The Tertiary Institutions Entrepreneurship Scheme was introduced by the Central Bank of Nigeria as part of its effort to boost economic growth and reduce unemployment among graduates of Nigeria Polytechnics and Universities. The Scheme is aimed at creating a paradigm shift among undergraduates and graduates from the pursuit of white collar jobs to a culture of entrepreneurship geared towards job creation, economic growth and sustainable development.
As a result, the Central Bank of Nigeria (CBN) developed the Tertiary Institutions Entrepreneurship Scheme (TIES) in partnership with universities and polytechnics to unleash the potential of Nigeria graduate entrepreneurs (gradpreneurs) by providing re-orientation, training, and an innovative financing model that will enhance the entrepreneurial ecosystem with a transformational impact on the economy.
ELIGIBILITY
The activities to be covered under the Scheme shall include innovative start-ups and budding businesses owned by graduates of Nigerian polytechnics and universities in the following areas:
- Agribusiness – production, processing, storage and logistics;
- Information technology – application/software development, business process outsourcing, robotics, data management;
- Creative industry – entertainment, artwork, publishing, culinary/event management, fashion, photography, beauty/cosmetics;
- Science and technology – medical innovation, robotics, ticketing
NOTE: Trading activities shall not be eligible for financing under the Scheme.
DEADLINE: Unspecified
To apply and for more information visit here
