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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Utibe Etim is a social entrepreneur, an IT expert and a business developer. He is committed to solving some of the biggest problems in entrepreneurship eco-system by support young entrepreneurs in identifying opportunities and resources to help them plan, start and grow their businesses. He is the founder of UtibeEtim.com, a platform that focuses on promoting entrepreneurship as a viable career option and a solution to unemployment for young Nigerians and Africans which in turn create wealth and economic development. Utibe Etim develops business plans, feasibility studies, website development, social media marketing just to mention a few. He writes unique and inspiring articles and share tips on business and technology. You can connect with him on Facebook personal profile or Facebook Business page or Twitter: @Twitter or Phone: 07031542324 or or contact me on info(at)utibeetim.com or utibeman(@)gmail.com

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