The Youth Enterprise with innovation in Nigeria ( YOUWIN ),is enjoying much attention from members of the public. The programme which is also in collaboration with the ministry of Finance, ministry of youth development, Ministry of information Technology and the ministry of women affairs which are all in channel with the federal Government plans to create more employment opportunity for Nigerians.

AIM OF YOUWIN PROGRAMME

The major aim of the youwin programme is to help encourage and support aspiring entrepreneurial youth in Nigeria to cultivate, develop and execute business ideas that will automatically create more jobs for Nigeria youths. Youwin is aimed at providing a platform for Nigerians to showcase their business ideas to business leaders, investors and mentors in Nigeria.The programme will be implemented in partnership with Nigeria’s private sector, who will be requested to provide funding support.

Below are the various Objectives of the Youwin Programme:

  • Attract ideas and innovations from young entrepreneurial aspirants from Universities, Polytechnics, Technical colleges, and other post-Secondary institutions in Nigeria;
  • Provide a one time Equity grant for 1,200 selected aspiring entrepreneurs to start or expand their business concepts and mitigate start up risks;
  • Generate 80,000 to 110,000 new jobs for currently unemployed Nigerian youth over the three years during which the three cycles will be implemented;
  • Provide business training for up to 6,000 aspiring youth entrepreneurs spread across all geo-political zones in Nigeria;
  • Encourage expansion, specialization and spin-offs of existing businesses in Nigeria; and,
  • Enable young entrepreneurs to access a wide business professional network and improve their visibility.
what is youwin
The Heart Of An Enterpreneur

 Above all, these are some important tips you need to know concerning the Youwin Programme

  • YouWiN is an equity contribution to your business. It is therefore NOT A LOAN but a grant.
  • Award recipients will be paid according to the needs of the business and specific mile-stones stated in the business plan.
  • Award recipients must be registered with CAC before disbursment of funds even though they do not need to be registered  to apply. You/wiN will support the registration process.
  • Award recipients will opperate accounts using their registered companies with any of the participating commercial banks prior to disbursment.
  • Award recipients must sign a grant agreement with the managers of YouWiN before disbursment of funds.
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