MTN Y’ellopreneur Initiative Program for Nigerian Youths
Are you a female entrepreneur in Nigeria looking to grow your business? The MTN Y’ellopreneur Initiative Program by MTN Nigeria Foundation is here to help you! This program is designed to support female entrepreneurs who have been running their businesses for at least two years, providing them with capacity building, access to capital through loans, grants, and advisory support services for long-term business sustainability.
SUMMARY
- Organisation: MTN Nigeria Foundation
- Program Location: Nigeria
- Program Duration: Not Stated
- Available Slot: Several
- Basic Qualifications: Female Entrepreneurs
- Nationality: Nigerians
See Also: World Youth Alliance Advocacy Academy Training Program 2025
Eligibility Criteria
Applicants must meet the following conditions for the MTN Y’ellopreneur Initiative Program:
- Must be Nigerian females
- Must be Female Entrepreneurs
- Display passion and commitment to self-employment
- Run an existing business for two years or more in areas like circular economy, manufacturing, agriculture, ICT/digital services, etc.
Phase 2 Activities
The second phase will involve:
- Entrepreneurial skills training for 1000 female entrepreneurs.
- Development and presentation of bankable business plans.
- Equipment loan support of up to N3 million each to 150 female entrepreneurs
- Business advisory support services
- Seamless loan repayment processes for project sustainability
Also Apply: African Development Bank Group Young Professionals Program (YPP)
Application Procedures
How-to-Apply: Interested applicants for the MTN Y’ellopreneur Initiative Program can fill the form online. Please note the fields marked (*) are compulsory.
By filling the form, you consent to MTN/MTNF using your personal information for this project.
Application Deadline: Not Stated
FAQs
What is the MTN Y’ellopreneur Initiative Program all about?
The MTN Y’ellopreneur Initiative is a program by MTN Nigeria aimed at empowering female entrepreneurs by providing them with capacity-building training, equipment, and access to business loans. The initiative focuses on boosting women-owned businesses across various sectors to promote sustainable economic development.
Who is eligible to apply for the MTN Y’ellopreneur Program?
To be eligible, applicants must be Nigerian women between the ages of 18 and 35, must own a registered business that is at least two years old, and must be able to demonstrate a strong passion and commitment to growing their enterprise. Additionally, applicants must have access to a functional digital device and internet connectivity for training sessions.
What benefits do selected participants receive from the program?
Selected participants receive intensive entrepreneurial training, business advisory support, and the opportunity to access equipment loans ranging from ₦500,000 to ₦2,000,000 at low-interest rates. Exceptional participants may also receive grant funding if they meet the loan repayment conditions and demonstrate business growth.
How can one apply for the MTN Y’ellopreneur Initiative?
Interested applicants can apply through the official MTN Foundation website during the application window. They must fill out an online form, submit necessary business documents, and complete the selection process, which includes interviews and assessments. Notifications are sent to successful candidates via email or SMS.
