⦠Read more… Terms of Use. 2020 Federal Government of Nigeria Youth Investment Fund (NYIF) for young Entrepreneurs AN INITIATIVE OF THE FEDERAL MINISTRY OF YOUTH AND SPORTS ⦠The grant is open to all eligible individuals. Also, on Monday 27th July 2020, the federal government extended the second phase of eased lockdown by an additional one week. Npower GEEP Loan: This loan exercise is ⦠It is a thoughtful initiative by the government to tackle unemployment as well as create wealth and jobs for the Lagos state populace . Visit this website: https://awief.awardsplatform.com/ to apply. Bank of Industry (BOI) lunched a youth empowerment program where young entrepreneurs are empowered and grants are being released to them to begin a small-scale business. Visit: http://onlineregportal.com/YesProgramme/ to apply. Visit their website: http://africaninnovation.org/. Grants can be described as a means of funding a proposed project either by cooperate body or an individual, it can also be seen in the light of aid given to able body and right thinking business models to implement or support their business so as to provide cushion to such an individual. One-off grants of â¦30,000 each will also be disbursed to artisans, electricians, plumbers, and transport businesses (bus drivers, taxi drivers, rideshare such as Uber and Bolt drivers, and mechanics). -Must have a great business idea or run a business. -Visit the website: https://tefconnect.com/. -Must have a business idea that contributes to any of the 9 FG top areas in the country. Sorry, your blog cannot share posts by email. Kindly visit the online platform for application. Reminder: Grants.gov does not post financial assistance opportunities. Grants on this platform can range from thousands of naira to millions of naira depending on the business ideas presented. -Business must be located in any of the African countries. -Must have an innovative and profitable business idea. Kindly read through this long post and see what to do. Most of these funds have being side fund and used for personal affairs by officers involved. -Must have a sound financial management system. -Must have undergone rigorous entrepreneurial training. Many agencies and NGOs has been given the responsibility of helping young entrepreneurs and those looking for capital to start up a business of their own in implementing their vision. This is a yearly program Initiated by the Nigerian government to support ideas and businesses that are already running, job creation and wealth creation. NIGERIA AWARD SCHOLARSHIP (NA) 2020/2021 TENABLE IN NIGERIA PUBLIC TERTIARY INSTITUIONS THE ELIGIBILITY CRITERIA FOR NIGERIAN AWARD AS FOLLOWS: ⦠This is a social investment initiative by the federal government to provide mentorship, training and non refundable grants to entrepreneurs. What are the consequences of copyright infringement? Federal Government Grants 2021/2022 Check Application Portal Update. The major challenge most young entrepreneurs and whosoever that are interested in setting up a business most often faced is the funding and how to raise capital. A Grant is simply a subsidy that is given to either organisation or to individuals, which usually comes in the form of money or in the form of support, which cannot be returned. -Your business must not be older than 3 years. GroFin is a pioneering development financier specializing in financing and supporting ⦠To apply, visit: http://diamondbankbet.com/. It is opened to youths from the Niger Delta region in Nigeria who is interested in starting a business and is not less than 18 years and above 30 years. Grants are provided to participants who are keen to solving problems. -You must be a citizen of the country you are applying from. Full list of Federal Government Grants Available 2020, Small Business Innovation Research Program grants, Government enterprise & Empowerment Programme (GEEP), Lagos State Teachers Recruitment Exercise 2020 Online Application Form, 2020 Lagos State Teachers Recruitment Shortlist of Selected Candidates. It also recognizes women who are doing exceedingly well in the non-profit and private organizations in order to contribute their quota economically are doing exceedingly well in the non-profit and private organizations in order to contribute their quota economically to the growth of Africa. This is a funding program for youth to start up a business. Latest Federal Government Jobs 2021 in Nigeria: Every year a number of Federal Government recruitment opportunities become available in the Nigeria. If you need grants, see the list here. -Must be able to operate the business full-time. In this case, the grant is given to NYSC Corp Members, ⦠Many businesses have had to close up because of a lack of money to continue. GrantConnect provides centralised publication of forecast and current Australian Government grant opportunities and grants awarded. Subscribe to our mailing list and get interesting stuff and updates to your email inbox. When we talk about Grants, it is actually a great initiative put up by the government or private organizations or investors to bring the business dreams of young entrepreneurs to reality. This is a funding program aimed at providing support to innovative minds in Africa in which Nigeria is not left out. READ ALSO: Federal Government SME Grant | Access FG Grant to Boost Your Business. A funding initiative aimed at supporting the rights of women and organizations owned by women in the world. Any action taken as a result of information, analysis, or advertisement on this site is ultimately the responsibility of the reader. This program provides funding for young Nigerian entrepreneurs who lack funds to start up a business. Welcome to the Australian Government's grants information system. To apply for Unilever Young Entrepreneurs Award, you need to visit: https://youngentrepreneursawards.unilever.com/ to register and complete your profile. -Must belong or reside in any of the African countries. It provides funding for great business ideas in Nigeria. Here, you will be guided on how to start making your applications for this grant disbursement by the Federal Government. Federal Government Business Grants in Nigeria 2019-2020 | See Application Guide. BOI is an initiative by the federal government to financially support and help small and large business enterprises grow. Our aim is to provide daily living guide for Nigerians and her friends. 50 applicants are successfully selected to undergo intensive training for a period of 6 months and after training has been completed, the top 5 applicants are given grants of 3,000,000 naira to expand their business. -Must have innovative business ideas to make social impact. Federal Government Grants in Nigeria 2021 â A federal government grant is a financial award given by the federal government and is not to be repaid. READ ALSO: COVID-19 Grant Disbursement 2020 Fully Funded from Federal Government. Below are the full lists of ongoing Federal Government of Nigeria loan you can apply for today. Below is a list of some of the federal government grants in Nigeria and how to apply for them. This was created to provide micro-credit facilities for men and women in order to reduce poverty among rural area and provide skills development, training, and business support, rebuilding the economies of rural areas through financial grants. -Your business must be located in any of the countries they are situated in. Required fields are marked *. Lists of Federal Government Grants 2020-2022 Survival Fund Grants ⦠-Grants applied for must be $100,000 to $1,500,000. This kind of grant is the financial support from the federal government of Nigeria to support the agricultural sector and all those that wish to venture into agricultural produce. Make your choice. -You must be a graduate of a higher institution. Grants are quite different from other kind or type of Federal government financial assistance, grants are non-refundable assistance while other forms of financial assistance are refundable and at times it attracts the additional amount of interest for a specific period of time. Save my name, email, and website in this browser for the next time I comment. Full List of Federal Government Loans for Application 2021. To sort through the federal grant programs, the authoritative source is the Catalog of Federal Domestic Assistance (CFDA). YouWin! -Must have a profitable business idea in ICT, Manufacturing, Governance, Health or Agriculture. This platform is aimed at utilizing the innovative minds of the African people to solve the problems associated with African countries. The business owners can only access a maximum of N100, 000 at three percent interest rate on a year. Federal Government Grant 2020 â The Federal Government of Nigeria in conjunction with the World Bank is inviting Nigerians that are willing to start up a business of their own to apply for the Federal Government Grant ⦠The programme has greatly contributed to wealth creation across the country by providing support to numerous entrepreneurs. -Your business must make a social impact. The following are the top 20 grants in Nigeria; An empowerment initiative launched to help young aspiring entrepreneurs to achieve their business dreams. The federal government does not offer grants or âfree moneyâ to individuals to start a business or cover personal expenses, contrary to what you might see online or in the media. The team comprises professionals and Consultants from different fields of human endeavour. -Your business must be in Nigeria and must be registered. 2020/2021 federal government scholarship awards tenable in nigeria tertiary institutions The scholarship is tenable in Nigeria and takes effect from the beginning of the academic session. Connect also provide a forum for young entrepreneurs to connect with industry experts in other to nurture their ideas thereby enhancing job creation as well as ensuring business growth. The U.S. African Development Foundation (USADF) is an independent American government agency that is committed to empowering African countries by providing grants to Nigerian entrepreneurs and other entrepreneurs in several other African countries in order to improve their lives and livelihoods. -Must have achievements as a successful female entrepreneur to be nominated. There are numerous of grant programs in Nigeria that entrepreneurs, small business owners and individuals can apply for to start up or expand their business. GroFin Fund. -Must live and have a business in Nigeria. -Must reside or belong to any of the African countries. APPLICATION FOR NIGERIAN YOUTH INVESTMENT FUND 2020-2023 BEGINS. -Your business must be in any of these category: education, agribusiness, healthcare, manufacturing, recycling, sanitation, water, energy and waste. You will also find the requirements and how to apply. To apply, visit: https://www.premierhub.com.ng/, Read Also: Steps To Get NERFUND Loans in Nigeria. This is an initiative by Jack Ma Foundation to financially support entrepreneurs across Africa. To apply for Global Innovative Fund, visit their website: https://www.globalinnovation.fund/. This funding programme is aimed at providing financial, physical and mental support to farmers across the country in order to boost the country’s economy. -Must be able to give feedback for projects undertaken. -Must be a Nigerian citizen within the ages of 18 to 35. You can always choose from the above five options as a Nigerian, and they are the available best grants in Nigeria. BET (Building Entrepreneurs Today) is a program organized by Diamond Bank to support Nigerian entrepreneurs in gaining the necessary business skills and training in order to aid the growth of their business. Even though most of the grants have not been fully utilized due to corrupt leaders. -Make and upload a one minute video showcasing your innovative idea on social media. Grants are more preferable to loans in the sense that the money received don’t have to be repaid. -You must have a profitable business idea. To apply for USADF grant, visit their website: https://www.usadf.gov/. Voiceofnigeria is the best option for unemployed Nigerians they can get updates on latest jobs in Nigeria. KickStart is a social investment initiative by the IB PLC Foundation aimed at reducing unemployment by ensuring young innovators and entrepreneurs get the right training, business skills, mentorship and development support.