Federal Government and Tiimafrica have re-opened a supplementary application process for youth who run businesses, to apply for a one time grant worth $5,000. To apply, click here.
This was disclosed in a statement issued by Ramon Balogun, Assistant Director, Press, Federal Ministry of Youth and Sports Development via the ministry’s Twitter handle on Friday.
It stated, “After careful examination of all applications submitted, applicants who met the stated criteria were less than 50, as opposed to the intended 100.
“As a result, a supplementary application process will be opened for more applicants to access. Additionally, the list of screened, eligible applicants will be published and funds disbursed appropriately.”
When reopened, Balogun explained that the application portal will accept supplementary applications from business owners who are still interested but could not meet up the last application deadline and who have the necessary requirements to apply within this period.
The Ministry of Youth and Sports Development in partnership with @TimAfrica, has opened a supplementary application process for #ProjectGrow100. The project is aimed at empowering 100 youth owned businesses with $5,000. Apply via https://t.co/KttFGgSTGj or https://t.co/qqJjcEADmr pic.twitter.com/p8keTgwRZA
— Min of Youth& Sports (@NigeriaFMYS) February 5, 2021
The eligibility criteria are as follows:
* Nigerian between age 25-35
* Must be running a business within Nigeria
* Have 6-month minimum financial records.
To apply for this grant, click here.