Apply for N200,000 to N500,000 Loan from Youth Ignite
BOI in Partnership with AGDC presents Youth Ignite Initiative – a platform where innovative ideas are brought to life.
About Youth Ignite
In light of the recent economic downturn, development strategies that create new jobs and support the growth of businesses are of greater need than ever.
Microenterprises play a critical role in this quest as they account for a larger share of newly created jobs. However, only a fraction of these start-ups survive for more than two years or even develop into the high-growth firms.
Amongst the biggest barriers to their sustained growth are lack of access to training, development support, and access to funding. The “Youth Ignite” Project (under the Bank of Industry’s (BOI) Microenterprise Finance Program) seek to address these challenge by supporting 1 million entrepreneurs to create 5 million jobs over the next 5 years.
Microenterprises will be provided training, single-digit interest loans and ongoing support during the course of the 5 years.
Read Also
12 TOP BUSINESS GRANT OPPORTUNITIES AND BUSINESS FUNDING LOANS FOR SMALL BUSINESSES IN NIGERIA 2018
– Objective
The main objective of the project is to create new jobs through entrepreneurship by supporting 1 million entrepreneurs over the next 5 years to create 5 million jobs.
– Prerequisites for the contest
Who we are looking for: Talented, creative and dedicated young people who have an existing business or idea that they believe in and are committed to bringing to life.
Read Also: Latest Federal Government of Nigeria Grant by Bigportal and GEM
How to apply
- Interested entrepreneurs should visit www.youthignite.ng
- Entries must be submitted online within the specified timeframe and conform to specified guidelines and terms and conditions of participation clearly outlined on this website.
- All entries will be reviewed by the Panel of Judges who consist of carefully selected accomplished professionals from all walks of life.
TERMS & CONDITIONS
- Applicants must be of Nigerian nationality
- Applicants must be between the ages of 18 – 35.
- Failure to verify age will result in the application being declined.
- Applications must articulate a specific business problem to solve or opportunity to address.
- Applicants must be clear on the benefits from the loan.
- Employees of Bank of Industry, FirstBank, AGDC, Digital Jewels Limited, etc. and their families are not eligible to apply.
- The Judges’ decisions are final.
Entrepreneurs selected to take part in Micro Enterprise funding are automatically qualified to receive a single-digit interest loan capped at Two hundred thousand naira (N200, 000).
Application Deadline: March 13th 2017
Click here to apply
http://www.youthignite.ng/
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jibirin
please i need helf to in order to build my future
Dayo Adetiloye
Apply for this grant opportunities in 2018
http://dayoadetiloye.com/12-top-business-grant-opportunities-and-business-funding-loans-for-small-businesses-in-nigeria-2018/
jamilu
im a jobless
Abdulmudallab Rilwanu
I need helf to in order to helf my self
nithan mathew
my name is nithan mathew am from kaduna state, jaba by tribe kachia local government.am applying this loan to improve my business because without capital my business will not improve. the business i do is buying and selling of cement
Dayo Adetiloye
Apply for this grant opportunities in 2018
http://dayoadetiloye.com/12-top-business-grant-opportunities-and-business-funding-loans-for-small-businesses-in-nigeria-2018/
Dennis Oghoyone Oghenekevwe
What happens to those of age 36years and above? I’m 36years old just this month of March 2017 and I have missed this opportunity, what become of me and others in my situation.i just need such an opportunity and the sky is my stepping stone. Please do something positive, this is my number 08062603078
smart Silas boi
I really need a loan for a car to do uber taxi and other commercial work
NWAKAJI GIFT
Comment Text*am in school now but no money to finish up .so I need money to round up my schooling.thanks
Grace
Pls i really need help. 08149682418
rosemary
good day every body, my name is rosemary, and am from imo state, i want to thank God for keeping us alive to this day. are you a business man or woman and you are seeking for a loan to extablish your business? i want to use this opportunitie to that i just got my from. you cant contact mr femi adebayor on , he will assit you just the same way he helped me to get the FG empowermnet loan scheme. God bless you all.
Dayo Adetiloye
Apply for this grant opportunities in 2018
http://dayoadetiloye.com/12-top-business-grant-opportunities-and-business-funding-loans-for-small-businesses-in-nigeria-2018/
olawole akin
don’t you give support for people of age 40 above having families to care for and having a business but stunted for limited capital
ogunyemi ganiat folake
Am folake i need a loan of 500,000 to boost my business i will be glad if you can assist me on how to get it.
joanna
do you need a loan
EMMANUEL C AJOKU
Yes i need a loan or grant…bjut not from money lenders.
Boniface anya
Good morning
I have been trying to get loan or Grant for my fish farm but all to no avail I really need to get your advice on where to pursue this I don’t have any collateral
Aliyu Umar muhd
I am bessanes an tupe condition
Ater Gloria kumawuese
Is the loan stuff still going on?
Nkechinyere
I hope my request will be honored..thanks
Nkechinyere
Yes! By Gods grace.