Youth Entrepreneurship Support (YES) Loan 2021: Get N5 Million-Apply

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Youth Entrepreneurship Support (YES) Loan 2021: Get N5 Million-Apply: Aimed at supporting young minds on skills acquisition and knowledge to be independent, the Youth Entrepreneurship Support (YES) Programme is sponsored by the Nigerian Bank of Industry, providing all the needed help in reducing the burden of unemployment in the country

The YES-Programme is comprised of the following components:

Running a successful business (ethics, compliance, operations, etc.)

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Technical skills training in partnership with the various technical training and vocational institutes in the country.

Financing of the businesses by BOI under its SME Cluster initiative in consonance with the United Nations Economic Commission for Africa’s Commodity-based Industrialisation Strategy.

Eight (8) weeks extensive online Entrepreneurship and Business Management training which has the ability to test participants’ understanding and track their progress.

Five (5) days in-class Entrepreneurship and Business Management training covering the following five (5) modules:

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The business idea (value proposition & competition analysis)

Business model (how will the business make money)

Sales and marketing

Financial plan

PROGRAMME OBJECTIVES

Promotion of self-employment among graduates of institutions of higher learning, thereby changing their job-seeking mindset.

To deepen financial inclusion by de-risking the young aspiring entrepreneurs and making them eligible for small business loans to be provided by BOI.

To create an interactive learning platform to train young aspiring entrepreneurs in Entrepreneurship, Business Management and Technical Skills that will ultimately translate into improved efficiency and productivity.

To kindle the entrepreneurial spirit of the youths.

To act as an incubation center where business ideas are nurtured to their full potential as well as entrenching global best practices by inculcating a culture of innovation-driven entrepreneurship and ethics in the programme participants.

Apply Here