Here is a full list of ongoing federal Government of Nigeria (Youth) Empowerment Programs for youths, young entrepreneurs and small to medium scale enterprises. We have also detailed the requirements and how to apply for these programs.
1. Basic Entrepreneurship and Skill Training Program (BEST)
BEST is a drive pointed toward giving bearings in human resources advancement and furthermore protecting youthful jobless individuals from monetary effect of Coronavirus. The program will give 774,000 paid preparing and occupation situations young people across Nigeria.
HOW to Apply:
- Applicants must be a citizen of Nigeria
- Applicants should be of the age 18-35 years.
- Eligible applicants should visit the application portal via https://fbjwc.ng
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2 Agricultural Credit Guarantee Scheme Fund (ACGSF)
- Assuming you are an enrolled rancher under an affiliation you will be qualified for this sort of award. This sort of award is the monetary help from the central administration of Nigeria to help the farming area and every one of those that wish to wander into agrarian produce.
ACSS reserves are dispensed to ranchers and agro-partnered business visionaries at a solitary digit loan fee of 8.0 percent
HOW to Apply:
You must be a citizen of Nigeria
You should be 18 or above
Membership of an association or cooperative may also be required
Visit the online platform or obtain the form from your association
For the online platform, you can access the information to apply at https://www.cbn.gov.ng/devfin/acgsf.asp
#3. FGN Social intervention fund
These are for crafts mans and proprietors of SMEs the country over. The entrepreneurs can get to a limit of N100,000 at three percent premium.
HOW to Apply:
- Be a member of a business organization.
- You must be a citizen of Nigeria
- You should be 18 or above
- Visit the online platform via https://www.boi.ng/boi-products/fgn-special-intervention-fund-for-msme/ to submit required information
#4. Small Business Innovation Research Program (SBIR)
- The Independent venture Development Exploration Program (SBIR) was started to encourage and invigorate mechanical advancements in the private area. It targets fortifying the job of independent ventures in addressing the requirements of Government exploration or innovative work.
Gauge all out spending plan for this award is US$1,150,000, with an honor roof at US$575,000 and an honor floor at US$570,000. This is in an offered to heighten the business utilization of exploration to yield advancement results. Likewise, it attempts to work on the profit from speculation from advancement and examination, which thus works on the existences of recipients, particularly those with handicaps.
HOW to Apply
- You must be a citizen of Nigeria
- You should be 18 or above
- Only a research company or organization is eligible to apply.
- The company should be commercially innovative.
- Visit the online platform via https://www.sbir.gov to submit required information
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#5. YouWin Connect Nigeria
This is a yearly program Initiated by the Nigerian government to support ideas and businesses that are already running, to help encourage job and wealth creation.
HOW to Apply
- Applicants are required to submit business plans
- Applicants will have to go through a series of mentorship programs
- You must be a citizen of Nigeria
- You should be 18 or above
- Visit the online platform via https://apply.youwin.org.ng/registerp.php to submit required information
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#6. N-SIP Grants
National Social Investment Program (N-SIP) by the federal government of Nigeria aims at reducing poverty, and unemployment.
HOW to Apply
- You must be a citizen of Nigeria
- You should be 18 or above
- Submit required information
- Kindly visit the online platform via https://nsip.statehouse.gov.ng/apply.php to start application.
#7. Government Enterprise and Empowerment Program (GEEP)
- This was made to give miniature credit offices to people to lessen neediness among rustic region, give abilities advancement, preparing, business backing, and revamping the economies of country regions through monetary awards. To enlist for GEEPplease use the link: https://www.boi.ng/marketreg/
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