Deadline: 8-Jul-22
The MTN Foundation is inviting applications for Y’ellopreneur that is designed to provide capacity-building and funding opportunities to qualified Nigerian female entrepreneurs, in collaboration with the Bank of Industry.
The MTN Y’ellopreneur aims to contribute to the reduction in women’s unemployment and advance women’s development in ‘Entrepreneurship’ through capacity building to enhance their entrepreneurial abilities.
The Foundation is committed to bridging female entrepreneurial skills gap, through a 4-week virtual training programme meant to ultimately empower more female folks, in alignment with the Federal Government’s Sustainable Development Goals Agenda.
The participants of the training who meet the set criteria for selection of the top 100 entrepreneurs, will receive equipment loans of up to N2 million, to enable them grow and sustain their businesses. Upon full payback of the equipment-loan, grants would be extended to those who meet expectation of the credit terms.
Funding Information
- Each female entrepreneur will receive up to a N2million equipment loan subject to their business plan analysis.
- The repayment period is 6 months moratorium and 36 months repayment period.
Eligibility Criteria
- Female entrepreneurs who display passion and commitment to self-employment and run an existing business of two years and above in manufacturing, processing, agriculture, ICT/digital services, financial services, etc. The focus is on businesses that source raw materials locally.
- The Training is free. You are not required to make any payment.
For more information, visit https://www.mtn.ng/yellopreneur/