President Buhari revives YouWin! Initiative of the GEJ Administration

When the present administration was inaugurated, there were fears and even unconfirmed reports fueled by delays in paying out grants that it had scrapped the Youth Enterprise with Innovation in Nigeria (YouWin). According to reports, the Federal Government of Nigeria has cleared the outstanding ₦1.6 billion earlier owed beneficiaries.

The Buhari led government has paid the sum of ₦1.6bn to 638 awardees of the Youth Enterprise with Innovation in Nigeria, YouWin, programme, an initiative of the past government under the presidency of Goodluck Jonathan. Na’inna Dambatta, Director of Information at the Ministry of Information, said the money was paid in June.

 

According to him, the programme which took off in 2011, had trained a total of 18, 000 young entrepreneurs in management and business skills for Small and Medium Enterprises (SMEs).

He also said 3, 900 of the trainees, including 1, 200 women, were each given non-repayable take-off grants ranging from ₦1 million to a maximum of ₦10 million for businesses of their choice.

“The third edition of the programme, which is still running with 1,500 beneficiaries has received the sum of ₦11.2 billion in funding. So far, grants totalling ₦7.4 billion have been disbursed to the awardees.”

Kemi Adeosun, Minister of Finance, said the current administration was set to restructure the programme to ensure efficiency, transparency and accountability in investing the capital grants given to the beneficiaries; all the commitments made by the Federal Government under the YouWin programme would be fully met. And every beneficiary would be duly verified, using tools like Bank Verification Number (BVN), before disbursements.

The minister said the Federal Government would begin consultations with the beneficiaries and other stakeholders of the programme to inject new ideas for its sustainability.
Winners of the third edition of the programme, earlier this month, stormed the headquarters of the ministry to protest the delay in the payment of their grants.

The Federal Ministry of Finance, which has been running the programme from inception, has scheduled the consultation for July 22, in Abuja, where representatives of the beneficiaries drawn from the six-geo-political zones in Nigeria and other concerned parties would gather to review progress.

source: techpoint

IF YOU SLEEP, EAT AND DREAM SQL, THERE JUST MIGHT BE A JOB OPPORTUNITY FOR YOU.

IF YOU SLEEP, EAT AND DREAM SQL, THERE JUST MIGHT BE A JOB OPPORTUNITY FOR YOU.

Templeton Business Solutions is a fast-rising IT firm based in Lagos. They are looking to hire a smart and dynamic individual to take up the role of Associate Consultant in the company. Job requirements are as follows:
•Must be proficient in database and SQL
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•Working knowledge of web applications, digization and ERP deployment are an added advantage

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Served or serving NYSC? Access up to ₦10 million loan from the Youth Innovative Enterprise Development Programme

Served or serving NYSC? Access up to ₦10 million loan from the Youth Innovative Enterprise Development Programme






Serving Youth Corps members, non-NYSC (not more than 5 years post NYSC) and artisans of Nigerian descent and in Nigeria can now apply to get loans of up to ₦10 million for the Youth Innovative Entrepreneurship Development Programme (YIEDP).


The YIEDP is an initiative of the Heritage Bank Nigeria aimed at providing youths with timely and affordable loans to implement their business ideas.


Single applicants can access loans of up to ₦3 million while group projects jointly owned by 3-5 qualified beneficiaries can get up to ₦10 million. The jointly owned businesses will operate as registered partnership.


The loans provided by this programme are not equity finance but debt financing, which means that beneficiaries do not lose any part of their business, but get to repay the loans normally over a given period of time.
YIEDP


Applications can be facilitated through the Heritage Bank Portal as the on-line portal will be open for a limited period.
Businesses that hope to apply do not need to be registered with the Corporate Affairs Commission as qualified applicants will be guided through the process of registering their businesses.


YIEDP will be conducted in streams and applicants can only submit one business idea each for a stream and wait for the next stream. Date for each stream will be made known to the general public via the bank’s websites and other news media.


Processing the application is free and status can be tracked on the portal and the bank will also notify successful applicants via their email addresses.


To register and get more information, log on to the portal.


Do share with anybody that might find this beneficial; a lot of people will.




source: techpoint

Win N1million cash prize for Best Entrepreneurial Ideas alongside amazing giveaways at the Ogee30, Ideas for Wealth

ENTREPRENEURSHIP CONTEST 2016

 

Deadline: 23rd of May, 2016

 

Ogee 30 Ltd is a front line Youth Empowerment and Event Relations Company set up with a mission to positively transform individuals to enable them perform at their maximum potential through a series of Events yearly in Nigeria, which will cover the entertainment, educational and business sectors to include charity outreach at intervals. Aside hosting its own series of Events, the Ogee 30 Platform also renders Event planning services and Management for third party functions and other activities.

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Eligibility
The Entrepreneurship contest is opened to ONLY Nigerian Nationals within the Age of 18 – 35 years. Names of all shortlisted candidates to pitch their business ideas on the Event day would be contacted by email and sms provided in this form.

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The Event is slated for the 4th of June, 2016 at The Glass House Port Harcourt Stadium - Rumola Lonk Road, PH Rivers State.


Registration is FREE!!! And closes on the 23rd of May, 2016

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Scholarship for Social Entrepreneurs the SOCAP16 Application is on for 2016

 

ABOUT SCHOLARSHIP

SOCAP (Social Capital Markets)  a world-renowned conference series dedicated to increasing the flow of capital toward social good which is operated by Mission Hub LLC (MissionHUB), a certified B Corporation founded in 2009 and based in San Francisco.

Social entrepreneurs being the heart of SOCAP prompts them to identify new solutions to pressing issues, balancing true impact with sustainable business models. They prioritize support for inspiring entrepreneurs, as they are the future of the social capital markets.

Application Deadline: June 20, 2016.

Eligible Countries: Scholarship recipients span across the globe

Venue:  Fort Mason Center, San Francisco, USA

Eligibility: If you are an innovator who is using business as a force for positive change in the world, application is now accepted for the SOCAP16 Social Entrepreneur Scholarship

Eligible Field of Study: Entrepreneurship

Since the first SOCAP, our scholarship recipients have spanned the globe, and represented a wide variety of sectors and business models. In 2015 alone, our 140+ SOCAP scholars hailed from more than 35 different countries.

Details & Application

The 2016 scholarship recipients will be supported with the following:

• Free SOCAP16 full conference pass (valued at $1495)
• Impact Accelerator @SOCAP – tailored entrepreneur programming pre-conference
• Hostel accommodations for the duration of the conference
• Recognition and high visibility in the SOCAP program
• Dedicated mentorship from notable impact leaders

The scholarship application closes June 20, 2016. If you know someone who would benefit from this opportunity, please spread the word.

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