FUNDING FIR BUSINESS GRANT AND CAPITAL - Image 2

Short Story

Meet Priscilla I’m a recent graduate and NYSC corps member turned entrepreneur, ready to build my own path. After completing service, I’m launching Scilla Golds — a lifestyle brand for clothing, shoes, hair, bags, perfumes, and cosmetics — to create quality, affordable products for young Nigerians. I’m focused on starting small, moving fast, and building a business that gives others confidence while giving me financial independence.

FUNDING FIR BUSINESS GRANT AND CAPITAL

by Scillagold

  • ₦17,000,000.00

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Abuja, Nigeria

Scillagold

1 Campaigns | 0 Loved campaigns

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Campaign Story

Business Proposal: Scilla Golds Startup Capital Request

Business Overview
Scilla Golds is a Nigerian lifestyle brand covering clothing, shoes, hair, bags, perfumes, and cosmetics. Our model: affordable luxury that helps young Nigerians aged 18-35 look and feel confident daily. We sell online via Instagram, TikTok, and WhatsApp, with monthly pop-ups in Abuja.

Market Opportunity
Gen Z and young professionals want quality style but find luxury brands overpriced and imported goods inconsistent. No single local brand owns the “head-toe” space. Scilla Golds fills that gap with a 6-pillar ecosystem that drives repeat purchases and high margins on perfumes and cosmetics.

Funding Request
Amount Needed: ₦15,000,000
Use of Funds:
₦6M: Initial inventory – perfumes, bags, cosmetics, clothing blanks for branding
₦3M: Content production + digital ads for TikTok/Instagram launch
₦3M: Packaging, QR code experience setup, pop-up booth setup
₦2M: Operations and working capital for 4 months
₦1M: Reseller onboarding and commission fund

Revenue Model
Direct-to-consumer sales online + pop-ups. Average order value target: ₦18,000. Margins: 40-70% across categories. Break-even projected at Month 5 with ₦4M monthly revenue.

12-Month Projections
Month 3: ₦2M monthly revenue, 10k followers
Month 6: ₦6M monthly revenue, reseller army of 50
Month 12: ₦12M monthly revenue, micro-storefront in Abuja

Why Invest Now
We already have brand identity, product sourcing contacts, and a content strategy ready to execute. Capital is the only bottleneck. Investors get equity or a revenue-share deal based on terms.

Next Step
We’re ready to share financials, supplier contacts, and a detailed 90-day launch plan. Let’s discuss how Scilla Golds can deliver both profit and brand equity.