Info For You Lot Youth Corporation Amongst Excogitation Inward Nigeria Trace Concern Project Design Contest - Tertiary Edition (Youwin 3!) For Nigerians (Updated)

YouWiN 3! Business Plan Competition

Competition Subjects: Business plans
Competition Level: All levels
Provider: Federal Government of Nigeria
Country to Study in: Nigeria

Scholarship Description
The YouWiN! (Youth Enterprise amongst Innovation inwards Nigeria) Programme, an innovative annual Business Plan Competition (BPC), is targeted at aspiring immature Nigerian entrepreneurs.

The programme aims to practice jobs past times encouraging in addition to supporting aspiring entrepreneurial youth inwards Nigeria to educate in addition to execute draw of piece of work organisation ideas. This is inwards draw amongst the Federal Government’s stimulate to practice to a greater extent than jobs for Nigerians.

The start circular of the contest was awarded inwards 2011 amongst 1200 successful businesses. The 2012 (second) circular of the entrepreneurial system – YouWIN Women, was designed entirely for woman mortal entrepreneurs, historic menses 45 or less.

Now introducing the third circular of the entrepreneurial system - YouWin 3!.

YouWiN! iii is the 3rd edition in addition to volition characteristic men in addition to women entrepreneurs inwards Nigeria betwixt the ages of eighteen to 45. Every Nigerian that wants to start a draw of piece of work organisation or expand their existing draw of piece of work organisation tin give notice participate.

The 2013 YouWIN Business contest (third edition) was launched past times the president on Nov 25, 2013.

IMPORTANT UPDATE FOR YouWiN! APPLICANTS:
The Deadline for Submission Of YouWiN! iii Concept Note has been EXTENDED! Please run into the department on "Deadlines" below for more.

Youth Enterprise amongst Innovation inwards Nigeria Info For You Youth Enterprise amongst Innovation inwards Nigeria Business Plan Competition - 3rd edition (YouWiN 3!) for Nigerians <i>(UPDATED)</i>
Eligibility
To live on eligible for the Business Plan Competition you lot must satisfy the next criteria:
  • You must live on a proven citizen of Nigeria no older than 45 years (proof of identity: International passport/Drivers License/National ID/Voters carte du jour required)
  • You must bring a post-secondary schoolhouse qualification
  • Your proposed draw of piece of work organisation venture must live on inside the national borders of Nigeria, in addition to amongst the intention of employing Nigerian citizens.
  • Your proposed venture must non entail the production or distribution of weapons, alcoholic beverages, tobacco or/and gambling, or whatever activities inwards contradiction amongst the Nigerian constitution
  • You must gear upward an innovative draw of piece of work organisation concept summary
Eligible groups
Citizens of Nigeria

Participating Institutions
Open to all types of businesses every bit long it is feasible in addition to has a demonstrable capacity to practice jobs.

For existing businesses, you lot must live on registered amongst the Corporate Affairs Commission (CAC). For novel draw of piece of work organisation ideas, you lot practice non bring to live on registered amongst CAC. However, sponsors of novel businesses that win awards inwards this contest volition live on required to register fully amongst CAC prior to receiving whatever accolade funds.

Scholarship benefits
Award recipients volition have betwixt 1,000,000.00 (One 1000000 Naira only), in addition to N10,000,000.00 (ten 1000000 Naira only), depending on their draw of piece of work organisation needs.

Method of Application

Step 1: Who is Eligible to Apply?
Are you lot eligible to apply? Please run into 'Eligibility' above.

You must pick out to participate inwards i accolade pool. There are half dozen regional pools on the footing of geo-political zone every bit identified past times marketplace position inwards which you lot desire to practice business.

Step 2: How to Apply
The adjacent stride is your registration. This is done past times applying online. Register here.

You volition have a confirmation e-mail from YouWIN! amongst all the details you lot volition take away to log in. More on how to apply.

Step 3: Complete New Business Application
Once you lot bring successfully registered you lot take away to Log inwards in addition to click on the New Business Application push on the correct hand-side.

You tin give notice salve your application cast every bit you lot become along, in addition to come upward dorsum to it at whatever time. Once you lot are satisfied amongst your application, you lot tin give notice role the Submit push on the cast to ship it. You tin give notice submit merely ONE application.

Step iv – Keep Informed
After the closing engagement you lot volition live on notified if you lot bring been selected for the adjacent phase of the competition.

DEADLINES:
The YouWIN 3! contest (third edition) was launched past times the president on Nov 25, 2013.

YouWIN 3! Competition Timeline:
The 1st phase applications closed on Dec 27, 2013.
YouWiN! Applicants: APPLICATION EXTENSION!!!
Submission Of YouWiN! iii Concept Note has been Extended till 14/02/2014!!!
The deadlines for the subsequent application rounds volition live on announced inwards the dailies in addition to on the official website inwards due course.

PLEASE NOTE:
This contest is a collaboration of the Ministry of Finance, the Ministry of Communication Technology (CT), the Ministry of Youth Development in addition to the Ministry of Women Affairs in addition to Social Development that volition launch

The programme volition live on implemented inwards partnership amongst Nigeria’s individual sector, who volition live on requested to render funding support.
  • YouWiN! is an equity contribution to your business. It is thence NOT H5N1 LOAN but a grant.
  • Award recipients volition live on paid according to the needs of the draw of piece of work organisation in addition to specific mile-stones stated inwards the draw of piece of work organisation plan.
  • Award recipients must live on registered amongst CAC earlier disbursment of funds fifty-fifty though they practice non take away to live on registered to apply. YouWin! volition back upward the registration process.
  • Award recipients volition opperate accounts using their registered companies amongst whatever of the participating commercial banks prior to disbursment.
  • Award recipients must sign a grant understanding amongst the managers of YouWiN!before disbursment of funds.
You tin give notice bring together the give-and-take on Facebook, Linkedln in addition to Twitter. YouWIN! volition too post regular updates on the official YouWiN! homepage (link to it is below).

Contact
If you lot bring whatever problem registering delight contact us

Application Deadline: 27 Dec 2013 xiv Feb 2014 (stage 1)
Open to International students: No (ONLY Nigerians)

More Scholarship Information in addition to Application
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