Now
GoldenNewsNg the Central Bank of Nigeria has developed grants for graduates and students to reduce unemployment,. Visit cbnties.com.ngportal for CBN N500k grants registration.
Tertiary Institutions Entrepreneurship Scheme (TIES), in partnership with Nigerian Polytechnics and Universities to exploit the potential of graduate entrepreneurs in Nigeria..
Pex Bank said TIES aims to increase access to finance for Nigerian polytechnic and university graduates and graduates with innovative business and technological ideas.
The Supreme Bank said the creation of the TIES aims to address the trend of white-collar job seekers and focus on job creation.
The scheme is designed to create a paradigm shift from a “white-collar” job search culture in an entrepreneurial culture to economic growth and job creation between undergraduates and graduates, “said CBN.
As for the grant, CBN will allocate N500 million. among the top 5 third best delivery organizations.
CBN said: “The top five polytechnics and universities in Nigeria with the best entrepreneurial trends / ideas will be awarded first place: N150 m; second place N120 m; third place N80 m; fourth place N80 m and fifth place. Location – N50m “,
Eligibility Criteria / CBN presents N500K scholarships to graduates
Applicants under the scheme will be graduates of Nigeria Polytechnics and Universities:
i. First-degree certificate (BSc/HND/ or it is equivalent);
ii. National Youth Service Certificate (NYSC) discharge or
exemption certificate;
iii. Certificate of Participation issued by polytechnics and universities evidencing entrepreneurship training; and
iv. Not more than 7 years post-NYSC