NYIF Loan Application| The Nigerian Youth Investment Fund (NYIF) was set up as an initiative of the Federal Ministry of Youth and Sports Development (FMYSD) and funded by the Central Bank of Nigeria (CBN) to invest in youth ideas to build sustainable businesses that can activate enterprise and increase job opportunities in Nigeria.
If you where not able to apply for the Nigeria Youth Investment Fund NYIF Loan before, you can do so now. This is good news for you! The NYIF Loan Application Portal Is Now fully Re-opened
Nigerian Youth Investment Fund NYIF Loan 2021
You can now Access up to N3 Million Credit Facility Dedicated to investing in the innovative ideas, skills & talents of Nigerian youths aimed at turning them into entrepreneurs, wealth creators and employers of labour
Who Is Eligible?
1) Individuals/Non-registered Businesses
a. Individual within the age bracket of 18 to 35 years
b. Has a valid BVN and means of ID
c. Provision of Business plan Summary or Completed Questionnaire
d. Entrepreneurship Training Certification from FMYSD Entrepreneurship Development Institutes (EDIs)
SEE ALSO: How To Apply For CBN Undergraduate and Graduate TIES Grant
2) Registered Businesses
a. Formal business enterprises (Youth owned enterprises), duly registered with the Corporate Affairs Commission (CAC)
b. Business plan Summary or Completed Questionnaire
c. Valid Bank Verification Number (BVNs) of Directors
d. Provision of Tax Identification Number (TIN)
e. Entrepreneurship Training Certification from FMYSD EDIs
How to apply fo NYIF Loan
If you are interested in this opportunity, click on the link below to apply
Click here to apply for NYIF loan
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