Reports has it that the Central Bank of Nigeria (CBN) has developed grants for graduates and students to reduce unemployment, Visit cbnties.com.ng portal 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. The aPex Bank said TIES aims to increase access to finance for Nigerian polytechnic and university graduates and graduates with innovative business and technological ideas.
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 “,
Apex Bank has announced that it will form a private and public sector expert organization (BoE) for two-year regional and national entrepreneurship competitions to assess the entrepreneurial and technological innovations offered by Nigerian polytechnics and universities. BoE will recommend high-potential projects. and the variable impact on the award of the grant.
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