CBN New Grant Application Portal: Apply for CBN N500k Grants for Graduates, Undergraduates – The Central Bank of Nigeria introduces N500 grant for Graduates and undergraduates in Nigeria as a whole for interested and qualified individuals and its soul aim is to drastically reduce the rate of unemployed youth in the country.
The Tertiary Institutions Entrepreneurship Scheme (TIES), in partnership with Nigerian polytechnics and universities, harnesses the potential of graduate entrepreneurs (gradpreneurs) in Nigeria.
This article contains all information about the CBN grant of 500k so seat back and read this article carefully before applying.
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Requirements for CBN N500,000 Grants for Graduates
The following factors determine your eligibility.
- First-degree certificate (BSc/HND/ or it is equivalent)
- Certificate of Participation issued by polytechnics and universities evidencing entrepreneurship training
- National Youth Service Certificate (NYSC) discharge or
- Not more than 7 years post-NYSC.
How to Apply for CBN N500,000 Grant
The CBN N500,000 Grant is a governmental loan and I will love all interested individuals to apply for it, that’s why am giving you the steps on how to apply or register;
Interested and qualified candidates show click the link below
Frequently Ask Questions(FAQ)
Eligible States for CBN N500,000 Grant
All 36 states are eligible for the CBN N500,000 Grant
- Abia State
- Adamawa State
- Akwa Ibom State
- Anambra State
- Bauchi State
- Bayelsa State
- Benue State
- Borno State
- Cross River State
- Delta State
- Ebonyi State
- Edo State
- Ekiti State
- Enugu State
- Federal Capital Territory
- Gombe State
- Imo State
- Jigawa State
- Kaduna State
- Kano State
- Katsina State
- Kebbi State
- Kogi State
- Kwara State
- Lagos State
- Nasarawa State
- Niger State
- Ogun State
- Ondo State
- Osun State
- Oyo State
- Plateau State
- Rivers State
- Sokoto State
- Taraba State
- Yobe State
- Zamfara State
What the CBN is saying / CBN Introduces N500 Grants for Graduates
The program is established to change students and graduates from white-collar office jobs to an entrepreneurial culture conducive to economic development and job creation.
The apex bank had in word that TIES was established in answer to the trend of graduates seeking white-collar jobs and to turn their attention to the creation of jobs.
The CBN said that a million awards will be given to the Five top Nigerian polytechnics and universities with the best entrepreneurial pitches/ideas.
- First place – N150m
- Second place – N120m
- Third place – N100m
- Fourth place – N80m
- Fifth place – N50m
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