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Apply For 2023 CBN SME Loan Application Portal Opened For Small And Medium Business Enterprises, Apply Before Dateline

Apply For 2023 CBN SME Loan Application Portal Opened For Small And Medium Business Enterprises, Apply Before Dateline

Apply For 2023 CBN SME Loan Application Portal Opened For Small And Medium Business Enterprises, Apply Before Dateline





INTRODUCTION

The Central Bank of Nigeria, as part of its effort to boost economic growth and reduce unemployment among graduates of Nigeria Polytechnics and Universities, introduced the Tertiary Institutions Entrepreneurship Scheme. The Scheme is designed to create a paradigm shift among undergraduates and graduates from the pursuit of white collar jobs to a culture of entrepreneurship geared towards job creation, economic growth and sustainable development. Interested Applicants Should click here to apply https://cbnties.com.ng

The Central Bank of Nigeria(CBN) therefore developed the Tertiary Institutions Entrepreneurship Scheme (TIES), in partnership with the academia( Universities and Polytechnics) to unleash the potential of the Nigeria graduate entrepreneurs (gradpreneurs) by providing re-orientation, training and an innovative financing model that will enhance the entrepreneurial ecosystem with transformational impact on the economy.

Tertiary Institutions Entrepreneurship Scheme logo
Tertiary Institutions Entrepreneurship Scheme (TIES)
An initiative targeted at empowering graduates of Nigerian Polytechnics and Universities with entrepreneurial skills for Entrepreneurship development, Economic development and Job creation. CONTINUE READING FROM SOURCE 


Apply Now
https://cbnties.com.ng is the ONLY approved portal for submission of applications

Note: The CBN will never charge you or ask you to pay to submit your loan application or to access the loan.. For further information and the guidelines. Please visit www.cbn.gov.ng


Objectives

The broad objective of the Scheme is to enhance access to finance by undergraduates and graduates of polytechnics and universities in Nigeria with innovative entrepreneurial and technological ideas. Other specific objectives of the Scheme include:

Provide an enabling environment for co-creation, mentorship and development of entrepreneurial and technological innovations for value creation in partnership with Nigerian polytechnics and universities for the purpose of economic development and job creation;
Fast track ideation, creation and acceleration of a culture of innovation-driven entrepreneurship skills among graduates of polytechnics and universities in Nigeria;
Promote gender balance in entrepreneurship development through capacity development and improved access to finance;

Leapfrog entrepreneurial capacity of undergraduates and graduates for entrepreneurship and economic development in partnership with academia and industry practitioners; and
Boost contribution of non-oil sector to the nation’s GDP. CONTINUE READING FROM SOURCE 


Requirements

The group shall apply as a business entity registered with the Corporate Affairs Commission (CAC) and certified true copies (CTC) of relevant forms submitted.

Bank Verification Number (BVN);

Verified first degree certificate (BSc/HND or its equivalent);

Verified National Youth Service Certificate (NYSC) discharge or exemption certificate;

Certificate issued by polytechnics and universities evidencing entrepreneurship training;

Duly signed Global Standing Instruction (GSI);

Third party guarantee: a senior federal/state civil or public servant, clergy, recognised traditional ruler, professionals (lawyers, doctors, accountants etc.), confirmed staff of established companies.


METHOD OF APPLICATION



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