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How to apply for FG’s ₦5m initiative for young entrepreneurs

Learn how to apply for the Federal Government’s N5m initiative for young Nigerian entrepreneurs. Get non-dilutive funding and business support. Read More: https://punchng.com/how-to-apply-for-fgs-%e2%82%a65m-initiative-for-young-entrepreneurs/

How to apply for FG’s ₦5m initiative for young entrepreneurs

The Federal Government of Nigeria has launched a new initiative called the NiYA × Cascador Founders Programme, aimed at providing up to ₦5 million in non-dilutive funding to selected young entrepreneurs. This partnership between the Nigerian Youth Academy and Cascador will help young founders become investment-ready and gain access to funding.

The programme is a four-week intensive course covering business fundamentals, investment readiness, pitch preparation, and one-on-one mentorship. The top-performing founders will receive up to ₦5m each from Cascador, along with an Enterprise Resource Planning (ERP) solution for business structuring, management, and scaling. The minister of Youth Development, Ayodele Olawande, emphasized that the initiative bridges the gap between training and access to capital, moving from learning to enterprise, idea to investment readiness, and potential to sustainable businesses. Applications for the programme will open on August 19, 2026, on the Nigerian Youth Academy website.

Written by urgent.news from Punch Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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