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Nigeria Youth Investment Fund 2024 For Nigerian Entrepreneurs (N110 billion funding)

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Mercy Awofiranye

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Are you a young entrepreneur with a vision for the future? The Federal Ministry of Youth Development is delighted to announce the relaunch of the Nigeria Youth Investment Fund (NYIF). Apply Below:

When is the Application Deadline:

The application deadline for the Nigeria Youth Investment Fund 2024 For Nigerian Entrepreneurs is currently unspecified.

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Tell Me About The Nigeria Youth Investment Fund 2024 For Nigerian Entrepreneurs:

The Nigeria Youth Investment Fund (NYIF) is a government-backed initiative in Nigeria that provides financial support to young entrepreneurs and small businesses. Managed by the Central Bank of Nigeria (CBN), the fund was launched in 2020 to mitigate the economic impact of the COVID-19 pandemic on young people and small businesses in the country.

Also, the NYIF targets individuals aged 18-35 who wish to start or expand a small business in Nigeria. It aims to help young entrepreneurs overcome financial obstacles, such as limited access to credit and insufficient capital for equipment and other resources.

Check: Join UNDP’s Acceleration Pilot Program 2024 For African AI Startups

Which Fields are Eligible?

All fields

Type:

Grant

Who can Apply for the Nigeria Youth Investment Fund 2024 For Nigerian Entrepreneurs?

Also, applicants must meet the following eligibility criteria:

Applicants must be Nigerian citizens.
Applicants must be between 18 and 35 years old.
Applicants must have a viable business idea or an existing small business.
Applicants must meet other eligibility criteria as determined by the Central Bank of Nigeria (CBN).

Which Countries Are Eligible?

Nigeria

Where will the Award be Taken?

Nigeria

How Many Awards?

Not specified

What is the Benefit of the Award?

Successful applicants will receive funding for their businesses.

Check: Access Bank PowerUp Entrepreneurship Program 2024

How to Apply For The Nigeria Youth Investment Fund 2024 For Nigerian Entrepreneurs:

To apply for the Nigeria Youth Investment Fund 2024 For Young Nigerians click the official application page and fill out the form.

Visit the Award Webpage for Details

Author

Mercy Awofiranye

Mercy Awofiranye is a creative writer with over five years of experience. Currently, she specializes in creating helpful content for students in the education space. When she's not writing, she enjoys reading, cooking, and learning new things.