The
Graduate Entrepreneurship Fund (GEF) is a special N2 billion empowerment
programme for serving members of the National Youth Service Corps (NYSC) which
was launched on October 5, 2015. This novel scheme, which is a joint initiative
of the Bank of Industry (BOI) and the National Youth Service Corps (NYSC), has
the following objectives:
-
Encourage graduates of tertiary institutions currently undergoing the
compulsory one-year NYSC programme, to venture into business and become
employers of labour rather than job seekers.
-
Address the entrepreneurship capacity gap of the NYSC members who are expected
to produce bankable business plans after the three-day capacity building
programme.Related...http://hollalaycan.blogspot.com/2015/10/9-sure-steps-to-set-up-your-own.html
-
Deepen financial inclusion by de-risking the NYSC members and making them
eligible for concessional loans ranging between N500,000 and N2 million to be
provided by BOI.
-
Ensure sustainability of the businesses of the eventual loan beneficiaries
through effective monitoring by the NYSC Directorate and BOI.
The
GEF Programme comprises the following:
a.
Online Business Plan Competition to select the most promising real sector
business ideas. Selection/screening of participants shall be done via the GEF
online application portal: www.boinigeria.com
[
www.scholarship-nigeria.com ]
b.
Three days intensive entrepreneurship capacity building programme.
c.
Loan amount of up to N2 million to be provided to each successful participant
with bankable business plans within BOI's 35 SME clusters (list at BOI's
website www.boi.ng), at an interest rate of 9% per annum, with tenors ranging
from 3 - 5 years
inclusive of 6 - 12 months moratorium period.
inclusive of 6 - 12 months moratorium period.
The
Capacity Building Programme is scheduled to hold simultaneously at the
following venues:
S/N
Geo-Political
Zone/State
NYSC
Camp Location
1
South-South
Former
Martins TTC, Issele-Uku, Aniocha North L.G.A, Delta State
2
South-East
Umunna,
Bende L.G.A, Abia State
3
South-West
Aisu
College Hospital Road, Ede, Osun State
4
North-East
Government
College, Jalingo, Taraba State
5
North-Central
Mangu,
Plateau State
6
North-West
Mani
Road, Katsina, Katsina State
7
Lagos
Iyana
Ipaja, Agege, Lagos State
The
Entrepreneurship Capacity Building Programme will take place at the above
stated centres between 18th - 20th November, 2015.
Interested
serving NYSC members are hereby requested to apply online immediately.
Application
closes by midnight of 3rd November, 2015.
Management,Bank
of Industry
customercare@boinigeria.com
For your Business Registration, Business Plan, Brand Marketing, Business Proposals,
Strategic Business Development, Content Management,SMS and E-mail
Marketing, Expatriate Quota/Work Permits, SMEs start-up.
Contact us at:
Prospective Ideas Nig Ent
5, Atunwa Street Off Unity Rd,
By Custom Training School
Ikeja
Lagos-State.
+2348034201291; +2348170327317
ideasandprospects@gmail.com;
lekanolanite@gmail.com.
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