Opportunity Strictly For Graduates Currently Undergoing NYSC

Interested serving NYSC members are hereby requested to apply online immediately.

Application closes midnight of 3 November, 2015.

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 is a joint initiative of Bank of Industry (BOI) and the National Youth Service Corps (NYSC) has the following objectives:

• Encourage graduates on 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 program.
• Deepen financial inclusion yt de-risking the NYSC members and making them eligible for concessional loans ranging between N500,000 and N2 million to provided by BOI.
• Ensure sustainablility of the businesses of the eventual loan beneficiaries through effective monitoring by the NYSC Directorate and BOI.

The GEF program comprises the following:

1. 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
2. Three days intensive entrepreneurship capacity building program.
3. 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 3 - 5 years inclusive of 6 - 12 months moratorium period.

The Capacity Building Program is scheduled to hold simultaneously at the following venues:

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 program will take place at the above stated centers between 18 - 20 November, 2015. Interested serving NYSC members are hereby requested to apply online immediately.

Application closes midnight of 3 November, 2015

For more Info. Contact:

Call:  0700 CALL BOI

Email: customercare@boinigeria.com.

Goodluck.