AnyanyoNissiSaeed

WHAT IS YOUWIN!?

YouWiN! stands for Youth Enterprise with Innovation in Nigeria. It is an innovative business plan competition aimed at job creation by encouraging and supporting aspiring entrepreneurial youth in Nigeria to develop and execute business ideas. The accomplishments of the 1,200 YouWiN! awardees were celebrated at the Presidential Villa on April 12, 2012. YouWiN! Women was the second edition of the entrepreneurial scheme, which was designed for only female entrepreneurs aged 45 years or less. The third edition, YouWiN! 3, which support both male and female entrepreneurs in Nigeria, recently announced the 1500 awardees.With the  launch of YouWiN! 4, the President of Nigeria will have fulfilled his promise to financially support over 3,600 Nigerian youths to develop their entrepreneurial ideals and plans through the YouWiN! program. YouWiN! 4 is open to both male and female entrepreneurs between the ages of 18 – 45 years.

The Youth Enterprise with Innovation in Nigeria (You WiN!) Programme is a collaboration of the Ministry of Finance, the Ministry of Communication Technology (CT), the Ministry of Youth Development and the Ministry of Women Affairs and Social Development that will launch an annual Business Plan Competition (BPC) for aspiring young entrepreneurs in Nigeria, in line with the Federal Government’s drive to create more jobs for Nigerians. The programme will be implemented in partnership with Nigeria’s private sector, who will be requested to provide funding support.

GOAL OF THE PROGRAMME

The main objective of the Youth Enterprise with Innovation in Nigeria (YouWiN!) Programme is to generate jobs by encouraging and supporting aspiring entrepreneurial youth in Nigeria to develop and execute business ideas that will lead to job creation. The programme will provide aspiring youth with a platform to show case their business acumen, skills and aspirations to business leaders, investors and mentors in Nigeria.

SPECIFIC OBJECTIVES OF THE PROGRAMME:

Attract ideas and innovations from young entrepreneurial aspirants from Universities, Polytechnics, Technical colleges, and other post-Secondary institutions in Nigeria;
Provide a one time Equity grant for 1,200 selected aspiring entrepreneurs to start or expand their business concepts and mitigate start up risks;
Generate 80,000 to 110,000 new jobs for currently unemployed Nigerian youth over the three years during which the three cycles will be implemented;
Provide business training for up to 6,000 aspiring youth entrepreneurs spread across all geo-political zones in Nigeria;
Encourage expansion, specialization and spin-offs of existing businesses in Nigeria; and,
Enable young entrepreneurs to access a wide business professional network and improve their visibility.

See details of how to apply: https://www.youwin.org.ng/

 

Leave a Reply

Your email address will not be published.