The Federal Ministry of Youths and Sports has announced it is offering a one-time grant of $5,000 to young Nigerians within the age bracket of 25 and 35 and who also run businesses and have 6 months of financial records.
The ministry is doing this in partnership with Tiimafrica, a platform that strengthens Africa’s startup community by connecting entrepreneurs creating innovative and scalable businesses with the knowledge, network, and funding they require to succeed.
The grant offer was announced by the Federal Ministry of Youth and Sports, in a tweet via its official Twitter handle.
The initiative is under the Project Grow 100 inaugurated by the Federal Government through a partnership between the Federal Ministry of Youth and Sports and Tiimafrica to help small business owners access funds required to take their businesses to the next phase.
The initiative is expected to yield both direct and indirect gains to the economy and strengthen the resilience of young Nigerian business owners through the provision of funds to innovative and creative young entrepreneurs in the country.
Eligibility
- Applicants must be between 25 and 35 years old.
- Eligible applicants must be Nigerian.
- You must have been running a business within Nigeria.
- Your business must financial records of at least 6 months.
To register for the $5,000 visit https://t.co/DTkReCuyEm or https://t.co/Er9CwYxHX4
