The Youth Entrepreneurship Support (YES) programme is an ambitious programme by the Bank of Industry (BOI) aimed at addressing youth unemployment in Nigeria which is currently over 50%. According to a 2013 survey by the Nigerian Institute of Social and Economic Research (NISER), most of the capacity building programmes aimed at addressing youth unemployment, have concentrated more on training without any tie-in to the provision of small business loans, which is a critical success factor to the establishment of small businesses. In addition, they hardly take care of the entire training value chain in terms of Entrepreneurship, Business Management and Technical Skills.

The YES Programme

BOI’s approach to tackling the youth capacity building challenge is to focus on young aspiring entrepreneurs within the age bracket of 18 – 35 years that have viable business ideas by developing a Product Program – Youth Enterprise Support Programme (YES Programme), for empowering them. This crop of Nigerians forms a significant proportion of unemployed youth in the country.

Components of the YES Programme

The YES Programme comprises the following:

Eight ( weeks intensive online Entrepreneurship and Business Management training which has the ability to test participants’ understanding and track their progress.
Five (5) days in-class Entrepreneurship and Business Management training
Technical skills training in partnership with the various technical training and vocational institutes in the country.
Financing the businesses by BOI under its SME Cluster initiative in consonance with the United Nations Economic Commission for Africa’s Commodity-based Industrialisation Strategy.
Programme Objectives

The YES Programme has the following broad objectives:

To create an interactive learning platform to train young aspiring entrepreneurs in entrepreneurship and business management that will ultimately translate into improved efficiency and productivity.
To kindle the entrepreneurial spirit of the youths.
To act as an incubation center where business ideas are nurtured to their full potential as well as entrenching global best practices by inculcating a culture of innovation-driven entrepreneurship and ethics in the programme participants.
Promotion of self-employment among graduates of institutions of higher learning, thereby changing their job-seeking mindset.
To deepen financial inclusion by de-risking the young aspiring entrepreneurs and making them eligible for small business loans to be provided by BOI.

Call for application closes April 30, 2016

http://byykk.com/apply-youth-entrepreneurship-support-yes-programme/

This is a great opportunity for us o. Don't miss out

Currently applying for my fiancé while also informing my friends about it.....I just have a good feeling abt dis..... Maybe cuz I have watched on channelstv how the bank of industry have over the years helped pple set up small but effective businesses...

MVLOX:
Currently applying for my fiancé while also informing my friends about it.....I just have a good feeling abt dis..... Maybe cuz I have watched on channelstv how the bank of industry have over the years helped pple set up small but effective businesses...

Actually, those guys are trying

MVLOX:
Currently applying for my fiancé while also informing my friends about it.....I just have a good feeling abt dis..... Maybe cuz I have watched on channelstv how the bank of industry have over the years helped pple set up small but effective businesses...

can one get loan for start up from bank of industry without collateral?

Nice one

I think this is good. Are you guys going to be discussing about tech, or is this another cocoa export seminar?

Nafizzey:
can one get loan for start up from bank of industry without collateral?

I don't really knw but I surely have seen many testimonies abt BOI

If our site if you don't have any idea

Byikson:
This is a great opportunity for us o. Don't miss out

I went through the site and just discover.only existing business registered with CAC can apply for the loan not for start Ups..

Nafizzey:
I went through the site and just discover.only existing business registered with CAC can apply for the loan not for start Ups..

Just fill everything like that and submit. Regarding their advert I don't think it's only for those with existing business.

Byikson:

Just fill everything like that and submit. Regarding their advert I don't think it's only for those with existing business.

After submitting the Application, can I edit.?

Byikson:

Just fill everything like that and submit. Regarding their advert I don't think it's only for those with existing business.

After submitting the Application, can I log in my account and edit.?

Nafizzey:
After submitting the Application, can I log in my account and edit.?

Since no condition is stated for such occurrences you can still give it a try.

Nafizzey:
After submitting the Application, can I log in my account and edit.?

But actually you can't

Byikson:

But actually you can't

Why? Did you try to edit and could not?

Nafizzey:
Why? Did you try to edit and could not?

Yes.
When I tried this is what I saw

You can only apply once to this program

Pls share any info on the YES programmes.

I got a message on YES-Program. Anyone else got it?

Congrat to all that ur name is on the list Pls if u kn ur name is on the list pls we have a whatsapp group that we can update ourself so pls jst add this number and say hi/hello for YES-P tnks (08162572799)

please can anyone confirm if the BOI YES program is still ongoing, and can intending entrepreneurs without a registered company apply for it and does it require a collateral or any interests..