Over 1000 Nigerians will this year be beneficiaries of N500Million Naira Grant seed capital set aside for young Nigerian entrepreneurs and students.
This was disclosed this week during the launch of the YESGrant Scheme by the Nigerian Young Professionals Forum (NYPF) in partnership with Heritage Bank, which took place at the Four Point Hotel in Lagos, Nigeria.
This was disclosed this week during the launch of the YESGrant Scheme by the Nigerian Young Professionals Forum (NYPF) in partnership with Heritage Bank, which took place at the Four Point Hotel in Lagos, Nigeria.
The YESGrant will provide business training for up to 600 aspiring young entrepreneurs spread across all geo-political zones in Nigeria and will encourage expansion, specialization and spin-offs of existing businesses, which is to enable young entrepreneurs access a wide business professional network and improve their visibility, while entrepreneurs will receive up to 2million Naira annually as grant.
The YESGrant is to enable Nigerian students with extreme financial need pursue their academic dreams and aspiration in the areas of research and technological/scientific innovation and it will also help low income and disadvantage students with their tuition of which over 500 students will benefit from this year’s grant .
Furthermore, Students studying in Nigeria will receive up to 500,000 (Five Hundred Thousand Naira) while those studying in the United Kingdom will receive up to 3,000pounds and those studying in the United States will receive up to 5,000dollars annually as grant
To apply for the YESGrant available at www.YESGrant.com prospective recipients must be between the ages of 18- 40, be registered members of the Nigerian Young Professionals Forum (NYPF) and have an account with Heritage Bank prior to the disbursement of the funds in August 2016. Student’s award recipients must in addition provide their matriculation number and academic progression report.
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