BOI/AGDC/First Bank Youth Ignite Initiative 2017 for Young Nigerian Entrepreneurs

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BOI in Partnership with AGDC presents Youth Ignite Initiative – a platform where innovative ideas are brought to life.

The main objective of the project is to create new jobs through entrepreneurship by supporting 1 million entrepreneurs over the next 5 years to create 5 million jobs.

Prerequisites for the contest

Looking for:

  • Talented, creative and dedicated young people who have an existing business or idea that they believe in and are committed to bringing to life.

Requirements:

  • Applicants must be of Nigerian nationality
  • Applicants must be between the ages of 18 – 35.
  • Failure to verify age will result in the application being declined.
  • Applications must articulate a specific business problem to solve or opportunity to address.
  • Applicants must be clear on the benefits from the loan.
  • Employees of Bank of Industry, FirstBank, AGDC, Digital Jewels Limited, etc. and their families are not eligible to apply.
  • The Judges’ decisions are final.

Benefits:

  • Accepted participants will gain access to loan of up to Two Hundred Thousand naira (N200, 000) as well as skilled expertise to help them with their business strategy and growth.
  • All selected applicants are required to attend a business boot camp to refine their business strategy

    All selected participants automatically become part of a community of change-makers, pioneers, explorers, problem-solvers and venture builders.

    Shortlisted ideas/business to will access the following

Duration of the Programme
  • Loan cycle – 12 months (3 months’ moratorium, 9 months’ repayment)

How to apply

  • Interested entrepreneurs should visit www.youthignite.ng
  • Entries must be submitted online within the specified timeframe and conform to specified guidelines and terms and conditions of participation clearly outlined on this website.
  • All entries will be reviewed by the Panel of Judges who consist of carefully selected accomplished professionals from all walks of life.

How to Apply:

Visit the Youth Ignite Initiative 2017 website to apply

Application Deadline: March 13th 2017

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