Heritage bank has commenced the selection of young entrepreneurs into it’s Youth Innovative Entrepreneurship Development Programme (YIEDP) in a process that started March 15th 2016 when applications into the scheme started. A mail has been sent to eligible applicants notifying them of the commencement of the selection process.
The programme seeks to empower youth between the ages of 18 – 35 inclueds Serving youth corps members and Non-NYSC (not more than 5 years post NYSC).
The programme is aimed at harnessing the latent entrepreneurial spirit among the teeming youths by providing timely and affordable loans to implement their business ideas. This further provides a sustainable mechanism to stimulate employment, contribute to the Nation’s non-oil GDP, and address the challenge of youth restiveness.
For young entrepreneurs, the grant will be available for the following target sectors: Agro – Allied Food Processing / Preservation, Arts & Crafts Manufacturing / Cottage Industry, Information & Communication Technology (ICT), Construction Support Power & Energy, Education & Financial Inclusion Film & Photography, Automobile, Others.
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