Bank Of Industry 2018/2019 Form is Out

Bank Of Industry 2018/2019 Form is Out

Graduate Entrepreneurship Fund 2018 programme

This programme is for members of the National Youth Service Corps (NYSC). The scheme provides loans of up to N2million at 0% interest rate to support enterprises and potentially viable business ideas.

The Graduate Entrepreneurship Fund (GEF) programme is a special scheme to encourage and promote entrepreneurship among serving members of the National Youth Service Corps (NYSC).

The Bank Of Industry 2018/2019 programme is scheduled to hold simultaneously at the following venues:

Geo-Political Zone/State – NYSC Camp Location:

South-South: Former Martins TIC, Issele-Uku, Aniocha North L.G.A, Delta State.

South-East: Umunna, Bende L.G.A., Abia State.

South-West: Aisu College Hospital Road, Ede, Osun State.

North-East: Government College, Jalingo, Taraba State.

North-Central: Mangu, Mangu L.G.A, Plateau State
.
North-West: Mani Road, Katsina, Katsina State.

Lagos: Iyana Ipaja, Agege, Lagos State.

How To Apply For Bank Of Industry 2018/2019 Graduate Entrepreneurship Fund

No separate application required; all National Youth Service Corps (NYSC) have automatically considered for the programme. The application is online, to apply all interested applicants should kindly visit www.boi.ng/gef/ and apply online. Online Business Plan Competition to select the most promising real sector business ideas, Selection/screening of participants shall be done via the Graduate Entrepreneurship Fund online application portal.

The programme is open to only serving Youth Corp members of 2017 Batches A & B to apply.

Loan amount of up to N2 milli on to be provided to each successful participant with bankable business plans within BOI’s 35 SME clusters (list at BOI’s website: www.boi.ng with an interest rate of 9% per annum, with tenors ranging from 3-5 years inclusive of 6 – 12 months moratorium period.