LOCATION: Nigeria
SARA BY WEMA, in collaboration with Enterprise Development Centre (EDC), and MasterCard Foundation proudly presents a transformative initiative aimed at equipping Nigerian youths, especially female entrepreneurs, with essential entrepreneurial and managerial skills. The Transforming Nigerian Youth Program is a comprehensive training and support initiative aimed at empowering young Nigerian entrepreneurs, particularly women, with essential business skills and knowledge.
ELIGIBILITY:
The program targets young Nigerians aged 18 to 35, with a specific focus on women entrepreneurs, across various sectors of the Micro, Small, and Medium Enterprises (MSMEs).
Applications are typically announced via the bank’s social media platforms, external emails, and third-party media platforms. Interested individuals can apply by following the application guidelines provided during the application period.
The program is free of charge for eligible participants. There are no application fees or training costs involved.
Beneficiaries are selected based on predefined criteria, including their active participation in the training program and the quality of their business plans. Seed grants and support services are awarded to eligible participants through a transparent selection process and having a WEMA Bank account is a major eligibility criterion to win the grant award.
The training is self-paced and lasts 15 working days. Participants can start at any time within a 3-month period. Support and additional sessions will be available beyond the initial training to ensure lasting impact.
BENEFIT:
Free Enterprise Training: Free enterprise training for 50,000 young women business
Access to Market: Gain access to free and discounted slots in trade fairs and exhibitions to showcase your products and services.
Personalized Support Services: Receive personalized support from SMEDAN-certified Business Development Support Providers (BDSPs) to help you navigate challenges and capitalize on opportunities.
Seed Grants: Stand a chance to receive grant award of up to N5,000,000 to kickstart or scale your business ventures.