The MTN Yellopreneur Grant is a program designed to empower young Nigerian women by providing them with training in entrepreneurship, thereby helping to decrease female unemployment and promote women’s advancement in business.

This initiative plans to train 1,000 Nigerian women, offering them startup grants and loans totaling up to N2 million to kickstart their entrepreneurial ventures.

For those interested in seizing this opportunity, keep reading for comprehensive details on how to apply successfully.

Details About the MTN Yellopreneur Grant:

The MTN Yellopreneur Grant aims to support young women by enhancing their skills and providing financial support through loans, grants, and expert advice to ensure their businesses thrive over the long term.

Initiated by the MTN Nigeria Foundation in 2022, the grant has already facilitated the training of 4,711 female entrepreneurs in essential business management and development practices. These women had the chance to compete for up to N2 million in equipment loans/grants to expand their enterprises.

So far, equipment loans totaling over N94 million have been distributed to 50 female entrepreneurs. Those who repay their loans in full will receive a 25% bonus of the loan amount as a grant.

Who Can Apply for the MTN Yellopreneur Grant?

Applicants must:

• Have a keen interest in entrepreneurship.
• Be a young Nigerian woman.
• Commit to completing the training program.

Benefits of the MTN Yellopreneur Grant 2024:

• Training for 1,000 young female entrepreneurs in various lucrative sectors.
• Provision of startup equipment and capital of up to N3 million to the participants.
• Ongoing business planning and advisory support to ensure the longevity of their ventures.
• A flexible loan repayment plan, with 25% of the funds returned to the entrepreneurs upon repayment.

Stages of the MTN Yellopreneur Grant:

1. Training in entrepreneurial skills for 1,000 female entrepreneurs.
2. Creation and presentation of a viable business plan.
3. Equipment loan support of up to N3 million for 250 female entrepreneurs.
4. Provision of business advisory support services.
5. A straightforward loan repayment process to maintain project sustainability.

How to Apply for the MTN Yellopreneur Grant:

Follow these steps to apply:

1. Go to the MTN Foundation’s website using the provided link.
2. Click on the “Click Here To Apply” button.
3. Enter your accurate personal information on the application page.
4. Upload the necessary documents as instructed.
5. Submit your application and wait for a response.

Deadline Not Specified

CLICK HERE TO APPLY