The Central Bank of Nigeria (CBN), as part of its policy measures to address rising youth unemployment and underemployment, introduces the Tertiary Institutions Entrepreneurship Scheme (TIES) to create a paradigm shift among undergraduates and graduates of Nigerian polytechnics and universities, from seeking white-collar jobs to entrepreneurship.
The CBN Tertiary Institutions Entrepreneurship Scheme (TIES) aims to provide an innovative financing model that will boost job creation, enhance entrepreneurship development, and support economic growth.
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CBN TIES FEATURES:
1. Term Loan
2. Equity Investment.
3. Developmental (Grant) Component
GRANT AWARDS:
• First place – N150.0 million;
• Second place – N120.0 million;
• Third place – N100.0 million;
• Fourth place – N80.0 million; and
• Fifth place – N50.0 million.
Click to apply https://www.recruitmentreport.com.ng/how-to-apply-for-cbn-tertiary-institutions-entrepreneurship-scheme-https-cbnties-com-ng/
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