The second edition of the YouWiN Business Plan competition tagged “YouWIN! Women” has launched. The YouWiN Women is an equity grant/fund designed for ONLY female entrepreneurs aged 45 years or less.
To be eligible for the Business Plan Competition you must satisfy the following criteria

You must be a proven citizen of Nigeria and a woman no older than 45 years (proof of identity: International passport/Drivers License/National ID/Voters card required)
You must have a post-secondary school qualification
Your proposed business venture must be within the national borders of Nigeria, and with the intention of employing Nigerian citizens.
Your proposed venture must not entail the production or distribution of weapons, alcoholic beverages, tobacco or/and gambling, or any activities in contradiction with the Nigerian constitution
You must prepare an innovative business concept summary

To register visit www.youwin.org.ng and www.businessplansnigeria.com for help in developing your winning business plans

Objectives of the programme

The main objective of the Youth Enterprise with Innovation in Nigeria (You WiN!) Programme is to generate jobs by encouraging and supporting aspiring entrepreneurial youth in Nigeria to develop and execute business ideas that will lead to job creation. The programme will provide aspiring youth with a platform to show case their business acumen, skills and aspirations to business leaders, investors and mentors in Nigeria.

Specific Objectives of the Programme include to:

Attract ideas and innovations from young entrepreneurial aspirants from Universities, Polytechnics, Technical colleges, and other post-Secondary institutions in Nigeria;
Provide a one time Equity grant for 1,200 selected aspiring entrepreneurs to start or expand their business concepts and mitigate start up risks;
Generate 80,000 to 110,000 new jobs for currently unemployed Nigerian youth over the three years during which the three cycles will be implemented;
Provide business training for up to 6,000 aspiring youth entrepreneurs spread across all geo-political zones in Nigeria;
Encourage expansion, specialization and spin-offs of existing businesses in Nigeria; and,
Enable young entrepreneurs to access a wide business professional network and improve their visibility.

PLEASE NOTE!!!

YouWiN is an equity contribution to your business. It is therefore NOT A LOAN but a grant.
Award recipients will be paid according to the needs of the business and specific mile-stones stated in the business plan.
Award recipients must be registered with CAC before disbursment of funds even though they do not need to be registered to apply. You/wiN will support the registration process.
Award recipients will opperate accounts using their registered companies with any of the participating commercial banks prior to disbursment.
Award recipients must sign a grant agreement with the managers of YouWiN before disbursment of funds