Federal Government and Tiimafrica are set to re-open a supplementary application process for youth who run businesses, to apply for a one time grant worth $5,000.
This was disclosed in a statement issued by Ramon Balogun, Assistant Director, Press, Federal Ministry of Youth and Sports Development via the ministry’s Twitter handle on Friday.
It stated, “After careful examination of all applications submitted, applicants who met the stated criteria were less than 50, as opposed to the intended 100.
“As a result, a supplementary application process will be opened for more applicants to access. Additionally, the list of screened, eligible applicants will be published and funds disbursed appropriately.”
The Ministry of Youth and Sports Development in partnership with @TimAfrica, has opened a supplementary application process for #ProjectGrow100. The project is aimed at empowering 100 youth owned businesses with $5,000. Apply via https://t.co/KttFGgSTGj or https://t.co/qqJjcEADmr pic.twitter.com/p8keTgwRZA
— Min of Youth& Sports (@NigeriaFMYS) February 5, 2021
When reopened, Balogun explained that the application portal will accept supplementary applications from business owners who are still interested but could not meet up the last application deadline and who have the necessary requirements to apply within this period.
* Nigerian between age 25-35
* Must be running a business within Nigeria
* Have 6-month minimum financial records.
What you should know
In November 2020, Tiimafrica in partnership with the Federal Ministry of Youth and Sports Development called for applications from Nigerian youth who run businesses, to apply for a one-time grant worth $5,000.
The grant, aptly named Project Grow 100, was aimed at empowering 100 Nigerian youth-owned businesses.
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