Through my study, I was able to make a list of 5 ideas that can improve your chances of winning YouWIN! grant in 2015. The truth is:

"The YouWIN (Youth Enterprise with Innovation in Nigeria) business plan competition is getting tougher by the day. As more and more people get to know about the competition and apply, it is requiring some more effort to distinguish yourself and win the grant."

Here are the two most important things you should think about -

1. Think About What Exactly Your Business is About

The first question you must be able to answer among the YouWIN questions is what exactly your business is.

You must be able to describe your business in simple terms and explain what you are doing or what you want to be doing.

How does your business work? Who are your customers and what’s the potential of your customer base? How do you want to go about your business in order to subdue the competition?

These are questions you have to answer to help you describe your business better.

2. Think About Your Competitors and Describe Them Appropriately

There are several factors you can consider in evaluating your competitors and what differentiates you from them.

Think about the market segments your competitors focus on.
Do they have a brand or generic product?
Do you consider them high or low technology?
Which of the 4 P’s (product, price, place, promotion) of marketing do they focus on?
Do they mostly outsource or develop their products?
Do they use specialists?
Consider any of the factors that you can use to describe your competitors and then think about what differentiates you from them.

- You can read the entire posts at: http://woculus.com/5-ideas-help-correctly-answer-youwin-4-questions-2015-competition/









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bizay7:
Through my study, I was able to make a list of 5 ideas that can improve your chances of winning YouWIN! grant in 2015. The truth is:

"The YouWIN (Youth Enterprise with Innovation in Nigeria) business plan competition is getting tougher by the day. As more and more people get to know about the competition and apply, it is requiring some more effort to distinguish yourself and win the grant."

Here are the two most important things you should think about -

1. Think About What Exactly Your Business is About

The first question you must be able to answer among the YouWIN questions is what exactly your business is.

You must be able to describe your business in simple terms and explain what you are doing or what you want to be doing.

How does your business work? Who are your customers and what’s the potential of your customer base? How do you want to go about your business in order to subdue the competition?

These are questions you have to answer to help you describe your business better.

2. Think About Your Competitors and Describe Them Appropriately

There are several factors you can consider in evaluating your competitors and what differentiates you from them.

Think about the market segments your competitors focus on.
Do they have a brand or generic product?
Do you consider them high or low technology?
Which of the 4 P’s (product, price, place, promotion) of marketing do they focus on?
Do they mostly outsource or develop their products?
Do they use specialists?
Consider any of the factors that you can use to describe your competitors and then think about what differentiates you from them.

- You can read the entire posts at: http://woculus.com/5-ideas-help-correctly-answer-youwin-4-questions-2015-competition/









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Please waht about this 50words they mean? Would it be a disqualifying factor if one exceeeds 50words?

I heard ideas like Agriculture and Waste Management makes the top list on http://www.divanaija.com.ng/www-youwin-org-ng-youwin-business-plan-competition-2015/

Also, its worthy to note that the idea of teh scheme is for you to be an employer of labour!!! Not using the money to buy Honda End of Discussion like some of my friends disclosed

@Fritxie It is an online application, and you will not be allowed to post anything more than the specified number of words. If it is above the specified number, the computer will reject the answer.

I read all about Youwin Nigeria from here www.supreme.com.ng/youwin-business-plan-competition-2015-www-youwin-org-ng/

What will be d fate of youwin program after May 29, 2015?