gigs that pay well on often-competitive freelancing sites. Given Grant Master’s commission-based model, these writers can earn more and position themselves to win more grants for their clients. Additionally, Grant Master offers training programs to develop creative writers into expert grant writers.

Starting with two grant applications in its first month of operations, Grant Master now produces a monthly average of 12 grant proposals. As interest in this type of funding grows, Damilola and his team hope to continue helping organizations worldwide secure grants to launch new products and services, expand into new markets, and achieve their dreams.

No media articles found for this fellow.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

2022

Joseph Ssempebwa

About Joseph Born in Iganga District in eastern Uganda, 22-year-old Joseph grew up in a family...

Baké Faouziyatou Bani

About Baké Faouziyatou Bani ​ Bake is a 20-year-old entrepreneur from Benin. From an early age, she was interested in...

2021

Masello Mokhoro

About Masello​ Hailing from the Free State, 22-year-old South African entrepreneur Masello Mokhoro has a deep...

Munyaradzi Makosa

About Munyaradzi  Munyaradzi is a 21-year-old entrepreneur and tech enthusiast from Zimbabwe. He is a...

2020

David Denis

David's approach has always been to create localized solutions to problems in his hometown. After winning Young Scientists Tanzania in 2018, David was able to found CutOff_Recycle, an enterprise that recycles human hair waste into agri-products.

Abdul Dumbuya

Concerned Generation Network is a social enterprise geared towards the sustainable production, and packaging of ginger into ginger consumables. The business model dedicates 25% of revenue generated from the sale of ginger powder to supporting community schools and educational projects.

A partnership between