Loan & Grant

Federal Government Announces 2024 Technical/Entrepreneurship Skill Grant of ₦500,000 for Start-ups

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Federal Government Announces 2024 Technical/Entrepreneurship Skill Grant of ₦500,000 for Start-ups

In a bid to foster technical, vocational, and entrepreneurial skills among Nigerian youths, the Office of the Senior Special Adviser to the President on Technical, Vocational, and Entrepreneurship Education (SSATVEE) has announced the commencement of the 2024 Federal Government Technical/Entrepreneurship Skill Grant program. Geared towards individuals aged 18 to 40, this initiative aims to provide a substantial boost to aspiring innovators and business owners across the nation.

Grant Overview:

The Federal Government Technical/Entrepreneurship Skill Grant offers eligible Nigerian youths the opportunity to receive a grant of #500,000 as a start-up kit for their business ventures. With no requirement for IELTS, the program is designed to facilitate accessibility and inclusivity, enabling participants to focus solely on showcasing their technical or entrepreneurial prowess.

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Eligibility and Application Process:

To qualify for consideration, applicants must be Nigerian youths within the specified age range. The application process involves several straightforward steps:

  1. Follow Social Media Accounts: Follow @abiola_arogundade_ssa on Instagram and Abiola Arogundade on Facebook.
  2. Create a Video: Record a concise, one-minute video articulating your technical, vocational, or entrepreneurship goals for the year 2024. Emphasize your passion and capacity in your chosen field.
  3. Upload and Tag: Share your video on either Instagram or Facebook, accompanied by the designated caption: “I am part of the next generation of Nigerian innovators and entrepreneurs transforming our nation. I know that the future belongs to me because I believe in the beauty of my dream. #MY2024TVEEGOALS #TVEEAspires 2024.” Tag @abiola_arogunade_ssa in your post.
  4. Business Plan Training: Selected participants will receive free training to develop their business plans, with the best submissions standing a chance to secure the grant.

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Deadline and Further Details:

While the deadline for submissions is not specified, interested individuals are encouraged to act promptly to seize this opportunity. The program promises to not only provide financial support but also valuable guidance and resources to help transform innovative ideas into successful enterprises.

Conclusion:

The 2024 Federal Government Technical/Entrepreneurship Skill Grant represents a significant step towards empowering Nigerian youths and fostering a culture of innovation and entrepreneurship. By equipping aspiring individuals with the necessary tools and funding, the initiative aims to drive economic growth and development while nurturing the next generation of business leaders. As the nation looks towards a future fueled by innovation and enterprise, this grant serves as a beacon of opportunity for young Nigerians to realize their dreams and contribute meaningfully to society.

SHARE THIS SCHOLARSHIP

Ensure to share this opportunity with eligible individuals to maximize its impact and reach across Nigeria’s vibrant youth community.

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