How To Apply For Tertiary Institutions Entrepreneurship Scheme (5M-25M)
How To Apply For Tertiary Institutions Entrepreneurship Scheme-TIES (N5M-N25M)
Nigeria’s Apex Bank (CBN) has introduced the Tertiary Institutions Entrepreneurship Scheme all so known as TIES, the scheme is meant to provide massive jobs to many Nigerians in all ramifications of life
Tertiary Institutions Entrepreneurship Scheme (TIES) seeks to bring the spirit of entrepreneurship and empower the vast majority of graduates from both Polytechnics and Universities in Nigeria
See CBN ₦500M Grant 2021/2022 Update: How To Get Your Grant Approved
Thus bringing entrepreneurial skills for Economic Development, Entrepreneurship development, and Job and wealth creation.
Successful graduates will be given between N5M to N25M with a 5% interest fee to be paid Moratorium: Maximum of 12 months
Eligible For Tertiary Institutions Entrepreneurship Scheme-TIES
Applicants must have businesses or start-ups relating to:
Agribusiness
production, processing, storage, and logistics;
Information technology
application/software development, business process outsourcing, robotics, data management
See CBN Introduces ₦500 Million Grant For Graduates/Undergraduates-Apply
Creative industry
entertainment, artwork, publishing, culinary/event management, fashion, photography, beauty/cosmetics;
Science and technology
Medical innovation, robotics, ticketing
Requirements For Tertiary Institutions Entrepreneurship Scheme-TIES (N5M-N25M)
The activities to be covered under the Scheme shall include innovative start-ups and budding
businesses owned by graduates of Nigerian polytechnics and universities
Certificate issued by polytechnics and universities evidencing entrepreneurship training;
Duly signed Global Standing Instruction (GSI);
See CBN Empowerment Program 2021/2022 | NEXIT Loan & Training Update
Bank Verification Number (BVN);
Verified first-degree certificate (BSc/HND or its equivalent);
Verified National Youth Service Certificate (NYSC) discharge or exemption certificate;
How To Apply for Tertiary Institutions Entrepreneurship Scheme (5M-25M)
Visit their web portal here
or Apply directly here