N3m MTN Yellopreneur Grant | How To Apply
MTN Yellopreneur Grant is an avenue to train young women in a bid to contribute to the reduction in women unemployment and advance women development in Entrepreneurship.
The MTN Yellopreneur Grant as a program, will train 1000 Nigerian women in entrepreneurship while also providing them with startup grants and loans worth N2million.
If you are interested in applying for this opportunity, read this post till the end, as we will provide you with the details of how to apply successfully.
MTN Yellopreneur Grant is empowering young women through capacity building and access to capital through loans, grants, and advisory support services for long term business sustainability.
Launched by the MTN Nigeria Foundation in 2022, the MTN Yellopreneur Grant trained 4,711 Female Entrepreneurs in the fundamentals of business Management & Development.
This training empowered them to vie for the opportunity to receive up to N2 Million as equipment loan/grants to grow their businesses.
Equipment loans of over N94 Million were disbursed to 50 female entrepreneurs. Upon full repayment of the loan, our Y’ellopreneurs will receive 25% of the loan value as grants.
Eligibility Criteria:
- Be interested and passionate about entrepreneurship
- Be a Nigerian young woman
- Be ready to partake in the training and complete it
Benefits:
- The MTN Yellopreneur Grant will train young 1000 female entrepreneurs in several profitable fields
- The trained women are then provided with startup materials and capital worth up to N3m
- A follow-up business plan and advices are further given to these women for sustainability of their businesses
- The repayment plan of the loan is very flexible and 25% of this fund is given back to the enterprenuers
MTN Yellopreneur Grant Stages
Stage 1: Entrepreneurial skills training for 1000 female entrepreneurs
Stage 2: Development and Presentation of Bankable Business plan
Stage 3: Equipment loan support of up to 3 million naira each for 250 female entrepreneurs
Stage 4: Business advisory support services
Stage 5: Seamless loan repayment processes to ensure project sustainability.
How to Apply?
- Visit the MTN Foundation’s page using the link below
- Locate the “Click Here To Apply” button and click on it
- Fill in your correct personal details when you land on the page
- Upload your document as required
- Submit your application and await the decision
